Setback for Ma Prime Renov as optimistic job market updates emerge for seniors...
New Report Reveals Gap in Top Executive Salaries
By Charlotte Rousset, our Employment section's Journalist, specializing in social law, careers, and worker's remuneration
© Illustration by our site
Average Executive Salary Gap Soars. A staggering €2,600 per month separates senior executives' salaries from those of all full-time employees, according to the Inequality Observatory's latest report, published on June 3. This gap widens with age, as older executives (with more experience) earn up to €6,124 per month, almost double the average remuneration of €3,369 for their younger colleagues.
Better Mortgage Rates Ahead! On June 5, the European Central Bank lowered its key interest rates, encouraging banks to review their mortgage rates downward, particularly benefiting first-time buyers, whose projects heavily hinge on interest rates.
Improving Employment for Senior Workers. On June 4, the Senate adopted the transposed Interprofessional Agreement into law, aiming to boost the employment rate for experienced workers. The agreement includes measures like the creation of a Contract for the Valorization of Experience and the return of progressive retirement from the age of 60.
A Shift in Renovation Scheme Management. Faced with high levels of fraud, the government plans to better manage the influx of files for the Ma Prime Rénov' scheme, aiming to detect fraudsters upstream. As a result, the scheme will temporarily close for individual global renovation and insulation or heating system changes during the summer months.
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In European countries, executive salaries are typically lower compared to those in the United States, as established by Salary Expert [2]. As of recent news, specific details on executive salaries within Europe are scarce, except for general comparisons with the U.S.
The seasonal fluctuation of mortgage rates in Europe varies by country, influenced by economic conditions and central bank policies. To find current rates, refer to recent economic reports or news specific to European countries.
The EU Pay Transparency Directive, set to take effect in 2026, aims for increased compensation transparency. This might impact how companies report salaries [3][4], but it does not directly concern executive salaries or mortgage rates.
Germany has increased the EU Blue Card salary thresholds for 2025 for general occupations, setting the minimum gross annual salary at €48,300. For shortage occupations, the threshold is €43,759.80 [5], but this does not necessarily affect executive salaries.
Labeling the growing disparity, Charlotte Rousset from our Employment section highlights that the average senior executive salary gap surpasses €2,600 per month, significantly higher than the average full-time employee remuneration, as revealed in the Inequality Observatory's latest report.
Although executive salaries in European countries are generally lower compared to the United States, financing one's first home can become more affordable as the European Central Bank's lower interest rates encourage banks to review mortgage rates downward, particularly benefiting first-time buyers.
