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 ...
Labour Minister Kyriacos Koushios said on Monday he will submit a final proposal on the national minimum wage at meetings with stakeholders on Thursday and Friday, with the aim of ...
A final proposal for the creation of a minimum wage is expected to be forwarded to the president in September by Labour Minister Kyriacos Koushios, the federation of independent trade ...
The introduction of a national minimum wage was part of president Anastasiades’ pre-election commitments, and it would have been introduced by the end of May this year had late minister ...
Deok trade union confederation has joined Peo and Sek in accusing the government of backing down after the broad meeting that took place at the presidential palace on Tuesday failed ...
What had been expected to be a routine meeting at the presidential palace on Tuesday to announce a final decision on the minimum wage ended in a major disagreement between ...
Trade unions Sek and Peo on Wednesday accused the government of backing down after a broad meeting the previous day at the presidential palace failed to approve the introduction of ...