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Wages: 56% of Portuguese workers are unhappy

24 MAI 2024
Themen
Portugal Despesas Salários
More Portuguese show dissatisfaction with the salary, with 30% revealing they have already tried to negotiate an increase. Of these, only 10% achieved results.
Wages: 56% of Portuguese workers are unhappy
Source: Freepik
Author: Redação

In a study published on Wednesday 22 May, human resources company Michael Page indicated that more Portuguese people are dissatisfied with the salary they receive compared to the previous year. Almost 50,000 people were interviewed around the world and 1,218 in Portugal, "including 372 companies and 876 professionals between the ages of 20 and 50"

According to the organisation, 56% of workers have this discontent, identifying it as one of the biggest motivations for being open to changing jobs. 

The study states: "In Portugal, the number of professionals dissatisfied with their current salary has risen to 56%, putting salary at the top of the reasons for looking for a new job", adding that this same dissatisfaction is causing more dynamism in the labour market.

A further 58% of workers in Portugal indicate that they prioritise the salary they are offered when applying for a position or deciding whether or not to accept a new job. In this sense, 30 per cent of professionals have already tried to negotiate a pay rise in the last year, with only 10 per cent of these achieving results. 

In the opposite direction, on the company side, 59 per cent of those surveyed indicated that giving their employees a salary above the one they already receive "is essential to being able to recruit new employees", while 61 per cent pointed out that competitive salaries are an essential part of retaining talent.

According to Michael Page, "for companies, the message is clear: salary is key to attracting and keeping employees. This was also evident among professionals", and adds that "the goal would be to strike the right balance between what employees are looking for and what the budget allows", emphasises the company's deputy director, Álvaro Fernández.

With regard to flexibility, "Portugal is actually the European country that values this factor the least"and he points out that when it comes to hybrid schemes (a mixture of teleworking and face-to-face work), Portugal is still below the European average, although in Europe this is a scheme that is gaining ground. 

"In Portugal, 13 per cent of those who spend more time in the office than 12 months ago and have a hybrid model do so because they believe it is more beneficial for their career development", says the human resources company. 

Themen
Portugal Despesas Salários
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