The latest negotiation meeting regarding the Group review clause, concerning the Hierarchical Minimum Wages (SMH), was held on November 9, 2026.

Demands and Progress on SMH

• Separation from the branch collective minimum: FO’s primary demand, initiated on November 4 and endorsed by all trade union organizations, was to obtain, at each classification level, a gap of at least 8% above the corresponding branch collective minimum. This demand was heard and agreed to by Management.
• Revaluation of the SMH scale: Our second demand focused on upgrading our SMH scale. Despite the stagnation of the branch collective scheme, Management ultimately proposed a weighted average increase of +1.6% across the entire Hierarchical Minimum Wages (SMH) scale.

A third meeting dedicated to the proofreading of the agreement amendment is scheduled for November 16, 2026.

Purchasing Power and 2027 Salary Policy

Once the SMH scale matter was addressed, Management also indicated that it had taken note of our demands regarding purchasing power, particularly in light of the energy crisis.

FO reaffirmed its demands, which remain unchanged:

A First Breakthrough Achieved

As part of the 2026 agreement review and in the face of pressures on purchasing power, FO has achieved an initial breakthrough by bringing forward the 2027 wage negotiations.

Management has agreed to open these discussions immediately and has committed to getting back to us very shortly to schedule a first Group negotiation meeting, with the objective of implementing a measure on the January payroll.

Reminder: Under this Group Agreement, the seniority point will be increased by +1.25% on January 1, 2027.