Brazil

Last Update by Cecilia, 20 Dec 2024

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Exchange Rate

22 Jan 2025

 

Cost of Living

Indicative value for a working adult in a city: Sao Paulo

Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff

Living Requirement Indicative Amount (BRL)
McDonalds Set Meal 40
Monthly Train and Bus Tickets 250
3 Bedrooms Rental (City Center) 5,476
3 Bedrooms Rental (Outskirt) 4,051

Current Inflation Rate

3.69%

Wage

Minimum Wages

  • 1,550 BRL per month - São Paulo State
    1,412 BRL per month - Brazil National

Median Salary

Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.

Job Level Monthly Salary (BRL)
Entry-Level
Fresh Graduate
 1,764
Mid-Level
5 Years
 2,014
Experienced & Managerial Level
10 Years
 6,083
Specialized & Senior-Level
15 Years
 9,293

Annual Salary Growth

6.97%

Statutory Contribution

Social insurance premiums are paid by employers to the Social Insurance Bureau before the 20th of the following month.

Country Level

Type Employer Rates Employee Rates Notes
Social Insurance (INSS) 27.8% 0-1,320：7.5%

1,320-2571.29：9%

2,571.3 –3,856.94：12%

3,856.95 - 7,507.49：14%

Above 7,507.50：877.22 		All staff
Endowment and Unemployment Insurance (FGTS) 8% - All staff
Transportation Voucher Total value of staff costs for public transportation 6% of Salary All staff who use public transportation to
commute to work
13th Salary 1 month salary - All staff
Annual Leave Bonus 1/3 of the monthly salary per year - All staff with 1 years service

Other Benefit

Other common employment benefits in Brazil include:

  • Food Vouchers:
    - In Sao Paulo: Around 35 BRL per meal
  • Commercial Insurance:
    - Based on staff's age
    - Staff around 30 years' old: Around 200-300 BRL per month

Income Tax

Residents

  • Tax Year: 1st January - 31st December
    Filling Due Date: 15th March - 31st May

Country Level

Taxable Income Rate
0- 2,112.00 0.00%
2,112.01 - 2,826.65 7.50% （Quick Calculation Deduction 158.40）
2,826.66 - 3,751.05 15.00% （Quick Calculation Deduction 370.40）
3,751.06 - 4,664.68 22.50% （Quick Calculation Deduction 651.73）
Over 4,664.68 27.50% （Quick Calculation Deduction 884.96）

Non-residents

  • Taxed the same as residents

Working Hours

Statutory

Up to 44 hours/ Week

8.8 hours *5 days or 8 hours * 5 days + 4 hours on Saturdays

Typical practice

40 hours
Monday- Friday

Overtime

Working hours shall not exceed 10 hours per day.
No overtime payment to employees who do not need to record attendance.

  • Regular Overtime: 1.5 times of normal salary or depends on Labor union request.
  • During holidays or Sundays: 2 times of normal salary
  • Night shift rate for staff working (22:00- 05:00): 20% extra pay for each hour until overtime ends.

Employment Contract

Permanent

Contract Format

Verbal or written, in Portuguese

Payroll Currency

BRL

Probation

Up to 90 days

Contract Period

No minimum duration

Termination

Any party who proposes to terminate the contract shall notify the other party in writing.

  Voluntary Resignation Involuntary Termination Economic Layoff
Notice Period - Probation - 30 days notice period

- In case without 30 days notice, company has the right to deduct one month's salary as a fine.
 - Dismissal with cause: no notice period

- Dismissal without cause: 30 days, in case without 30 days notice, company should pay additional one month's salary as a fine.
 - 30 days period; in case without 30 days notice, company should pay additional one month's salary as a fine.
Notice Period - Regular - 30 days notice

- In case without 30 days notice, company has the right to deduct one month's salary as a fine.
 - Dismissal with cause: no notice period

- Dismissal without cause: 30 days, in case without 30 days notice, company should pay additional one month's salary as a fine.
 - 30 days period; in case without 30 days notice, company should pay additional one month's salary as a fine.
Severance Pay - salary balance;

- 3 days extra salary for each year service provided, up to 90 days maximum

- proportional vacation payment;

- proportional 13th salary;
 - One month salary as advance notice;

- 3 days extra salary for each year service provided, up to 90 days maximum

- salary balance;

- proportional vacation payment;

- proportional 13th salary;

- FGTS fine;
 - One month salary as advance notice;

- 3 days extra salary for each year service provided, up to 90 days maximum

- salary balance;

- proportional vacation payment;

- proportional 13th salary;

- FGTS fine;

- Other compensate agreed with labor union.

Public Holiday

Country Level

Date Name
01 Jan New Year's Day
18 Apr Good Friday
21 Apr Tiradentes
01 May Labor Day
07 Sep Independence Day
12 Oct Our Lady of Aparecida
02 Nov All Souls' Day
15 Nov Republic Proclamation Day
20 Nov Black Consciousness
25 Dec Christmas Day

State/Province Level

BR-BH

Date Name
07 Jan Saint Thomas à Becket
24 Jun St. John's day
02 Jul Bahia Independence Day

Leave

Leave Type Entitlement Notes
Annual Leave 30 Calendar days All staff with 12 months' service
Sick Leave 15 Calendar days All staff with 12 months' service
Pregnancy and Maternity Leave 120 Calendar days
Extended for a further 6 months for some unions 		All expectant mothers
Paternity Leave 5 Calendar days All expectant fathers
Breastfeeding Leave 1 hour during the working day (two 30 minute breaks) Mothers breastfeeding children under 6 months old
Marriage Leave 3 Consecutive working days All staff
Bereavement Leave 2 working days

3 working days
 All staff if father or mother-in-law passes away

All staff if spouse/descendant/brother/sister/ person registered in his/her CTPS
Voluntary Blood Donation Leave 1 working day per year All staff
Election Holiday Leave 2 consecutive or non-consecutive days All staff
Cancer Screening Day 3 Working days per year All staff

Reference

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