In our December 2013 e-newsletter, we announced the forthcoming publication of the so-called “Florange” Law that notably imposes on companies and groups with at least 1,000 employees that intend to close down a site the obligation to search for a buyer. This has now been done… after three months of parliamentary vicissitudes! Even though the […]
Decree 2014-294 of March 6, 2014 authorizes the dematerialization of meal vouchers and amends the conditions in which such vouchers can be used, depending on whether they are in paper or dematerialized form. Companies are free to keep paper-based vouchers or opt for dematerialized vouchers taking the forms of a smart card or a smartphone […]
Pursuant to a Decree dated December 3, 2013, new measures to combat social-related contribution evasion are now enforceable. These measures include aggravated sanctions/penalties for contractors that do not comply with their duty of vigilance and care towards their sub-contractors who commit the offense of undeclared work. The 2013 Social Security Finance Law n°2012-1404 of December […]
The Law on securing employment of June 14, 2013, the main features of which were outlined in our March, May and June 2013 e-newsletters, has established the principle that an agreement between the employer and the Works Council (the “WC”), or in the absence of such agreement, a Decree of the Conseil d’Etat (Council of […]
Adopted on October 1, 2013 by the National Assembly under the fast-track legislative procedure, the Bill aimed at “restoring prospects for the real economy and industrial employment”, known as the Florange Bill (the “Bill”), imposes on companies intending to close down a site the obligation to search for a buyer and provides for financial penalties […]
French rules governing company-sponsored death and disability insurance schemes and supplemental retirement schemes have substantially evolved over the years. French Tax and Social Authorities have increasingly challenged the collective and mandatory nature of death and disability insurance schemes and supplemental retirement schemes implemented within companies, i.e. two essential criteria allowing businesses to benefit from tax […]
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