The 2013/06/05 at 08:17
With Clotilde Norlöff, Manager in charge of External and Brokerage Clients at Groupama Épargne Salariale.
Commerce International: Why is it interesting for businesses to set up employee savings measures?
Clotilde Norlöff: Employee savings represent a set of measures that are advantage in social and tax terms for the company and for employees. Indeed, all contributions made by the company(2) benefit from exemptions from:
In addition, if what is contributed to the fund by the employer is saved by the employee, the employee can also benefit from income tax exemptions. Ultimately, the savings are exempt from capital gains tax (apart from welfare charges, at 15.5 % to date).
To give you an example, the contribution of a bonus in this context can yield up to 70 % more for beneficiaries (company heads, employees and spouse business partners) than a so-called normal bonus.
What mechanisms are involved in employee savings?
It’s important to bear in mind that there are two employee savings receptacles:
- The Plan Épargne Entreprises (PEE or Company Savings Plan), with funds blocked for a duration of 5 years, with nine cases of premature release of funds,
- and the Plan d’Épargne Retraite Collectif (PERCO or Collective Retirement Savings Plan), where money is blocked until retirement, with five cases of premature release of funds.
These two “piggy banks” are supplied:
Which companies are concerned by these measures?
It is compulsory for companies with over 50 employees to set up at least a profit-sharing agreement backed up by a PEE and/or a PERCO. Beyond this obligation, all companies can set up employee savings plans as long as they have employed an employee for at least six months. Once the system is in place, all employees can have access to it, but no one is forced to subscribe to it.
How do you accompany businesses in setting up these measures?
We accompany them before, during and after the setting up. What’s interesting is to optimise these measures. That’s why having a partner who is perfectly familiar with regulations is, given these conditions, a sizeable asset. Our help encompasses the drafting of agreements, communication with employees, administrative management and financial management. If it is necessary to hold information meetings during contribution campaigns, we can take care of these as well.
What is the difference between you and your rivals in this sector?
For further information, please contact Clotilde Norlöff by email: email@example.com or by telephone: 01.55.86.55.77