France is an amicable state with conducive working conditions both for the natives and the foreigners.
Compared to other nations in Europe, working in France is relatively easy and self-gratifying in terms of payment and working conditions.
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Here is why France is considered to give good salaries to the foreigners
1. France has a High Minimum Wage Policy
So long as one is a certified worker in France with a work permit, they are entitled to the French minimum wage.
This minimum wage policy is in accordance with the International Labor Organization (ILO) standards, other International Laws and the French municipal Law.
ILO standards and other Laws seek to protect and enforce rights vested in the employment sector.
This ensures the minimum wage policy applies to all workers regardless of their age, gender, race, religion, political affiliations or marital status.
France minimum wage stands at 10.03 Euros per hour which translates roughly to 1,521.22 euros per month for someone who works 35 hours per week.
Some French industries may set higher wages based on collective agreements with their workers.
With this high minimum wage policy, France is among the only six European union member countries that pay a minimum wage of more than 1,000 euros per month.
Other countries include Ireland, Belgium, Netherlands, Luxembourg, Spain and Germany. This is pretty impressive.
2. French Taxes on Foreigner Salaries are Relatively Low
The French employment sector has rational conditions on all its workers, including foreign workers.
With a standard 35 working hours per week, a worker is also entitled to time off of about 30 days fully paid annually.
Additionally, 11 public holidays in the year also require the workers to take a break.
The salary given at this time is subject to taxes in accordance with French Labour Laws.
For the natives, taxes are drawn in a Pay As You Earn (PAYE) system. For foreigners, those who earn up to 27,519 Euros are subject to remission of a 20% rate on their salaries and those who earn above the threshold of 27,519 Euros are subject to a 30% tax rate.
Other tax rates can be applied but that is on other incomes such as investment.
Even though this is relatively high, in comparison to other European countries France is fair off.
It ranks sixth in taxation rates after countries such as Denmark, Greece, Belgium and Portugal. In addition to this, Macron introduced a number of tax cuts in the year 2020 which also relieved the Foreigners.
3. French Work Permits are Diverse
With different modes of how to get permits in France, it is relatively easier for foreigners to tap into the employment sector for a salary.
France does not only have a residence permit but also a long term permit with a short-term visa.
One needs a Schengen visa to enter France.
The visa is also called a short term visa and allows one to stay in the country for 3 months and 6 months if a foreigner doesn’t visit other countries.
This visa is followed by a long term visa that is valid for a period between 3 to 12 months.
In regards to international companies, the employee of the foreign division has a right to obtain a work permit in France whose validity runs for more than 3 months.
For qualified specialists, they are free to have the skills and talents permit or the EU Blue Card. This permit is valid for 3 years.
For the EU Blue Card, a salary of 1.5 times higher than the national average is offered to foreigners.
For young professionals, immediately after graduation a permit of 12 months is very possible to get with full pay.
With all these incentives, foreigners in France in the end have hefty salaries from the numerous opportunities available.