In the midst of the yellow vests crisis, Michel-Edouard Leclerc spoke at the microphone of BFMTV on the issue of wages in France. Believing that “work does not pay enough in France”, he assured that the vast majority of his employees will receive bonuses
The CEO of the group E.Leclerc was the guest, Thursday 10th January, direct Jean-Jacques Bourdin on BFMTV.
“The low price man” was questioned on the question of wage earning in companies, the yellow vests and the purchasing power in France.
Michel-Edouard Leclerc said he was “not surprised” by the wrath of the Yellow Vests, adding that he “had the presentiment”, the fault to “public authorities very far from the very pragmatic demands of the French who are never answered “ .
Yellow Vests: “A population that feels despised”
He then gave his analysis on the reasons that gave rise to the manifestations of yellow vests, including the large number of “taxes” on “salt and sugar” for example . “ A population that feels despised is trying to find a forum for expression […] that makes sense,” he adds. However, he felt that the violence was “understandable but not legitimised” as it “steals the claim” .
“Yes,” the President of E. Leclerc has assured that in his company, “exceptional bonuses” will be paid. There will be bonuses “dependent companies” Leclerc, he added to Jean-Jacques Bourdin. Subsequently, he said that “In 547 out of 600 stores, there will be incentives, participation and bonuses.”
“We sacrificed an income policy for a capital policy”
Of the 57.4 billion dividends for companies, he thinks that what is not “acceptable is that beside that, the income from work do not pay . ” “Work pays, capital does not pay. Today, if you are not co-opted to a higher level, your salary will not increase. I’m not saying that everyone has to get rich, but at least people have to have the opportunity to live decently, “ added E.Leclerc’s director.
“In reality, what is urgent is that people who are at work have the recognition of their work and the opportunity to live with their work,” he says.