The increase in the national minimum wage (NMW) for 505 euros in 2012 would have had a 0.36% impact on the national payroll, while the increase of € 20 would have received 23.2% of the Portuguese workers, according to a socio-economic analysis.
“If the NMW was increased to 505 euros when Pedro Passos Coelho defended no conditions to raise the national minimum wage [2012], this increase of 20 euros would have received 23.2% of workers national, you would have felt an average yield increase of about 3% and would cost companies an increase of only 0.36% of the national wage bill, “indicates the 12th Barometer of Crises entitled” Minimum wage: the decency
According to the analysis by the Centre for Social Studies (CES) at the University of Coimbra, the explanation for this is due to the disparity between the percentage of workers covered and the wages they receive.
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