{"id":987689657,"date":"2024-04-19T14:32:38","date_gmt":"2024-04-19T13:32:38","guid":{"rendered":"https:\/\/p4h.world\/?post_type=news&p=987689657"},"modified":"2024-04-22T14:49:27","modified_gmt":"2024-04-22T13:49:27","slug":"michelin-sets-up-a-decent-wage-for-all-employees-around-the-world","status":"publish","type":"news","link":"https:\/\/p4h.world\/en\/news\/michelin-sets-up-a-decent-wage-for-all-employees-around-the-world\/","title":{"rendered":"Michelin sets up a \u201cdecent wage\u201d for all employees around the world"},"content":{"rendered":"

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French company, Michelin’s announcement of implementing ‘universal social protection floor’ to benefit employees in all its countries of operation is an example of private sector engagement in driving social health protection.<\/p>\n

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In a recent article published by Les Echos, tire manufacturer Michelin announced that it would establish a “decent wage” for its 132,000 employees worldwide, aiming to cover the essential needs of a family of four. This new wage will be set between 1.5 and 3 times the minimum wage in each country where Michelin operates, marking a significant shift in corporate compensation strategy. The article also highlights Michelin’s plans to implement a “universal social protection floor,” providing additional health benefits, maternity and paternity leave, and life insurance coverage for its employees. This initiative reflects Michelin’s commitment to enhancing the well-being of its workforce across the globe.<\/p>\n

The initiative was driven by the company’s CEO, Florent Menegaux, who discovered that 5% of Michelin’s workforce was earning considerably less than the required standard to meet a decent living, despite working for a major corporation. This realization prompted Michelin to rethink its remuneration strategy to ensure that none of its employees were left struggling.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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French company, Michelin’s announcement of implementing ‘universal social protection floor’ to benefit employees in all its countries of operation is an example of private sector engagement in driving social health protection. In a recent article published by Les Echos, tire manufacturer Michelin announced that it would establish a “decent wage” for its 132,000 employees worldwide,…<\/p>\n","protected":false},"author":559,"featured_media":987689660,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[],"tags":[122,3024,130],"acf":[],"_links":{"self":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news\/987689657"}],"collection":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/users\/559"}],"replies":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/comments?post=987689657"}],"version-history":[{"count":4,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news\/987689657\/revisions"}],"predecessor-version":[{"id":987689675,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news\/987689657\/revisions\/987689675"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/media\/987689660"}],"wp:attachment":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/media?parent=987689657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/categories?post=987689657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/tags?post=987689657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}