|Tuesday||Jan-01||New Year's Day|
|Tuesday||Mar-19||Father's Day||Celebrated on Saint Joseph's Day. Not a public holiday|
|Friday||Apr-19||Good Friday||Friday before Easter Sunday|
|Thursday||Apr-25||Freedom Day||Liberation Day|
|Wednesday||May-01||Labour Day||May Day|
|Sunday||May-05||Mother's Day||1st Sunday in May. Not a public holiday|
|Thursday||Jun-13||Feast of St Anthony||Lisbon only|
|Thursday||Jun-20||Corpus Christi||second Thursday after Whitsun.|
|Monday||Jun-24||Feast of St John the Baptist||Porto Only|
|Thursday||Aug-15||Assumption Day||Assumption of Mary|
|Friday||Nov-01||All Saints' Day|
|Sunday||Dec-01||Restoration of Independence|
|Sunday||Dec-08||Immaculate Conception Day|
Holidays falling on a Saturday or Sunday are not observed on the following Monday.
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The minimum monthly wage is 676.7 EUR (or 580 EUR based on 14 payments).
Full time employment is considered 40 hours weekly and 8 daily. By collective bargaining agreement this amount can be increased to up to 4 hours daily as long as weekly hours do not exceed 60.
Overtime is paid at 125% for the first additional hour. All additional hours follow are paid at 137.5% regualr wages.
Work during weekly rest days and holidays are paid at 150% regular wages.
Both employees and employers are charged flat rate for social security taxes and pension. There is no salary ceiling.
Employers contribute 23.75 of workers payoll, and employees contribute 11% of their wages. Both make contributions financing old-age benefits, diasbilitiy benefits, survivor benefits, employers additionally contribute to funds for sickness, maternity, occupational disease and unemployment.
Employer mandatory contribution for all employment contracts signed after 01.01.2013 and aims to ensure the payment of the debts of the employers to their workers, when they cannot pay them, because the employer is in a situation of insolvency or in a difficult economic situation. The fund is owned by the Portuguese government through Social Security. In practical terms it is an extra contribution to Social Security. It’s 1% on top of the base gross salary (13th and 14 month salary are not subject to the WGF contribution, neither bonus or allowances).
Holiday pay: Equal to one months salary paid before holiday leave period.
Christmas bonus: equal to one months salary paid by December 15th.
Regulations vary depending on reasoning for termination, however, notice must be provided in writing. In fixed term contracts, if chosing not to extend one party must inform the other of intention to terminate 15 days before expiration.
Employees must provide 1 week notice in the first 6 months. Following, until 2 years, 30 days notice is required. From the 2 years 60 days notice is required.
Employees are entitled to severance payment equal to the amount of 18 days of regular wages per year employed by the company (salary ceiling is 11,600 EUR). The global compensation amount cannot exceed 12 monthly salaries or 139,200 EUR.
Employees are entitled to 22 working days per calendar year.
Employees are entitled to 10 paid sick days annually. Sick pay is financed by Social Security and varies between 55% and 75% of salary depending on the length of illness.
Maternity leave of 30 before birth, 90 days after.
New fathers are entitled to 20 days leave; 5 to be taken immidiately after their childs birth, 5 more to be taken with the first month and the following 10 are not mandetory and may be taken after the mandetory period.
Both parents have the right to receigve 120 or 150 consecutive days which can be shared amonth both parents after the first 42 compulsory days taken by the mother.
Salaries are paid monthly for work between the first and last day of the month, paydays are usually between the 10th and 20th of the following month.
There are 3 standard/general VAT rates in Portugal – 23% in Continental Portugal, in Azores it is 18% and in Madeira it is 22%
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