In the 3^rd quarter of 2025
Labour Cost Index in the Autonomous Region of Madeira increased by 3.6% compared with the same quarter of the previous year

In the 3^rd quarter of 2025, the Labour Cost Index (LCI) in the Autonomous Region of Madeira (ARM) recorded an increase of 3.6% compared with the 3^rd quarter of 2024. This increase resulted from the combined effect of changes in its two main components:

• Wage costs (per hour actually worked), which also increased by 3.6% compared with the same quarter of the previous year.

Wage costs include base salary, regular bonuses and allowances, irregular bonuses and allowances (holiday bonus; Christmas bonus; year-end bonuses/profit-sharing; other irregular bonuses and allowances), overtime pay and payment in kind.

• Other costs (non-wage costs, also per hour actually worked), which recorded a year-on-year increase of 3.8%.

Other costs include severance payments, legal charges borne by the employer (employer's contribution to Social Security, work accident and occupational disease insurance), conventional, contractual, and optional charges (supplementary retirement/disability benefits, health insurance, life/personal accident insurance, social benefits paid directly to the worker in case of illness absence).

The year-on-year evolution of the Labour Cost Index in the ARM resulted from the combined effect of an increase in average costs per worker and a decrease in the number of hours actually worked per worker.

At the national level, the value of this index recorded a higher year-on-year increase of 4.7%, a figure identical to that observed in both of its components — wage costs and other costs.

For more information, please click on:

• Time Series

Back

• Next