Ethix

By law

Please find hereunder the rules about the calculation of profit-sharing mentioned in the French Labour Code, profit-sharing and wage savings chapter.

«The Board introduces a report to the Work’s Council or the Specialized Committee possibly created by them, within the 6 following months after the end of the budgetary year.
This report includes in particular:
1° figures to be used for the calculation of the special financial fund dedicated to the profit-sharing of the employees, and based on the past budgetary year;
2° detailed information on the financial management and the use of the money dedicated to this fund.»
(D3323-13 article)

«When the Work’s Council is called for the meeting to analyse the report related to the agreement on profit-sharing, there are either separate meetings or special mention in the agenda to talk about these issues. The Work’s Council can be assisted by a Chartered Accountant as mentioned in L2325-35 article.»
(D3323-14 article)

«If there is no Work’s Council in the company, the report related to the agreement on profit-sharing is introduced to the Staff Representatives and forwarded to each employee within the 6 following months after the end of the budgetary year.»
(D3323-15 article)