Starting in January 2024, The following changes will take effect in regard to the maximum earnings limit and contributions to the Social Insurance Fund: Increase of the Social Insurance contribution…
Tag:
Employement Support
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Starting in 2024, a new minimum wage for full-time employees is determined in Cyprus. Over 25.000 employees will benefit from the new minimum age. According to the decision: 1) Every…
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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…
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Salaries are an important part of a business. Each employer calculates the contributions to the Social Insurances -and to the GHS- of each employee’s wages. And this is done every…