Employment and Labor Law

Update of the Guaranteed Minimum Monthly Wage for 2024

Decree-Law no. 107/2023 of November 17th, updates the value of the guaranteed minimum monthly wage, to the amount of €820.00, with effect from January 1st, 2024.

The trajectory of updating the guaranteed minimum monthly wage, represents a commitment to the recovery of employment and the valorization of wages, anchored in tripartite dialogue and in a framework of stability and predictability, with the goal of reaching at least €900.00 in 2026.

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