Businessmen Divided Over Universal Time Savings Account

There were already tensions between workers’ and employers’ organizations. Added to this is now the dispute within the businessmen themselves. While the social partners must meet again on Tuesday, March 26, within the framework of the negotiation “for a new pact for life at work”, the representatives of employers discuss a key topic of the discussions: the universal account time saving (CETU). .

Read also | Article reserved for our subscribers. Medef opposes the creation of a universal time savings account

Medef and the Confederation of Small and Medium Enterprises (CPME) are fiercely opposed; The Union of Local Enterprises (U2P), which defends artisans, merchants and liberal professions, is willing to reach a compromise with the unions on this system, as long as it does not increase the ” carry “ small companies.

The objective of the CETU is to grant more or less prolonged rest periods in the career of workers, thanks to the days off earned over the years. The exact content of such a measure has not been decided at this stage, but can be summarized, briefly, as a generalization of time savings accounts that already exist, most often in large companies.


It is the CFDT that is most willing to support the CETU, because it is similar to one of its old demands regarding the creation of a “time bank”. This is also a campaign promise by Emmanuel Macron, which the executive has included in the negotiation menu “for a new pact for life at work.” – with other files (maintenance of older people at work, prevention of “professional wear and tear”, etc.). On January 30, during his general policy statement before the National Assembly, Prime Minister Gabriel Attal expressed his wish “advance” on this site, meaning that the commitment of the President of the Republic will be maintained.

But the project greatly dissatisfies Medef and the CPME, who see it as a “Gasworks” source of problems for bosses. This arouses apprehension in large companies that have savings accounts on time and, therefore, have provisioned money in their accounts: “They are afraid of having to transfer this cash to the operator who will manage the CETU”says Antoine Foucher, president of the consulting firm Quintet.

U2P, for its part, has a different approach. Considers, as explained by its president, Michel Picon, that a measure of this type could improve “attractive” Small businesses: They are currently unable to offer time savings accounts to their staff because “It’s too complex to manage”. In Mr. Picon’s eyes, CETU can be “a good solution”meet employee expectations, if the management of the system is entrusted to an external organization (for example, to the Caisse des Dépôts et Consignations).

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