Average salaries up 6% in 4Q 2023

The average salary in Cyprus grew by 6.2% in the fourth quarter of 2023, compared to the same period in 2022, according to provisional data released by the Statistical Service, offering some

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Minimum wage set for further hike

Low-paid workers in the private sector are in for a pay boost in the new year, as social partners are set to meet on Friday to agree on the next increment for

Average monthly earnings up 7.2%

An increase of 7.2% was observed in the average gross monthly earnings of Cyprus employees in the first quarter of 2023 compared to Q1 last year, with men still paid more than

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Average gross earnings hit decade high

Annual average gross monthly earnings of employees in 2021 increased by 3.2% to €2,067, reaching a decade high. In monetary terms, the average gross monthly earnings have increased by 3.2% compared to

Average gross monthly earnings up 5%

The average gross monthly earnings of Cyprus employees increased by €100 in the second quarter of 2022, according to provisional data published by the Statistical Service. Wages reached €2,081, compared to €1,982 in 2021,

Senior state officials among highest earners

High ranking civil servants and politicians enjoy some of the fattest salaries on the island, with monthly earnings touching €9,000, according to data released by the Accountant General’s office. The top of

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