UGT proposes minimum wage increase to one thousand euros by 2027

The General Union of Workers (UGT) has proposed that the national minimum wage reach one thousand euros by 2027. This recommendation was discussed during a social concertation meeting, where the union stated that the proposal is "balanced" and aims to "mitigate" the effects of inflation on workers.

UGT advocates for an average wage increase of 5.5%, which is also part of its strategy to ease the difficulties faced by workers due to the rising cost of living. This proposal represents a significant revision of the previously established agreement in social concertation between the unions and employer confederations.

On the other hand, employer confederations expressed reluctance regarding UGT's proposal, arguing that the minimum wage should remain at the currently agreed 970 euros. The diverging positions between unions and employers indicate a clear divide in this discussion about minimum remuneration in the country.

Furthermore, the government, through the Minister of Labor, has expressed openness to revising the tripartite agreement on the minimum wage. However, it emphasized that this revision should be made in conjunction with social partners, thus maintaining a dialogue space.

In a broader context, the General Confederation of Portuguese Workers (CGTP) will also present proposals, focusing on a more substantial increase, which would be described as a "wage shock." This scenario further complicates discussions regarding the future of workers' earnings.

As negotiations continue, the issue of raising the minimum wage in Portugal remains a topic of intense conversation among unions, employers, and the government, reflecting the different priorities and concerns of the parties involved.