Higher employer contribution to continuing vocational training

The Act of 4 May 2004 rewrites Article L. 951-1 of the Labour Code: from 1 January 2004, employers with at least ten employees must devote at least 1.60% of the year's pay to continuing vocational training (2% for temporary work agencies), including at least 0.20% for individual training leave and 0.50% for professionalisation and the individual right to training. For employers with fewer than ten employees, Article L. 952-1 replaces the 0.15% rate with 0.40% from 1 January 2004, raised to 0.55% from 1 January 2005.