Value-sharing | New edition of Veil Jourde “Mornings”

New obligation to negotiate on the taking into account of an exceptional increase in profit: are you ready for the deadline of June 30, 2024?

During this new edition of Veil Jourde’s “Mornings”, Pauline Larroque-Daran, partner, and Ismaël Koné, counsel, decrypted the new legal provisions of the November 29th 2023 law on value-sharing, relating to the obligation to negotiate on the definition of an exceptional increase in their profit and the arrangements for sharing the value with the employees resulting therefrom.

Together, they analyzed several aspects:

•  The social context at the origin of this obligation
• The companies concerned and the cases of exclusion
• The precise content of the negotiation and the actions to be carried out before June 30, 2024
• The opportunity to negotiate despite the absence of sanctions