2Contracts

2.5 Wages and salaries

The official minimum wage is established by the Government each year and in 2022 amounts to €33.33 per day or €1,000 per month, depending on if the salary is fixed on a daily or monthly basis.

However, the minimum wages for each professional group are usually regulated in collective labor agreements.

Salaries cannot be paid at intervals of more than one month.

At least two extra payroll payments must be paid each year: one at Christmas and the other on the date stipulated in the relevant collective labor agreement (generally before the summer vacation period). Thus, an employee’s gross annual salary is usually spread over 14 payroll payments; however, the prorating of the extra payroll payments within the 12 ordinary monthly installments can be agreed on in a collective labor agreement.