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Minimum Wage Approved

On the 16th of January the Legislative Assembly of Madeira approved the new minimum salary of €615, effective from the 1st of January 2019.  The additional €23 per month represents a 3.9% increase over the 2018 figure of €592.

Although approved, various parties, including the Portuguese Communist Party (PCP) voted against the move stating that the increase was inadequate compared to the average cost of living in Madeira.

Defending their approval Joaquim Maruju of the PSD defended the regional governments decision by saying that a higher increase of the minimum salary could ‘de-stabilise companies.’.

 

SG

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