Brazil Minimum Wage May Top R$800 by 2015

By Ben Tavener, Contributing Reporter

RIO DE JANEIRO, BRAZIL – The national minimum wage in Brazil will top R$800 per month by 2015, according to predictions by a federal budget proposal unveiled recently. Presenting the proposal to Congress, the Joint Budget Committee said that the minimum wage in Brazil in 2015 would reach R$817.97, an increase of fifty percent.

The current minimum wage is R$545, paid thirteen times a year, and is already slated to rise fourteen percent in 2012. Earlier this year a mechanism based on GDP performance and Subscribe to our Premium Membership Plan. Already Subscribed?