Budget bill to adjust minimum wage for inflation

 
FREE EXCERPT

The 2021 budget bill was devised without any real increase in the minimum wage for the second year in a row as the salary floor lacks a specific policy since 2019 and the Constitution only ensures adjustment for inflation. In 2019, the minimum wage was adjusted for the last time for the inflation of the previous year, plus the GDP growth rate of two years before, a policy pushed forward by former President Dilma Rousseff and set by Law 13,152 of 2015. In Brazil, the minimum wage is the floor for social security and welfare benefits, for...

To continue reading

REQUEST YOUR TRIAL