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Article R7331-11 of the French Labour Code

The remuneration provided for in article L. 7332-3, fixed in the contract, is made up of: 1° A fixed portion paid monthly, the amount of which is determined on a flat-rate basis according to the minimum activity targets defined in the salaried entrepreneur’s contract; 2° A variable portion calculated for each financial year according to the turnover defined in article L. 7332-3. An advance on the variable part of the…

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Article R7331-12 of the French Labour Code

At the end of the financial year, the activity and employment cooperative will regularise the calculation of the variable part of the remuneration of each entrepreneur-employee and pay the outstanding balance within a maximum period of one month after the date of the general meeting deciding on the closing of the accounts for the financial year. The entrepreneur-employee contract may stipulate the conditions under which the parties agree at the…

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