The new leader of the PS socialist party, Pedro Nuno Santos has pledged to raise the national minimum salary to €1,000 per month by 2028 if his party wins the general election on March 10. [...]
Portugal’s largest increase in the national minimum wage, rising from €760 to €820 per month will cost companies an extra €1,000 per employee per annum. It will also mean an additional €60 on [...]
In what Portugal’s Prime Minister António Costa called the highest increase in Portugal’s budgetary history, the government will raise the minimum wage to €820 from January. The move adds an [...]
Portugal’s Business Confederation (CIP) is prepared to negotiate a Social Pact with unions that could include an increase in salaries of 4.8% for employees. The president of CIP, Armindo Monteiro [...]
The president of the Confederation of Portuguese Business (CIP) has slammed the government’s call to increase salaries-to-GDP from 45% to 48% over the next four years. The magic number of 48% is [...]
The president of the Portuguese Industrial Confederation (CIP), António Saraiva, says that an agreement on competitiveness and incomes is urgent and should be agreed by June. “In my view it is [...]
Portugal’s national minimum wage (NMW) rose this month to €705 gross. Introduced after the April 1974 Revolution, the NMW is set by the Government after consultation with business associations [...]
Portugal had the 7th highest minimum wage increase in Europe in 2020 according to a report from Eurofound. The report from the European Foundation for the Improvement of Living and Working [...]