The gross monthly earnings per employee (per job) increased by 3.1% in the quarter ended in March 2021 (1st quarter), compared to the same period of 2020, to €1,227. The gross regular monthly earnings increased by 3.6% and the base earnings increased by 3.8%, which reached €1,106 and €1,041, respectively. In real terms, considering the Consumer Price Index, the relative changes of those gross monthly earnings were 2.7%, 3.2% and 3.4%, respectively. These data concern nearly 4.1 million of employees, corresponding to the Social Security’s beneficiaries and the subscribers of Caixa Geral de Aposentações.
Comparing the COVID-19 pandemic year with the year before, the base gross monthly earnings per employee increased 3.2% for economy’s total (2.7% in the year before), 2.3% among the enterprises that resort to layoff (2.5% in the year before) and 4.0% among the enterprises that never resort to layoff (3.8% in the year before). The number of employees decreased 1.9% (increased 3.5% in the year before) and the volume of earnings increased 1.3% (6.2% in the year before).