What is interressement?

Interessement is a French term that refers to a profit-sharing system that allows employees to receive a portion of their company's profits. It is a type of incentive program that aims to motivate employees to work harder and be more productive, which ultimately benefits the company as a whole.

In France, interressement became popular in the 1960s and has since become a common practice in many companies throughout the country. This system allows employees to share in the success of their company, making them feel more invested in its success.

Interessement can be implemented in a variety of ways, such as through direct cash payments, contribution to a savings plan, or stock options. The amount that employees receive is typically based on a percentage of the company's profits.

Interessement is a win-win situation for both employees and employers, as employees receive a financial boost, and employers benefit from increased motivation and productivity. Additionally, interressement can help to foster a sense of teamwork and collaboration among employees, leading to a more positive work environment.