The Portuguese government approved today the increase of the Portuguese minimum wage to 705 euros and this from January 1, 2022. As well as the support to companies for these increases, said the executive after the Council of Ministers.

Portuguese minimum wage (SMN) increases to 705 euros in January

Government approves increase in SMIC (SMN) to 705 euros from January 2022. This information was communicated during the press conference following the Council of Ministers. The Minister of Labor, Solidarity and Social Security, Ana Mendes Godinho, reported the approval of the increase of the National Minimum Wage (SMN) for 2022 to 705 euros. 

In the same way that was done in 2021 and given the framework and circumstances in which we live now, the Portuguese government has also approved today an exceptional support to employers who have employees paid the minimum wage. To indicate the minister.

Thus, a one-time payment of 112 euros per employee will be paid to employers and another 56 euros is provided for employees who are between 665 euros, this year's national minimum wage and 705 euros.

This year, a different, "exceptional" mechanism has also been introduced, the minister explained, in order to "value those employers" who in 2021, through collective bargaining, have increased the minimum wage above the value legally established for 2021.