#minimum wage

The intervention of the government in the labour market will not end with the change in the calculation of the cost of living allowance (CoLA), which was finally agreed last ...

Both the Cyprus chamber of commerce and industry (Keve) and the employers’ and industrialists’ federation (Oev) on Wednesday welcomed the European Court of Justice (ECJ)’s overruling of parts of ...

The average salary has increased by 13 per cent in the past two years and those earning less than €1,000 per month have dropped by 30 per cent, Labour Minister Yiannis Panayiotou said ...

Some private security guards are earning less than the minimum wage, MP Alexandra Attalides, who belongs to Volt, said on Wednesday. Speaking to the Cyprus Mail, she explained that some ...

Cyprus’ average monthly salary reached “almost €2,500” last year, Labour Minister Yiannis Panayiotou said on Tuesday. He said the country’s average wage had hovered around €2,000 per month between 2010 and 2021, but ...

Cyprus is 12th among the 22 EU countries with minimum wages, having set the minimum at €1,000 gross, Eurostat announced on Thursday. That is nearly twice that of Bulgaria and nearly a ...

The north’s minimum wage determination commission on Thursday ruled against an appeal to raise the minimum wage further, after it had been set at a gross figure of 43,469TL (€1,168) ...

Trade union leaders and opposition figures in the north on Friday night expressed fury at the new minimum wage, which was announced following a meeting of the minimum wage determination ...

The average wage in Cyprus is lower than the EU average, according to Eurostat’s survey for 2023. The average full-time adjusted salary per employee in the EU is €37,863 whereas in ...

The government aims to strengthen wages in line with European guidelines, with a focus on middle and low-income employees, the labour ministry said on Friday. In a statement, it highlighted ...

An appeal filed by business owners against the north’s new minimum wage was rejected by the north’s minimum wage determination commission on Monday. The commission convened on Monday ...

The minimum wage in the north was set at a figure higher than that of the Republic of Cyprus at a meeting of the north’s minimum wage determination commission ...

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 ...