minimum wage. The amount of the minimum interprofessional growth wage was revalued on Sunday January 1, 2023. How does this increase translate into additional euros on your payslip?
[Mis à jour le 2 janvier 2023 à 13h15] Good news for employees paid the minimum interprofessional growth wage (Smic): its amount has been upgraded on January 1, 2023. It has in fact been increased by 1.81%. The gross monthly minimum wage thus passes the symbolic bar of 1,709.28 euros. Concretely, the net monthly salary is 1,353.07 euros for 35 hours per week, against 1,329 euros previously. An employee with a net monthly minimum wage will therefore see his salary increase by 24 euros compared to the end of 2022. In January 2016, the net monthly minimum wage was 1,143 euros. In seven years, it has increased by 210 euros.
Do not see there a gesture of the government to support the purchasing power of the most modest French employees. In fact, every year the Smic is mechanically revalued by decree on January 1, compared to the evolution of inflation observed in the 20% of French households with the lowest incomes. Moreover, when the inflation rate increases by at least 2%, the minimum wage is automatically raised in the same proportions. On January 1, 2022, the Smic had experienced a mechanical increase of 0.9%, before being increased again by 2.65% on May 1, then by 2.01% on August 1.
On the basis of a full-time job, 35 hours per week, an employee with the minimum wage earns 1,709.28 euros gross and 1,353.07 euros net (after mandatory deductions), for a net gain of 24 euros each month compared to August 2022, since Sunday January 1, 2023. Here are all the amounts of the minimum wage to know at the start of the year:
- Net minimum wage as of January 1, 2023: 1 353,07 euros
- Gross minimum wage on January 1, 2023: 1 709,28 euros
- Net hourly minimum wage on January 1, 2023: 8,92 euros
- Gross hourly minimum wage on 1 January 2023: 11,27 euros
The amount of the monthly net minimum wage is set at 1 353,07 euros since January 1, 2023, compared to 1,329.05 euros at the beginning of August 2022, the date of the last revaluation. As a reminder, here is the evolution of the amount of the net monthly minimum wage in recent years:
| Year | Amount of the net monthly minimum wage |
| January 2016 | 1 143 euros |
| January 2017 | 1 149,07 euros |
| January 2018 | 1 174,93 euros |
| January 2019 | 1 204 euros |
| January 2020 | 1 219 euros |
| January 2021 | 1 231 euros |
| January 2022 | 1 269,45 euros |
| May 2022 | 1 302 euros |
| August 2022 | 1 329, 05 euros |
| January 2023 | 1 353,07 euros |
Since January 1, 2023, the gross monthly minimum wage reached 1,709.28 euros per month on the basis of 35 hours per week. For information, here is the evolution of the amount of the minimum wage since 2010:
| Year | Amount of the hourly minimum wage (gross) | Amount of the monthly minimum wage (gross) |
| January 2010 | 8,86 euros | 1 343,77 euros |
| January 2011 | 9 euros | 1 365 euros |
| December 2011 | 9,19 euros | 1 393,82 euros |
| January 2012 | 9,22 euros | 1 398,37 euros |
| July 2012 | 9,40 euros | 1 425,67 euros |
| January 2013 | 9,43 euros | 1 430,22 euros |
| January 2014 | 9,53 euros | 1 445,38 euros |
| January 2015 | 9,61 euros | 1 457,52 euros |
| January 2016 | 9,67 euros | 1 466,62 euros |
| January 2017 | 9,76 euros | 1 480,27 euros |
| January 2018 | 9,88 euros | 1 498,47 euros |
| January 2019 | 10,03 euros | 1 521,22 euros |
| January 2020 | 10,15 euros | 1 539,42 euros |
| January 2021 | 10,25 euros | 1 554, 58 euros |
| January 2022 | 10,57 euros | 1 603 euros |
| May 2022 | 10,85 euros | 1 645 euros |
| August 2022 | 11,07 euros | 1 678,95 euros |
| January 2023 | 11,27 euros | 1 709,28 euros |
The amount of the net hourly minimum wage is extremely variable. Keep in mind that the amount may vary from one payslip to another, due to the amount of social security contributions deducted from the gross hourly minimum wage. Since January 1, 2023, the amount of the Net hourly minimum wage is about 8,92 euros.
The amount of the gross hourly minimum wage has been 11.27 euros since January 1, 2023, compared to 11.07 euros on August 1, 2022. As a reminder, the amount of the gross hourly minimum wage, in recent years, was set at:
| Year | Amount of the hourly minimum wage (gross) |
| January 2016 | 9,67 euros |
| January 2017 | 9,76 euros |
| January 2018 | 9,88 euros |
| January 2019 | 10,03 euros |
| January 2020 | 10,15 euros |
| January 2021 | 10,25 euros |
| January 2022 | 10,57 euros |
| May 2022 | 10,85 euros |
| August 2022 | 11,07 euros |
| January 2023 | 11,27 euros |
The hourly rate of the Smic corresponds to the legal minimum hourly wage that the employee must receive. Deductions are however applicable in certain cases (apprentices and employees under 18). This is the amount paid for one hour of work. The monthly minimum wage is modeled on the basis of 35 hours per week.
The amount of the annual Smic is obtained by multiplying the amount of the monthly Smic (above) by the number of months of the year, i.e. 12. Please note, if you benefit from a 13th month paid to your employer, this is not part of the calculation of the annual minimum wage. Referring to the new amount of the Smic 2023 valid since January 1, 2023, the net annual Smic amounts to 16 236,84 euros (1353.07×12). For its part, the gross annual minimum wage climbs to 20 511,36 euros (1 709,28 x 12).