Signals of the future of work (Apr. 2022)

Number 58 - April 2022

What will happen now to executive pay in France?

One of the most significant news stories in April was Emmanuel Macron’s victory in the French presidential elections after a hard-fought second run. With his re-election confirmed, we will now see what has become of his intention—expressed during the election campaign—to push for a cap on excessive executive pay through European institutions. Macron made these remarks earlier this month after describing as “shocking”, “excessive” and “astronomical” the €19 million pay packet given to Carlos Tavares, CEO of the Stellantis car group, after French carmaker PSA merged with Italian-American Fiat Chrysler to create the new group. According to France’s newly re-elected president,

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