Minimum Wage Is Already Worth 91% of the Median Wage.

Sapo

Lean Right

Factuality

Ownership

Minimum wage already worth 91% of the median wage. More significant increases in lower wages have contributed to a reduction in pay inequality, but BdP alerts to compression.

SIC Notícias

Factuality

Ownership

Just over 100 euros separate the minimum wage from the median wage in Portugal. A difference that has been shortening, every year, with the lowest wages rising more than the others. Banco de Portugal warns of this wage compression, which can have an impact on productivity.

Jornal de Negócios

sabado.pt

View article

Reposted by

sabado.pt

Factuality

Ownership

With only 115 euros to separate the minimum wage from the median wage, Banco de Portugal alerts to potential disincentives for workers, with impacts on the economy. Significant rise of the minimum wage also reduced inequalities.

Publico

Factuality

Ownership

National minimum wage represents 91% of the value of the average wage in the private sector. Banco de Portugal warns of the risks that such a situation may pose to productivity.