The increase in the minimum wage to 760 euros takes effect from 1 January 2023. It is an increase of 55 euros compared to the value in force in 2022.
The national minimum wage will rise from 705 to 760 euros next year🇧🇷 This figure was announced today by Minister Ana Mendes Godinho, at the end of the Council of Ministers meeting.
According to the Government, this is the “biggest increase ever in the minimum wage”, with António Costa’s executive maintaining the objective of bringing this remuneration to 900 euros, in 2026.
The evolution of the minimum wage until 2026
On January 1, 2021, the minimum wage rose from 635 to 665 euros. In 2022, it reached 705 euros, getting closer to the threshold set by the Government for 2023 (which, at the time, was 750 euros).
In the agreement discussed at the Social Concert, the Government proposed to increase the Guaranteed Minimum Monthly Remuneration (RMMG) to 760 euros in 2023, which represents an increase of 7.8% in relation to the value of the RMMG in 2022. In 2024, this value rises to 810 euros (6.6%); to 855 euros (5.6%) in 2025 and finally to 900 euros (5.3%) in 2026.
For the civil service, the minimum remuneration of workers in the operational assistant career should increase from 705 to 761.58 euros, representing in this case an increase of 8%.
It is important, however, to emphasize that with the increase in the minimum wage, other values that use the RMMG as a reference also rise. This is the case, for example, of the existence minimum, the limits of compensation for collective dismissal or the wage component that can be seized.