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COUNTRY SEARCH:
France
- Recruitment landscape
- Economic indicators
- Labor market
- Working life
Your global agency guide to...
France
France, with a GDP of $3.03 trillion, ranks as the 7th largest economy globally. Its top industries include energy, manufacturing and technology, and transport and automotive. The country has a stable working population with an unemployment rate of 7.3%, indicating labor market efficiency. France has a medium number of recruitment agencies, reflecting a balanced market.
France'S
AGENCY LANDSCAPE
12K
Agencies operating in France
A high number of agencies indicates a mature recruitment industry, marked by strong talent demand, established labor laws and economic stability.
15-21%
Typical fee range
Countries with higher fees imply finding talent is harder to find whilst lower fees indicate a high-volume, commoditized market.
France'S
FEATURED AGENCIES
AGIL-Tech
Focus Cloud
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France'S
GROSS DOMESTIC PRODUCT (GDP) RATING
7
WORLD RANKED
France ranks 7th in the world by current economic output
$3T
NOMINAL GDP (US$)
GDP reflects the overall size and economic strength of the country’s economy.
3
EMEA RANKED
France is the 3rd biggest GDP in EMEA out of 109 countries in the region
GDP GROWTH (%)
The above chart compares how France's GDP has grown, compared to the rest of the world and the EMEA region in the last 7 years.
Positive growth indicates an expanding economy, while negative growth or recession signifies economic contraction. Strong growth can encourage hiring, but slower growth might lead to freezes or layoffs, influencing talent sourcing as businesses adapt to changing market conditions and demands.
France'S
CURRENCY AND CODE
€
Country currency
FRA
Country ISO code
France'S
INFLATION RATE
2.4%
CURRENT RATE
▼3.3% REDUCTION
Inflation represents the rate at which prices rise and purchasing power diminishes. High inflation may prompt employees to seek higher wages, potentially impacting company profitability. This situation could lead to budget constraints or hiring freezes, which might influence talent availability and sourcing strategies.
France'S
COST OF LIVING
COST OF LIVING INDEX EXPLAINED
The cost of living has a direct impact on salary expectations and the competitiveness of compensation packages. It can influence the appeal of certain locations-while high-cost areas may attract highly skilled professionals looking for higher salaries, lower-cost areas can appeal to companies looking to minimize salary expenses or candidates seeking a better work-life balance.
France'S
LABOUR STATISTICS
65M
POPULATION
With a population of 65,269,154, France is a medium sized country by global standards. France's youth population is just below the world average, indicating it may face challenges in labor market sustainability over time. The working population in France is close to the world average, suggesting a stable labor market that can adequately meet the economy's demands. France's elderly population is just above the world average, suggesting a growing dependency ratio, which may strain the labor market.
France'S
RELIGION
Religion
In religiously diverse countries, a broad sourcing and engagement approach whilst appealing to inclusive practices resonates with this candidate market. In contrast, in a homogeneous religious environment, understanding dominant cultural norms is often more important when engaging with talent.
France'S
UNEMPLOYMENT RATE
7.3%
CURRENT PERCENTAGE
▲0.02% INCREASE
France has an unhealthy unemployment rate, suggesting there may be some economic or structural challenges . Between 2022 and 2023, there was a small increase in unemployment, suggesting continued economic stability, with a slight dip in job availability
France'S
TOP PERFORMING COMPANIES AND INDUSTRIES
Top performing companies
Teleperformance
Capgemini
Sodexo
Top industries
Energy
Manufacturing and technology
Transport and automotive
France'S
GENDER DEMOGRAPHICS
RATIO OF MALES TO FEMALES (BY AGE)
LABOUR PARTICIPATION BY GENDER (%)
60
/
53
Male | Female
In France there is a low gap in participation rates between males and females, indicating a relatively balanced workforce particpation often reflective of strong gender equality policies or cultural norms supportive of equal gender parity.
France'S
WORKING LIFE
$44K
Average gross annual wage (US$)
This figure represents yearly income before taxes. Higher wage countries are above $50,000 USD. Attracting talent in lower-wage markets can be cost-effective; however, offering above-average compensation may be required for in-demand skills.
$3.7K
Average gross monthly wage (US$)
This figure represents monthly income before taxes. Higher-wage countries typically exceed $4,000 USD per month. Attracting talent in lower-wage markets can be cost-effective; however, offering above-average monthly compensation may be necessary for in-demand skills.
France'S
WORKING LIFE
11DAYS
Minimum annual holidays
Minimum annual holidays reflect mandated leave. Hiring in countries with high allowances (over 25 days) will require emphasizing work-life balance when recruiting. In countries with fewer holidays (under 15 days), offering additional leave can enhance recruitment and set the organization apart.
35HRS
Average working full time week
Standard work hours are 35 per week, with mandatory overtime pay for part-timers. "Day pass" employees don't get overtime. Hours beyond normal are overtime, with a cap for part-timers at 10% more than weekly hours at 110% pay.
France'S
TOP BENEFITS
16WEEKS
Maternity leave
Maternity Leave: 16 weeks paid, 6 weeks pre-birth mandatory, paid at avg. salary up to EUR 3,864, refundable by Social Security, no extensions, eligible for parental leave after 1-year work. Paternity Leave: 25 days paid, 4 days post-birth required, split allowed, paid at avg. salary up to EUR 100.36/day, no extensions, eligible for parental leave after 1-year work. Parental Leave: Up to 1 year, full or partial, unpaid if full, pro-rata pay if partial, extendable until child turns three, must agree with employer on part-time hours.
3DAYS
Sick leave
Employees' sick leave pay varies by job, years of service, and days taken. Employers, social security, and insurance share the cost, with payment ranging from 0% to 100% of the salary. No pay for the first 3 days; thereafter, social security covers 50% of the base salary.
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