Michelin Announces Global Living Wage and Lifelong Learning for Employees

Tire manufacturer Michelin announced three significant initiatives during its Media Day event in June 2024, aimed at its global workforce. These changes are designed to foster social and societal cohesion within the company and beyond.

Central to these changes, Michelin is guaranteeing a living wage and a universal social protection floor for all its employees worldwide. Additionally, the company is implementing an ambitious lifelong learning policy. These measures align with Michelin's strategy, which balances economic performance with environmental protection and employee development.

One of the announced projects involves the redevelopment of the Parc Cataroux area, described as a unique European initiative intended to serve as an innovation accelerator. The company emphasizes that the human aspect is fundamental to Michelin's strategic transformation and value creation.

Beyond the living wage, Michelin's "one care" program provides social protection, including benefits for parental leave, support for the families of deceased employees, and a health program for all staff and their families. The lifelong learning policy ensures continuous access to training throughout an employee's career.