We hereby inform the business community and other interested parties that the national minimum wages, by sector of activity, for the year 2023, were approved by the Council of Ministers on 25 April 2023, with effect from April 1, 2023.
We present below, in a table format, the minimum wages which were in force throughout the year 2022 and those approved for 2023, by sector of activity.
Sector of Activity
Minimum Salary
2022
2023
Agriculture, Livestock, Hunting, and Forestry (Sector 1)[1]
5.200,00
5.800,00
Industrial and Semi-industrial Fishing (Sector 2)[2]
5.820, 75
6.220,75
Kapenta Fishing (Sector 2)
4.591,68
4.791,68
Mining Extraction Industry - Large Companies (Sector 3)[3]
10.353,58
12.020,20
Mining Extraction Industry - Quarrying and Sand Mining (Sector 3)
5.830,00
7.380,00
Mining Extraction Industry - Salt Pans (Sector 3)
5.759,00
6.034,00
Manufacturing Industry (Sector 4)[4]
7.945,00
8.747,50
Bakery Industry (Sector 4)
5.710,00
6.300,00
Cashew Industry (Sector 4)
5.310,00
5.853,21
Electricity, Gas, and Water Production and Distribution (Sector 5)[5]
9.325,00
10.475,00
Electricity, Gas, and Water Production and Distribution - Small Companies (Sector 5)
7.566,72
8.500,00
Construction (Sector 6)[6]
6.700,00
7.409,08
Non-Financial Activities and Services (Sector 7)[7]
7.774,50
8.574,00
Non-Financial Activities and Services - Private Security (Sector 7)
7.525,00
7.825,00
Non-Financial Activities and Services - Hotel Industry (Sector 7)
6.950,00
7.715,00
Non-Financial Activities and Services - Fuel Retailers (Sector 7)
N/A
8.464,50
Financial Activities and Services - Banks and Insurance Companies (Sector 8)[8]
14.340,85
16.061,32
Financial Activities and Services - Microfinance and Microinsurance (Sector 8)
12.741,29
14.241,29
We would like to remind you that employers may set minimum wages higher than those indicated in the above table. Wages for other professional categories not covered by the adjustment of the minimum wage mentioned here are subject to individual or collective negotiation between employers and employees or their respective trade unions.
[1] According to Ministerial Decree No. 57/2023 dated May 25, 2023
[2] According to Ministerial Decree No. 58/2023 dated May 25, 2023
[3] According to Ministerial Decree No. 59/2023 dated May 25, 2023
[4] According to Ministerial Decree No. 60/2023 dated May 25, 2023
[5] According to Ministerial Decree No. 61/2023 dated May 25, 2023
[6] According to Ministerial Decree No. 62/2023 dated May 25, 2023
[7] According to Ministerial Decree No. 63/2023 dated May 25, 2023
[8] According to Ministerial Decree No. 64/2023 dated May 25, 2023
--
Read the original publication at Sal & Caldeira Advogados
