Minimum wage hiked to €1,000

Good news for some 25,000 low-paid private sector workers in Cyprus, as the minimum wage will go up from €940 to €1,000 a month, Labour Minister Yiannis Panayiotou announced on Wednesday following


Minimum wage set for imminent hike

Labour Minister Yiannis Panayiotou is poised to issue a decree that will raise the national minimum wage in Cyprus to nearly €1,000, affecting approximately 25,000 low-paid workers in the private sector. The


A minimum wage for all?

It took several years of hard-fought negotiations among social partners in Cyprus to conclude a national minimum wage, set in stone earlier this year, with an option to increase it in the


Minimum wage hike decision delayed

Unions and employers failed to agree to a common increase in the national minimum wage on Friday, with Labour Minister Yiannis Panayiotou calling stakeholders to a new meeting next week, days before


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

National Minimum Wage comes into effect

The landmark National Minimum Wage of €940 per month and €885 for the first six months of employment became active on January 1 by the decree of Labour Minister Kyriacos Koushos. Some

Minimum wage ‘better than it looks’

The government has defended criticism from unions over the national minimum wage, arguing that €940 a month is among the highest in the EU, offering low earners more purchasing power than their

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