Home » Industrial relations » National industrial relations » Portugal: the minimum wage that has been frozen since 2011 now rises by 20 euros to 505 euros Portugal: the minimum wage that has been frozen since 2011 now rises by 20 euros to 505 euros After intense negotiations, the social partners agreed a rise in the national minimum wage (SMN). As of October 1, 2014 it will go up from 485 euros to 505 euros per month. To ease the financial burden on Portugal’s businesses, the government has lowered their social security contributions on workers receiving the minimum wage (TSU) by 0.75%. On this basis, the CCP union (Confederation of Trade and Services) accepted this rise in the minimum wage, which had been frozen since 2011. The CGTP union refused to sign the agreement, sticking to its demands for a rise to 515 euros per month. Through . Published on 25 September 2014 à 13h00 - Update on 25 September 2014 à 13h00 Resources A rise in the national minimum wage. As of October 1, 2014, the minimum wage will rise by 20 euros per month. The minimum wage had been frozen since 2011 because of conditions in the international bailout (the troika) required increases in the minimum wage be dependent on the economy coming out of recession.… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialité.NameThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels