Michelin announces a minimum wage of 21,000 euros per year for its employees in France and around the world. This is the equivalent of a family of four earning the minimum wage for a year.
The minimum wage will be paid out of the profits made from the sale of goods and services, as well as the profits earned from the use of these goods. It is intended to provide a level of support for the employees that is necessary for their well-being and for the growth of the economy. The salary will be calculated on a per-person basis, with a maximum of 20,000 euros per year. It will be based on the number of people employed by the company, and the average wage for each person is 1,200 euros. The maximum wage is set at 21,200 euros per person, with a maximum of 2,000 euros being paid every year.