Portugal has a real problem with salaries. 😥
Minimum net salary: €887/month.
Median net salary: €1.100/month.
Yes, taxes are high for individuals and companies.
But it starts with how Portuguese think about money.
1) Most companies are run by old-fashioned folks who don’t understand the importance of paying people well.
2) Employees don’t have the necessary education and confidence to properly ask for a raise frequently.
-> If you work for someone else, the easiest way to get a higher salary is to ask for a higher salary. 🤑
Which is exactly what Rita wrote about in this week’s issue of o amador financeiro.
The goal is for people to understand the importance of asking for a raise AND learn how to do it.
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PS: I write in English to an international audience.
o amador financeiro is entirely in Portuguese. 🇵🇹
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