This report explores the economy, demography, and labor law in France, focusing on the company Repetto and its ballet shoes. It discusses the history of Repetto, the labor laws in France, and the company's fair labor policies. The report also highlights the economic and demographic factors of France.
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0Running head: Report on Product Owned and Its Story Behind Report on Product Owned and Its Story Behind Name of the Student Name of the University Author Note
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1 Report on Product Owned and Its Story Behind Executive Summary The report aims at understanding the economy, demography and labor law followed by France as the country and Repetto as the company. The company Repetto is a world class company known for its excellent and comfortable ballet shoes. It was started by Rose Repetto in a small shop in 1947. In 2013 the company recorded $60 million revenue and 340 employees working under it. The company is started its operation in Paris. The company is in France and here the economy, income and living standard is also to be analyses. The labor law and child labor followed in the county it is to be studied.
2 Report on Product Owned and Its Story Behind Table of Contents Executive Summary...................................................................................................................1 Introduction................................................................................................................................2 Analysis:.................................................................................................................................3 Labour Law and regulation....................................................................................................3 Company’s Labour.................................................................................................................4 Conclusion..................................................................................................................................4 References:.................................................................................................................................6
3 Report on Product Owned and Its Story Behind Introduction The product is based on the Shoe Company of Repetto based in France. It is a well- known company in Paris it distributes its product in developed countries. It is known for it’s durable, comfortable and stylish shoes. It was started in 1947 by Rose Repetto when she made first shoe for her son Roland Petit. In 1956 she made a very famous Cendrillion Ballerina on request of Brigitte Bardot. Since then its brand was well received by the audience. It is in the country France and it works successfully without any conflict with the laws of labor and employees. Analysis: France has total area of 640,679 km^2 with a population of65,167,000. The last recorded GDP of France is $3.081 trillion and per capita income to be $47,113 for year 2019. The HDI of France is very high to be 0.901. This means that the demography of the country is highly developed and well educated and at a good income dispersion. The capital city of France is Paris. The product taken in report to study evolved in Paris. France is also one of the largest country in Europe. France is one of the most attractive tourist place and it is famous for its cuisine and wine. The population of France is combination of French, English and other languages. Many people from different country comes to France to find job and it has around 20% of foreign work force. The shoes produced by Repetto is also made by approx. 340 employee and workers. The work done is primarily in Paris and finished good distributed all around the world. France is the 6thlargest economy in the world. Thus the work force of France is well paid off. France has the highest minimum wage in Europe.The minimum wage for national and foreign workers is per hour of €9.76or the equivalent of €1,498.47 per month. The increase in one year was only 12 cent which is very low. People younger than 17 are paid
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4 Report on Product Owned and Its Story Behind 80% of the minimum wage. If the labour is not experienced than they are paid 90% of the minimum wage. It is seen that France is the only EU country that pays minimum wage more than 1000 euro(Repettodata, 2019). Labour Law and regulation There is French labour code of conduct which provides a whole rule on the relation between the employee and the employer. The labour union and the employer has a bargain power in this rule book. Incase there is a conflict than the employee or Labour is favoured moreincasecollectivebargainingagreement.Whereasthecompany-widecollective bargaining agreements empowers the employer. Around 95% employees are under the collective bargaining agreements, rules in the Labour Code in France and are supported by rules in areas such as medical cover, paid leave, maternity leave and even working time. Health and safety is also a prime factor in any company or factory and that is taken in to the consideration in France. France also gives a legal length of the working week to be 35 Hrs in all companies(Franceintro, 2019). The working hours can never exceed 10 hours in any case in day. If the working hours are extended than everything mentioned in the rule book has to be considered by the employer along with the incentives as per the company rules. According to the ILO some 215 million children’s aged between 5-17 are in child labour. More than 60 % of the young populationespecially children work in agricultural sector in Asia, Latin America and Africa. France is not into child labour and do not support child labour. The country bans child labour especially in slavery. France has integrated regulatory provisions to fight Child labour and have formed activities to combat it by the help of IMF and World Bank(Childlabour, 2019).
5 Report on Product Owned and Its Story Behind Company’s Labour Repetto follows a fair labour policies and has never been into any legal battle between the union and the company. The company gives an equal opportunity to men and women in its industry. The smile on each face who owns a Repetto is all because of the hard work done by the labour and employees of the company. The company makes sure that the labour force works with self-esteem with positive attitude. Conclusion The new information about the country and the company has put a positive impact on me. I feel that the shoe that I use is worth my pride. The company follows all rules and regulations which gives me the confidence to use its product more and more. I am really obliged to do this assignment as I am able to understand the importance of Labor law and its good impact of the working force. I am also able to understand the demography and economy of France. The company Repetto is a nice working place as it follows all the rules and regulations of labour law. The product that the company produces is world class and the company is well known and admired thus I am proud to own a product of Repetto.
6 Report on Product Owned and Its Story Behind References: 1.Childlabour (2019).France sets out policy on combating child labour. [online] France intheUnitedKingdom-LaFranceauRoyaume-Uni.Availableat: https://uk.ambafrance.org/France-sets-out-policy-on [Accessed 14 Feb. 2019]. 2.Franceintro (2019).Introduction to the Country of France - Study in France. [online] Study in France. Available at: http://www.studying-in-france.org/introduction-to-the- country-of-france/ [Accessed 14 Feb. 2019]. 3.Repettodata (2019).Ten things to know about labour and employment law in France. [online]Nortonrosefulbright.com.Availableat: http://www.nortonrosefulbright.com/knowledge/publications/147348/ten-things-to- know-about-labour-and-employment-law-in-france [Accessed 14 Feb. 2019].