The Azores minimum wage will increase to 530.25 euros, following the national agreement reached today in the context of social dialogue, the Government has revealed.
Vice President of the Government, said in a statement sent to the press, reveals that this will be the new minimum wage in the archipelago, where there is a 5% increase in the national value.
Increased to 530 25 euros translates therefore a “larger increase than the national context,” noted Sergio Ávila. In absolute terms, the national minimum wage increases 20 euros, while the rise in the Azores is 25 euros.
The Regional Secretary welcomed the increase in the national minimum wage, noting that the regional executive always advocated “the need” of your update.
“Represent undoubtedly increased income” as well as “a contribution to stimulate consumption and the Azorean economy and improve the living conditions of Azorean “believes Sergio Ávila.
Also the direction of the PSD / Azores welcomed in a statement, with the agreement reached with the social partners and that will lead to an increase in the national minimum wage to 505 euros.
“It is even more relevant to the Azores, this means that the regional minimum wage may be increased to 530.25 euros,” add the social democrats of the Azores.
“At a time when the region is facing a deep recession and the inability of the regional government to overcome it, the agreement reached today in the Republic can increase yields Azorean families and help mitigate the consequences of severe social crisis that Azores face, “they add.
according to the increase in the national minimum wage (NMW) was closed this afternoon between employers’ associations, the government and the UGT.
The new value SMN will come into force on 01 October.
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