The calculation foundation for the Guarantee Fund for Time of Service (FGTS) represents the salary amount upon which the mandatory deposit is based. This deposit, made by the employer, equals 8% of the employee’s gross compensation, encompassing wages, bonuses, commissions, overtime, and other remunerations. For instance, if an employee earns a gross salary of R$2,000.00, the corresponding deposit would be R$160.00.
This foundation is critical for ensuring employee financial security in situations like dismissal without just cause, purchasing a home, or facing specific health conditions. Historically, the establishment of this calculation method aimed to provide a safety net for workers, promoting financial stability and mitigating economic hardships during periods of unemployment or significant life events. The proper determination of this amount directly impacts the accumulated balance and, consequently, the worker’s ability to access these funds when eligible.
