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.
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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
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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 ...
The independent trade union federation (Poaso) expressed its strong disappointment with the amount set for the national minimum wage and raised concerns about the absence of several important safeguards for ...
The monthly minimum wage has been set at €940 and will be implemented at the start of the new year, Labour Minister Kyriacos Koushos announced.
The “historic” move came after Wednesday’...
Labour Minister Kyriakos Koushos will present his final proposal for the minimum wage to social partners on Wednesday and media reported on Sunday that it could well be lower than ...
Labour Minister Kyriakos Koushos will hold a new joint meeting with employers and trade unions on August 31 in a final effort to reach a consensus regarding the establishment of the ...
Differences remain between employers and trade unions as regards the introduction of a national minimum wage, Labour Minister Kyriacos Koushos said on Tuesday, as he continues separate contacts with social ...
Labour Minister Kyriakos Koushos held new talks with employers’ organisations on Friday as he seeks to bridge differences between social partners ahead of the introduction of a national minimum wage.
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The Statistical Service (CyStat) said on Tuesday that reliable data on the median wage in Cyprus can be gleaned from its Income Survey which it conducts periodically, rather than from ...
Cyprus Chamber of Commerce and Industry (Keve) general secretary Marios Tsiakkis admitted that gaping differences remain between employers’ organisations and trade unions when it comes to the minimum wage, which ...
Marathon talks on the introduction of a minimum wage ended without success on Friday, with social partners set to hold fresh meetings next week.
Labour Minister Kyriacos Koushos, who held ...
Newly appointed Labour Minister Kyriacos Koushos will meet social partners on Friday to discuss the expected introduction of a minimum wage.
Separate meetings with unions and employers on the issue ...