Post a Comment Print Share on Facebook

One in five VSE-SME bosses earns less than the minimum wage, according to a study

One in five VSE-SME managers receives a net monthly remuneration of less than a minimum wage, or less than 1,400 euros, according to a study published Thursday by the Confederation of SMEs (CPME) which wants to undermine the image of the highly paid boss.

- 15 reads.

One in five VSE-SME bosses earns less than the minimum wage, according to a study

One in five VSE-SME managers receives a net monthly remuneration of less than a minimum wage, or less than 1,400 euros, according to a study published Thursday by the Confederation of SMEs (CPME) which wants to undermine the image of the highly paid boss.

According to this survey, the remuneration of other entrepreneurs is between 1400 and 2600 euros monthly for 31% of respondents, between 2600 and 4000 euros for 25% of them and greater than 4000 euros for those who remain (25%).

“The result is clear: no, business leaders are not lining their pockets!”, commented the CPME in a press release. “It is sometimes good to remember the difficulties faced by business leaders on whose backs the rules and constraints accumulate,” underlined the employers' organization, which has 243,000 members employing 4 million employees.

“A VSE/SME is not a large scale business,” she insisted. The study is based on an online questionnaire submitted from November 20 to December 17, 2023 to CPME member companies and which collected 1,331 responses. As of January 1, the minimum growth wage (smic) was automatically increased by 1.13% due to the rise in prices. It went from 1383.08 euros net monthly to 1398.69 euros, an increase of 15.61 euros net per month.

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.