Keyword: Pierre Gattaz
Medef boss Pierre Gattaz was speaking ahead of regional elections next weekend, when the Front National is tipped to make strong gains.
When the man at the helm of the French bosses' organisation calls for wage restraint and suggests paying young workers less than the legal minimum wage, it would seem reasonable to expect him to be prepared to take a dose of his own medicine. Instead Pierre Gattaz, president of the employers' association MEDEF, has just awarded himself a 29% pay rise. He is far from being the only culprit in France's corporate world. But, says Martine Orange, the symbolism bodes ill for President François Hollande's bid to cut business costs in exchange for creating jobs, a policy on which the president has staked his political future.
Prime minister Ayrault says deal offers more training to those who need it most: job seekers, less-skilled workers and staff at small firms.