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Tuesday, May 21, 2024

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25% of workers earn only €19,500 annually

Amidst the rising cost of living and high borrowing interest rates that have plagued households in recent years, in...

Toyota holds off response on wage talks after first round

Toyota Motor 7203.T, the world's biggest automaker, did not reach an immediate agreement with its union over demands for...

Accelerated advancement of low-wage public servants signalled by Finance Ministry

The activation of the agreement signed on December 12 between the Ministry of Finance and the trade unions PASYDY...

Irish unions reject government pay offer of 8.5% over 2-1/2 years

Irish public sector trade unions on Thursday described a government offer to increase pay by around 8.5% over the...

Salaries and pensions rise as CoLA aims to combat inflation

In response to yesterday's Statistical Service report on December's inflation, the Ministry of Finance has issued a circular revealing...

Workers to benefit from 2.44% CoLA hike

From the start of the new year, thousands of public and private sector employees in Cyprus will see a...

Average gross monthly earnings see increase

A 6.2% increase is observed in the average gross monthly earnings of employees during the third quarter of 2023,...

Preliminary agreement on low-waged public sector employees reached

A preliminary agreement regarding the salary advancement of public sector employees, encompassing the combined scales A2-5-7, has been signed...

Cyprus has reduced gender pay gap in comparison to EU average, ministry says

According to the Ministry of Labour, Cyprus ranks 7th best in the EU regarding the gender pay gap, as...

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