Cabinet raises minimum wages in hotel industry
Minimum wages in 19 professions in the hotel industry are getting a 3.54 per cent increase, retrospectively from January 1, after the cabinet issued a decree on Wednesday as part of the sector’...
Fiscal council’s budget to increase by 12 per cent
The fiscal council’s budget for 2025 is over 12 per cent larger than its budget for the previous year, according to information revealed on Friday.
News website Stockwatch reported that the ...
One in four workers on a low income
One in four workers are on low wages, a research institute affiliated with the left-leaning Peo union said on Tuesday outlining how income distribution has tilted away from salaried employees ...
Top state officials net €9,000 a month with pay hikes on the horizon
Senior state officials, including the president, have seen their salaries increase by up to €1,400 since 2022 and are set to receive an additional €700 raise in 2025, attributed to inflation.
According to Politis, ...
Okypy has ‘no respect’ for public money, spends on lucrative overtime, fancy hotels, and lavish meals
The state health services (Okypy) appears to have shown blatant disregard for how it spends public funds, particularly by management who have booked fancy hotels and raked in plenty of ...
Public payroll gets a bump despite reform promises
Last week the government and trade unions inked an agreement granting civil servants and public-sector workers a 1.5 per cent salary bump. The move raised eyebrows, given that only recently the ...
House to vote on bill regulating government advisers’ contracts
The House will be voting on a bill on the legislation regulating the hiring of government advisers through a private contract on February 15, the House ethics committee heard on Wednesday.
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Our View: Better pay should be possible for civil servants that deserve it
Between 70 and 100 workers of the social insurance service went on strike on Tuesday, demanding better promotion prospects and earning potential. These are clerical staff, on the lowest pay scales (A-2...
Salaries go up 7 per cent on an annual basis
In nominal terms, earnings in Cyprus went up by an average of 7 per cent on an annual basis, according to data just released by the Statistical Service.
Average gross monthly ...
Half of all workers in Cyprus paid €1,500 or less, bottom 10% get €750 to €1,000
A survey of the jobs market has found hundreds of vacancies around Cyprus but most in low-paid occupations, also revealing that half of all workers on the island are paid €1,500 ...
Purchasing power of salaries below 2006 levels, survey shows
The purchasing power of the average salary in Cyprus is currently 6.8 per cent below 2006 levels, with real wages still on a downward trajectory, according to a report by the Cyprus ...