In this budget, Orange SA is strengthening is action to support employees’ purchasing power in the context of a significant rise in inflation, while maintaining the Group’s financial balance.
Non-executives will receive an average salary rise of 2.45%. This results in an annual gross increase of €780 on fixed salaries below €30,000 and €680 for those above €30,000.
Executives will receive a minimum gross annual rise of €720 on annual fixed salaries below 30,000 euros and 580 euros for those between 38,000 and 80,000 euros. This represents an average salary rise for executives of 2.05%.
In addition, a total budget of 0.9% will support the skills and qualifications recognition and mobility policy, strengthen gender equality in the workplace and enhance the professional development of employees at the beginning of their careers.
Line Pélissier, Orange Career Paths, Recognition and Services Director, says: “With the return of inflation, maintaining purchasing power has become a social concern that is broadly shared. To support employees, and entry-level salaries in particular, we have increased our salary budget to reach 3% of the total salary budget and implemented unprecedented guaranteed raises. Through this commitment, we are guaranteeing to our employees that supporting purchasing power is, and will remain, a part of our policies and negotiations now and in the future.”
The Mandatory Annual Negotiation of salaries ended on April 13, 2022.
Orange is fully committed to supporting its staff’s purchasing power. In January 2022, more than 35,000 employees benefited from a one-off purchasing power bonus of €200. Furthermore, as part of value sharing in 2021, Orange implemented additional profit-sharing of 11 million euros for total profit-sharing of 177 million euros.