📋 Tender Overview
The minimum wage in 2022 will be R 1212.00. The Provisional Measure establishing the new value was signed by President Jair Bolsonaro and published in this Fridays edition 3112 of the Official Gazette. For remuneration linked to the minimum wage the daily and hourly reference values will be of R40.40 and R5.51 respectively.During a live on social network this Thursday night 3011 President Jair Bolsonaro had informed the value. As of January 1st now the new minimum wage will be R1212 said President Jair Bolsonaro.To calculate the value for 2022 the inflation measured by the National Consumer Price Index INPC was used forecast for the entire year of 2021 which totaled 10.02. In this percentage the INPC values for the months of January to November and the Government projections for the month of December were considered. In 2021 the minimum wage received by workers is R1100.00.According to the Ministry of Economy the new value meets what is established in the Federal Constitution which determines the preservation of the purchasing power of the minimum wage.The Federal Constitution of 1988 in the chapter on Social Rights defines that the minimum wage must cover the needs of the worker and his family with expenses such as housing food education health be unified throughout the national territory and periodically readjusted to ensure their purchasing power.Impact on public spendingGovernment estimates indicate that for each increase of R1.00 in the minimum wage expenses with Social Security Benefits Allowances and Unemployment Insurance and Continuous Cash Benefits rise by approximately R364.8 million in 2022 of the Organic Law on Social Assistance and Monthly Income for Life.
