#minimum wage

The north’s net minimum wage was reduced by 120TL (€3.43) per month on Friday following an appeal by business owners. The net figure had initially been set at 29,640TL (€848), but ...

Business owners on Thursday filed an objection to the north’s new minimum wage, which is set to be raised to a gross figure 34,070TL (€975) at the end of the ...

The north’s minimum wage was raised to a gross figure of 34,070TL (€975) per month late on Monday night, bringing the figure up to just €25 lower than that of the ...

No minister follows the government mantra of pleasing the maximum number of people as loyally as Labour Minister Yiannis Panayiotou. Ever since his appointment, he has been on a mission ...

A total of 25,000 workers received an increase in their salaries upon being paid for the month of January according to the Labour ministry, following an increase in the minimum wage. ...

The north’s minimum wage was raised to a net figure of 24,000TL on Friday, following a unanimous decision of its minimum wage determination commission. The new minimum wage is ...

Workers earning the minimum wage in the north are earning less than the equivalent salary in Turkey for the first time, it appeared on Tuesday. Upon returning to work after ...

Employers’ groups expressed disappointed over the government’s decision to raise the national minimum wage to €1000 per month, citing economic concerns. In contrast, most labour unions lauded the decision. Most ...

The minimum wage will go up from €940 to €1,000 a month, Labour Minister Yiannis Panayiotou announced on Wednesday after the cabinet meeting, in a move that has left the island’s ...

The minister of labour is on Wednesday expected to issue a decree revising the amount of the national minimum wage, following months of debate with trade unions and employers’ organisations. ...

Around 25,000 low-paid workers may see an increase in their income once the government finalises its talks on minimum wage, Labour Minister Yiannis Panayiotou said on Friday, as discussions are slated ...

The new minimum wage will be devised “according to society’s needs and the economy’s potential”, Labour Minister Yiannis Panayiotou said on Monday. A new minimum wage is set ...

Tuesday’s meeting of the north’s Minimum wage determination committee ended without agreement after the involved parties could not agree as to when the minimum wage should be altered. ...

Trade union Sek on Monday called for a strengthening of workers’ rights in Cyprus at their Pancyprian Conference in Nicosia. Among their demands were a complete restoration of the cost-of-living ...

An official request has been submitted to the north’s ‘labour ministry’ on Thursday that the minimum wage be raised. The request was submitted by the Cyprus Turkish trade unions ...

The minimum wage in Cyprus is in the lowest tier among EU countries at €940 per month, which is relatively low compared to the country with the highest minimum wage, figures ...

The north’s minimum wage determination commission met on Wednesday, adjusting its monthly minimum wage for the first time since January to a net figure of 15,750TL. The new minimum ...

Some football clubs in Cyprus are reportedly paying undeclared wages to footballers, in addition to the official declared salary of €150, which represents the legal minimum wage. The president of the ...

One of Cyprus’ largest reforms has been implemented starting this year with the national minimum wage now in force, Labour Minister Kyriacos Koushos said on Monday. Though heralding the progress, ...

The outgoing year saw a number of key events in Cyprus’ economy and business world, ranging from domestic legislation to influential international incidents By Kyriacos Nicolaou Resilience amidst adverse conditions ...

A grouping of trade unions urged the government on Tuesday to address potential loopholes in the calculation of the national minimum wage, while also calling for a reduction on VAT ...

The government on Wednesday spun the new minimum wage in a positive light, saying that in terms of purchasing power, the €940 a month, seen by unions as inadequate, was in ...

The government lacks the political will to guarantee basic rights for workers, labour union PEO said on Wednesday, commenting on a decision to implement a lower minimum wage than the ...

Economists have come out in support of the recently agreed upon minimum wage, saying that this will benefit both low-paid workers, as well as the economy. Businesses on the other ...