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By clicking on the links below you can find out more about news, upcoming events, why companies invested in France from the people themselves and recent press releases which Invest in France has issued.
News
2008-11-20
Re-establishing work incentives
Work more, earn more, Overtime hours are now tax and charge free in France.
The French work on average 41 hours per week, which is more than the Norwegians (39.2), the Irish (40.2), the Finnish (40.3) or the Danish (40.4) according to Eurostat figures (2008). Management staff in France work on average 48 hours a week which makes them one of the hardest working in Europe just after Germany (49.7) but well ahead of the UK (44.2) and Sweden (44).
Moreover, France ranks 1st in the EU and 3rd worldwide in terms of hourly productivity (behind Norway and the US), well ahead of Great Britain and Germany.
New French labour regulations have been brought in and provide incentives to work more and earn more.
Companies can raise the number of hours worked by management staff or independent salaried employees from 218 days to 235 days (and even up to 282 working days if there is collective agreement for working on Saturdays)
Also, since October 2007, employees benefit from exemptions on tax and social security contributions for overtime hours worked over and above the legal working week, effectively an increase of 25% in pay for overtime. The employer also benefits from a flat reduction in employer social security charges for each additional overtime hour.
Read more information on the following PDF document.
- Re-establishing work incentives [pdf - 212 Ko]
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Given the chronic congestion of the road and motorway networks and the rising cost of fuel, the transport of goods by rail is a competitive alternative to road transport and should become the preferred means of transport in the future.
Indian group Wipro technologies has decided to make France one of its European priorities.
2008-10-06 - Los Angeles, Palo Alto, & Seattle
Meet with us
IFA launches its 2nd European Attractiveness Scoreboard in the United States in October
The 2nd edition of the European Attractiveness Scoreboard (EAS) will be presented by the president of IFA, Philippe Favre and his German counterpart of Invest in Germany during a roadshow in the United States at the beginning of October.
In The Press
La Tribune - 2008-11-12
Sovereign funds - Interview with Philippe Favre
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