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Basic Economic Summary


  • Local Languages: French
  • Capital: Paris
  • Currency: Euro
  • Population: 67,055,854 (2019)
  • Date Format: dd/mm/yyyy

Useful Information

  • GDP Per Capita (in USD): 40,493.93 USD
  • Exchange Rate (AUD/USD): 1.22
  • PISA Ranking (2018): 26
  • Number of University Graduates (2018): 1.6 million

Local Universities

University Niche Subjects Rankings
Paris Sciences et Lettres Research University Mathematics and Computer Science World University ranking: 46, World Reputation Ranking: 46 , Engineering and Technology Ranking: 65 , Business and Economics Ranking: 75 , Computer Science Ranking: 39
Ecole Polytechnique Mathematics, Material Science, Engineering and Technology World University ranking: 87, World Reputation Ranking: , Engineering and Technology Ranking: 57, Computer Science Ranking: 75
Sorbonne University Humanities, Social Sciences, Natural Sciences and Engineering World University ranking: 87, World Reputation Ranking: 50
CentraleSupélec Health and Bio-Engineering, Energy, Communication systems World University ranking: 138, World Reputation Ranking: 81-90th
École Normale Supérieure de Lyon Health, Chemistry and Human Sciences World University ranking: 161

Salary Data

Average Salary of Jobs (Per Month)

France is expected to experience higher demand for professionals in the following industries: Information Technology, Finance, Supply Chain & Procurement, and Tax, Legal & Compliance.

Below are the average salaries of some jobs in France for 2019. Please refer to Robert Walters' Salary Survey 2020 for more information.

Job Title Average Salary (EUR) Average Salary (USD)
Accounting Manager 4,167 - 5,833 5,106 - 7,147
IT/IS Architect 6,250 - 7,083 7,658 - 8,679
Data Scientist 5,000 - 5,833 6,127 - 7,147
Product Manager 3,750 - 4,583 4,594 - 5,616
Sales Representative 7,500 - 9,167 9,190 - 11,232

Talent Sourcing Tips


Employer Payroll Tax

Type of Tax Tax Rate
Health, Maternity, Disability, Death 7% or 13%
Autonomy Solidarity Contribution 0.30%
Old Age Insurance 8.55%
Family Benefits 2.45% or 5.25%
Unemployment Insurance 4.05%
Wage Guarantee Insurance 0.30%

Employee Payroll Tax

Type of Tax Contribution
Old-Age Pension 6.90%
Social Security Surcharge 9.20%
Social security debt reimbursement contribution 0.50%

Employee Monthly Income Tax

Income Group (in euros €) Contribution
€0 - €840 0%
€841 - €2,142 11%
€2,143 - €6,126 30%
€6,127 - €13,177 41%
Over €13,177 45%

Minimum Wage & Payroll

Minimum Wage

The minimum wage in France is €10.03 per hour or €1521.22 per month on a 35 hour working week. 

Payroll Cycle

Employees are usually paid their salary per month


13th month salary

It is customary but not mandatory to pay the 13th month bonus at the end of december. 

Working Hours & Statutory Leave

Working hours

The standard work hours in France is 35 hrs a week but collective bargaining agreements may set a different standard.

The maximum working hours are :

  • Not more than an average of 44 hrs a week during 12 consecutive weeks
  • 48 hrs during any given week
  • 10 hrs a day

Overtime pay

The companies are entitled to compensate employees for overtime hours worked in the following structure:

  • 25% surcharge for the first 8 hrs during the week
  • 50% surcharge incase overtime exceeds 8 hrs during the week.

Public Holidays

The list of public holidays can be found here.

Annual Paid Leave

An employee who has worked for 12 months in continuance, is entitled to 5 weeks of paid leave annually.

Sick Leave

The social security health system in France pays an employee on sick leave a daily benefit, and the employee is legally required to only make up the difference between that benefit and the employee's normal compensation.

Parental Leave

Maternity Leave
Pregnancy Type Period of Leave
Normal 16 weeks
Third Child 26 weeks
Twins 34 weeks
Triplets or more 46 weeks

Paternity Leave

Employees are entitled to 3 working days of leave for the birth of their child. In addition to this, they are further entitled to 11 days of paid leave.

Offboarding & Termination

Termination Process

The termination process is moderately simple.

A valid reason is necessary for termination accompanied with a reasonable notice period unless termination is due to misconduct in which no notice is required.

Notice Period

Years of Employment Notice Period
6 months - 2 years 1 month
> 2 years 2 months

Severance Pay

Years of Employment Pay Rate
≤ 10 years 25% of gross monthly salary
≥ 11 years 33.33% of gross monthly salary

Probation period

Job Type Maximum Probation period
Blue-collar and White-collar Employees 2 months
Supervisors and Technical Employees 3 months
Managers and Professional Employees 4 months



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