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Labor costs in France, among the highest in the EU • The excessive cost of labor is one of the factors that some economists cite to explain the difficulty of employers in hiring. A INSEE study highlights the weight of the cost of French labor: 39.2 euros per hour worked! France rises to 5And ranking of EU countries with the highest labor costs ahead of Germany (37.2 euros). Behind Luxembourg the same (47 euros) or even Denmark and Sweden. The EU average is 28.2 euros, a very heterogeneous panel… the cost of labor in Bulgaria? 6.5 euros per hour worked!
Canal + bets on OCS • Always + for Canal. On Monday 9 January, the audiovisual group announced the acquisition of OCS, the pay-channel package from telecommunications operator Orange. In addition to its film and series co-production subsidiary, Orange Studio. In a joint press release, the two groups specify that “Canal + will become the sole shareholder of the two companies at the end of this operation”. No amount has been specified at the moment. As a reminder, SCO – which was launched in 2008 – has around 3 million subscribers, but remains “leveraged and at a loss”, according to the newspaper The echoes.
Good news for Renault employees! • Le Losange has completed its employee share plan. Result: 95,000 employees will hold Renault shares. 95,000 employees who will benefit from 6 free shares, of which 40,000 have also subscribed for shares at the facilitated price of 22.02 euros. Investors are not very enthusiastic, employees are happy with this measure, in a moment of value sharing in companies. “With employee ownership, all teams benefit from the value we create and which we associate with long-term group performance. Employees will hold approximately 4.7% of the share capital following the Renaulution Shareplan operation. This is another important step in our ambition to reach 10% employee shareholding by 2030,” said Luca de Meo, Groupe Renault CEO in a press release.
The top 10 departments where corporate parking is the most expensive • There are rankings we could do without, but this one is especially useful for businesses! Zenpark, a pioneering French company specializing in the digitization of parking, presents the first edition of its company parking cost barometer in France in January. To establish this ranking, Zenpark analyzed the costs of owning a rental company’s parking lot. Here are the top 10:
- Paris (75): 6,438.07 euros/year/seat
- Hauts-de-Seine (92): 3,800.57 euros/year/space
- Corse-du-Sud (2A): 3,453.07 euros/year/space
- Val-de-Marne (94): 2,588.07 euros/year/space
- Maritime Alps (06): 2,523.43 euros/year/space
- Seine-Saint-Denis (93): 2,438.07 euros/year/space
- Haute-Savoie (74): 2,375.65 euros/year/space
- Var (83): 2,360.93 euros/year/space
- Pyrénées-Atlantiques (64): 2,284.60 euros/year/space
- Rhône (69): 2,250.65 euros/year/space