Portugal: minimum wage to rise by 7.9% on 1 January 2024

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On 7 October, the Portuguese government signed a revised agreement to improve incomes and competitiveness with the trade union central União Geral de Trabalhadores (UGT) and three employers’ organisations: CCP (commerce and services), CAP (agriculture) and CTP (tourism). The agreement includes a national minimum wage hike for next year. From 2024, this figure will rise from €760 gross per month (over 14 months) to €820 gross, marking an increase of 7.9%. The agreement ultimately provides...

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