Porto is the second largest economic center for Portugal Companies like Altri, Ambar, Amorim, Bial, Cerealis, BPI, CIN, EFACEC, Frulact, Lactogal, Millennium bcp, Porto Editora, Grupo RAR, Sonae, Sonae Indústria, and Unicer, are headquartered in the region As per employment law, maximum working hours per day is 8 hours. 25% as overtime payment. 9 Public Holidays and 22 Paid vacations for employees

1. Talent Neuron City Spotlight – Porto
(Executive Summary)
July 2013
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3. 1 Porto– Snapshot
2 Porto– Installed Talent Pool
3
Porto– Fresh Talent Pool
(Available in Full Report)
4
Porto– University
(Available in Full Report)
Topics Covered in the report
5
Porto– Ecosystem
(Available in Full Report)
3

4. Zinnov 4Source : Zinnov research and Analysis, Statistic Institute Turkey, Investment agencies, News articles; Economist Intelligence Unit 2013
Porto - Snapshot
Porto is a major urban city of Portugal
Istanbul Overview
City Population 1,817,172
Unemployment Rate (IT) 14.9%
Attrition Rate 25.0%
Working Days in a year 230 days (2300 hours
per annum)
Political Risk Rating Score 35
EU Membership Status Full membership (EU
+ Schengen)
• Porto is the second largest economic center for
Portugal
• Companies like Altri, Ambar, Amorim, Bial, Cerealis,
BPI, CIN, EFACEC, Frulact, Lactogal, Millennium bcp,
Porto Editora, Grupo RAR, Sonae, Sonae Indústria, and
Unicer, are headquartered in the region
• As per employment law, maximum working hours per
day is 8 hours. 25% as overtime payment.
• 9 Public Holidays and 22 Paid vacations for employees

5. Zinnov 5
70% 74%
17% 18%
13% 9%
Fresher Experienced
Food Social Contribution Gross Salary
Source : Talent Neuron, Country Statistics site, Industry Associations, University Websites, Industry Reports, Interview with Stakeholders and Job Portals
Porto
Porto has an installed talent based of 2,800 professionals
Installed Talent Pool – Porto Total Compensation Break up per month
Talent
English/ German
Language
• A number of the 2nd Cycle (Master) subjects
are taught in English.
• International students are able to have
orientation in English
• Faculty of Engineering at University of Porto
offers Master in Information Engineering
(MEINF) and it is taught completely in English.
Annual Salary
Increase
• Annual salary increase is 1%
Social Security Contribution
Social Security Contribution 23.7%
Euro - 1,077 Euro - 1,628
Note: Fresher corresponds to experience of 0 years; Experienced corresponds to an experience of 3 years
Note: Includes food cost of Euro 6.5 per day per employee which multiplied by 22 working days gives a total of Euro 143 per month per employee
2,800
400 300
1,550
150
400
Total
Installed
Talent
Sofware Hardware IT Services BPO Technical
Support

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