Latest news and stories about salary increase in finance in Portugal for expats and residents.
Super Bock Bebidas has reached an agreement with labor unions to implement a phased reduction of the work week to 35 hours. The deal also includes a 2.3% salary increase for all employees, with a guaranteed minimum raise of 75 euros.
The government plans a 6.2% salary increase for 111,000 private sector administrative workers, exceeding the 4.6% social concertation benchmark and matching the latest minimum wage adjustment.
Autoeuropa workers have approved a new labour agreement that will remain in effect until June 2027. The agreement includes salary increases of 2.8% this month and an additional 2.5% next October, along with enhanced social benefits and attendance bonuses.
The Government officially confirmed this Wednesday the salary increases for approximately 111,000 administrative workers in the private sector who are not covered by specific collective bargaining agreements, fully confirming the proposal presented in May. The average salary update will be 6.2%, above the 4.6% benchmark provided for in the social concertation agreement, and will take effect...
The workers' unions of Águas de Portugal (AdP) have reached an agreement with the company for a €75 salary increase this year, they announced in a statement released this Friday. "Although it falls short of what is necessary to restore the purchasing power lost by workers in recent years, the update agreed today with the management represents ...
Paulo Raimundo argues that the sustainability of Social Security requires salary increases and a fight against precariousness, contrary to the government's measures in social concertation.
The Left Bloc deputy made a gesture simulating horns, which led CDS to file a complaint with the President of Parliament. Additionally, the government approves an increase in the national minimum wage to 920 euros.
Increase guaranteed for all employees effective from January 1st. The agreement comes a month after the new administration took office and follows a partial strike in April.
The Ageas Portugal Group has concluded a salary review for 2026 with the Sinapsa union, effective retroactively from January 1st. The agreement covers all companies in the group – Ageas Portugal Vida, Ageas Portugal Services ACE, Ocidental Vida, Médis, and Ageas Fundos de Pensões – and guarantees a minimum increase of 38 euros per month for...
The main objectives of the protest are to demand “decent salary increases” and “the setting of the minimum wage at the company at 1,050 euros, with immediate effect”.
UGT leaders will make a decision on the labour package on April 9th.
The largest increases are planned for grade I, II, and III workers in production and administrative roles.
The National Union of Civil Aviation Workers (SINTAC) has reached an agreement with the management of OGMA – Indústria Aeronáutica de Portugal to update the salary scale, providing for increases of at least 60 euros starting from July 1st. In a statement, SINTAC adds that the agreement to update the salary scale...
Salaries at Cimpor and Secil will increase by between 90 and 140 euros, and the working week will be reduced to 37.5 hours, according to a statement from the Federation of Construction, Ceramics and Glass. The Federation of Portuguese Construction, Ceramics and Glass Trade Unions (FEVICCOM/CGTP-IN) stated that the salary scale increase ranges from 90 to 140 euros, in addition to increases in seniority bonuses, meal allowances, shift premiums, and transport allowances. Working hours will decrease from 39 to 37.5 hours per week. The first Company Agreement for five companies within the Cimpor Group is in the final stages of negotiation, aiming to harmonise working conditions across the group. The annual review of these Company Agreements takes effect from 1 January. Cimpor is banking on the start of major public works projects to boost sales.
At the PSD Christmas dinner in Estufa Fria, the Prime Minister insists on the benchmark he set for salary increases in Portugal.
The bill will be presented to the Council of Ministers tomorrow. The minimum wage is set to be increased by 50 euros, reaching 920 euros.
Despite the approval of the gradual evolution of the minimum and average wage increase, the proposal from the PCP recommending an increase in the national minimum wage to 1,050 euros by 2026 was rejected.
Finance Minister Joaquim Miranda Sarmento has not committed to raising the minimum wage to 1,600 euros, as advocated by Prime Minister Luís Montenegro. “The target is what is in the electoral programme and the Government's programme,” he stated this Friday from Brussels, following the Ecofin meeting.
A PSD initiative was also debated regarding the evolution of the guaranteed minimum monthly wage and the enhancement of the average salary.
