Update of the Monthly Minimum Wage in 2022 and Compensation to Employer

Update of the Monthly Minimum Wage in 2022 and Compensation to Employer

EA Brief Fiscal Tax

10 December, 2021

Decree-Law 109-B/2021 updates the monthly minimum wage to 705 euros, from January 1, 2022 onward, and creates an exceptional compensation resulting from the update of the monthy minimum wage which translates into a monetary allowance for employers (individuals and companies), for each employee they have under their responsibility.

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Update of the Monthly Minimum Wage in 2022 and Compensation to Employer