Salary increases in 2027 stall at 3%

A study by Marsh Portugal projects an average salary growth of 3.3% for 2027, with the median increase capped at 3%, reflecting a slowdown from the 4.1% average seen between 2025 and 2026. While the national minimum wage (SMN) is scheduled to rise from the current 920 euros to 970 euros in 2027 per existing agreements, unions are currently advocating for higher increases, while business confederations oppose further adjustments to the agreed-upon figures ahead of the upcoming 2027 State Budget discussions.

Why it matters

If you are a worker in Portugal, this projection suggests that while wages are still expected to rise, the pace of growth is slowing compared to the previous year; furthermore, the current debate between unions and employer confederations regarding the 2027 minimum wage could lead to changes in projected take-home pay for the lowest-earning brackets.

Diário de Notícias· 1mo agoRead original ↗

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