National Minimum Wage Increase in Cyprus

Cyprus Lawyers, G. Kouzalis LLC, would like to inform you that according to the decision of the Council of Ministers. The decision dated December 20, 2023. Furthermore, the National Minimum Wage increase from January 1, 2024. Specifically, it increases from €885 to €900 (Gross Salary) when hiring for full-time employment and from €940 to € 1000 (Gross Salary) after six months of continuous employment with the same employer.

It is noted that, from this Decree are exclude, employees of the Hotel Industry. Also, shipping workers, workers employed in the agricultural livestock sector and domestic workers.

For more information you can contact the Department of Labor Relations, Social Policy & Human Resources Development at tel. 22889880