Michelin Rolls Out Its Own Global Living Wage

Michelin Rolls Out Its Own Global Living Wage

File photo dated December 5, 2023 shows Florent Menegaux, President of Group MIchelin at the Inauguration of Symbio factory gigafactory in Saint Fons near Lyon, France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Julien Reynaud/APS-Medias/ABACAPRESS.COM

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    Michelin Rolls Out Its Own Global Living Wage

    Michelin Rolls Out Its Own Global Living Wage

    File photo dated March 18, 2005 shows Michelin logo in Marseille, France on March 18, 2005. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Gerald Holubowicz/ABACAPRESS.COM
      Michelin Rolls Out Its Own Global Living Wage

      Michelin Rolls Out Its Own Global Living Wage

      File photo dated June 17, 2009 shows a worker outside the Michelin plant in Noyelles-les-Seclin near Lille, north of France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Mikael Libert/ABACAPRESS.COM
        Michelin Rolls Out Its Own Global Living Wage

        Michelin Rolls Out Its Own Global Living Wage

        File photo dated March 18, 2005 shows Michelin logo in Marseille, France on March 18, 2005. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Gerald Holubowicz/ABACAPRESS.COM
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          Michelin Rolls Out Its Own Global Living Wage

          File photo dated June 17, 2009 shows a worker outside the Michelin plant in Noyelles-les-Seclin near Lille, north of France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Mikael Libert/ABACAPRESS.COM
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            Michelin Rolls Out Its Own Global Living Wage

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                File photo dated December 10, 2021 shows Michelin Group CEO Florent Menegaux during a photo session at the Michelin headquarters in Clermont Ferrand, France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Renaud Khanh/ABACAPRESS.COM
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                  File photo dated May 04, 2020 shows Michelin logo in Boulogne-Billancourt, France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by David Niviere/ABACAPRESS.COM
                    Michelin Rolls Out Its Own Global Living Wage

                    Michelin Rolls Out Its Own Global Living Wage

                    File photo dated February 12, 2019 shows Michelin CEO Florent Menegaux in Paris, France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Vernier/JBV News/ABACAPRESS.COM
                      Michelin Rolls Out Its Own Global Living Wage

                      Michelin Rolls Out Its Own Global Living Wage

                      File photo dated February 12, 2019 shows Michelin CEO Florent Menegaux in Paris, France. After realizing that the minimum wage in its home country left some workers at breaking point, French tire-maker Michelin has taken matters into its own hands to give employees a hefty pay raise. Michelin is rolling out its own living wage to its 132,000 employees, the company said in a press release shared with Fortune and first reported by French publication Le Figaro. The 134-year-old group, which makes heavy-duty tires for construction and freight-handling companies, has set living wages for employees based on their location to correlate with living costs. The calculation for the living wage was also made based on what employees needed to provide for their family’s “essential needs.” Photo by Vernier/JBV News/ABACAPRESS.COM