Interest, participation... Value sharing on the rise in 2023, according to Amundi

Companies in France paid more to their employees as value sharing in 2023, confirming the trend set in recent years, asset manager Amundi said on Monday. On average, companies paid 1,681 euros per employee in 2023 for value sharing (profit-sharing and participation), an increase of 3.7% compared to 2022, observed the subsidiary of Crédit Agricole, which says it manages the retirement and salary savings of more than three million employees in France, out of the nearly 12 million who hold them.

In 2022, the amounts jumped by 30%, in a context of rising profits for large companies and a rise in inflation, which pushed companies to supplement salaries with other forms of remuneration. The number of beneficiary employees increased by 3.5%. This year again, “there were more companies, which distributed more to more employees,” confirms Catherine Leroy, director of the employee savings and retirement business at Amundi.

Also read: Who will benefit from the law on value sharing?

Only 30% of employees requested immediate payment, a proportion that is almost stable over a year and which mainly concerns the smallest amounts. The other employees reinvest this sum, which allows them to benefit from advantages such as contributions to their investments by their company, or “an advantageous tax framework”, explains Catherine Leroy.

These figures, which have risen sharply since the Pacte law, which allowed a relaxation of the conditions for using these devices, should, according to her, increase further. A law on “value sharing” within companies is currently under discussion in Parliament. The text aims to transpose the national inter-professional agreement (ANI), which plans to extend schemes such as profit-sharing, participation or value-sharing bonuses (“Macron bonus”) to all companies over 11 employees.

Value sharing bonuses can be “a simple tool to get started” at the scale of small businesses which can then try to associate this bonus with savings plans for employees, hopes Catherine Leroy.