Employers Reject Minimum Wage Increase 'by Decree' and Demand Tax Cuts

Employers' Stance on Minimum Wage Increase

Employer confederations in Portugal have expressed their opposition to a proposed increase in the minimum wage (SMN), advocating that any rise should be coupled with fiscal measures to support businesses. The current minimum wage stands at €855, and unions are pushing for increases beyond this amount in the coming year.

The Call for Fiscal Measures

The employers argue that without tax reductions, an increase in the minimum wage could pose significant challenges for companies, particularly small and medium enterprises (SMEs). They emphasize the need for a balanced approach that considers the economic impact on businesses while ensuring fair wages for workers.

Union Demands

In contrast, unions are advocating for a substantial increase in the minimum wage to ensure workers can cope with the rising cost of living. They argue that merely maintaining the current wage level is not sufficient for employees to meet their basic needs.

Conclusion

The debate continues as both sides prepare to negotiate, highlighting the ongoing struggle between ensuring fair compensation for workers and maintaining economic viability for businesses in Portugal.