President Lula signs Decree increasing the minimum wage to R$1,518.00

News Employment & labor Law & Policy Updates

Date: 30th Dec, 2024 Source: Ministry of Labor and Employment Country: Brazil Original Source

Brief

"On 30/12/2024, the Ministry of Labor and Employment issued an update regarding President Lula signs Decree increasing the minimum wage to R$1,518.00. This represents a 7.5% increase from the previous year's minimum wage of R$1,412.00, calculated based on a 4.84% inflation rate and a 2.5% gain in the country's Gross Domestic Product (GDP)."

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Ministry of Labor and Employment

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President Lula signs Decree increasing the minimum wage to R$1,518.00

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President Lula signs Decree increasing the minimum wage to R$1,518.00

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Ministry of Labor and Employment

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