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The mechanism is only applicable to genuine executives and temporary work agencies will only be allowed to enter into contracts with executives if they set up a subsidiary Portage Salarial company. More negotiations are likely and legislation is needed to bring the agreement into operation.

Three of the five representative trade unions at a national level in France signed an agreement on ‘Portage Salarial’ (sometimes translated as ‘umbrella companies’). Interestingly, the employer representatives throughout the long period of negotiation leading up to the agreement were not actually Portage Salarial companies but the French Federation of Temporary Work Agencies (PRISME).

To read more, go to:

http://www.eurofound.europa.eu/eiro/2010/07/articles/fr1007061i.htm