The Department of Labour Relations issued an announcement regarding the level of the minimum wage, which occupations are covered, and how often it will be revised.
Based on the Minimum Wage Order of 2022 which entered into force on January 1, 2023, the national minimum wage is determined.
According to said Ordinance:
a) Every employee who works full-time must receive an initial monthly wage of at least €885 gross and after a 6-month continuous period of employment with the same employer, this wage must increase to at least €940 gross
b) The working hours of the employees must be those that were applied at the time that the Order came into force, as determined either by the collective agreement, or by a written agreement between the employer and the employee
c) When the employer provides the employee with decent food and/or accommodation (within the framework of the agreed employment contract), the minimum monthly salary may be reduced, upon agreement between the employer and the employee, as follows:
- up to 15% when food is provided, and/or
- up to 10 % when accommodation is provided
d) In case of employment of persons up to 18 years of age for casual employment that does not exceed two (2) consecutive months, the minimum wage may be reduced by 25%
e) Α readjustment mechanism is instituted and it will be operating every two years, beginning from 2024.
*Please note that provisions of this Order do NOT apply to domestic workers, agricultural and animal farming workers, and seamen, as well as to workers to whom the Minimum Wages in the Hotel Industry Order of 2020 applies.
According to the above, employers and self-employed workers must be informed about the new legislation so that they are fully harmonized with the labour legislation.
You can read the announcement at the link below:
https://www.mlsi.gov.cy/mlsi/dlr/dlr.nsf/All/1BC7DC1FA85737B9C22586870039FD04?OpenDocument
In order to be up-to-date and fully compliant with the Department of Labour Relations regulations, N. Vorkas & Co provides the Payroll service so that this essential part of your business complies with the government’s orders and regulations.
We are here to give you the help you need.
Konstantina Vorka
Head of Human Resources and Payroll services
at N. Vorkas & Co Ltd
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