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 [...]
