Labour Compensation Fund (FCT) and Labour Compensation Warranty Fund (FGCT)
What is it: FCT and FGCT are compulsory funds aimed at assuring the rights of workers to effectively receiving half the amount of the compensation due for the termination of the employment contract.
- Registering the worker in FCT and FGCT
- Payment of a 1% contribution over the base remuneration of the worker on a monthly basis (0.975% for the FCT and 0.075% for the FGCT)
The labour relations between workers and employers are firstly mediated by the Labour Code and the Constitution of the Portuguese Republic, which grant justifications for legal absences and other rights.