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The Unions, Except for CGT, Willing to Sign Agreement on Sharing Superprofits through Profit Distribution

The Head of State had therefore said that he was going to “ask the government to work on an exceptional contribution” so that “workers can take advantage” of this windfall.

Participation and profit-sharing

The government wants to “force” companies “to distribute more profit-sharing, more participation, more tax-free bonuses”, when they buy back their shares, said the Minister of the Economy, Bruno Le Maire.

“But that’s exactly what we put in the agreement” on the sharing of value, the boss of Medef Geoffroy Roux de Bézieux.

For large companies, there is a paragraph which says that in the event of exceptional profits “there is the obligation to renegotiate with the unions an additional system of participation and profit-sharing”, he explains, adding to think “that we have already responded in some way to this presidential request”.

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