Cyprus, one of the last EU countries to adopt a minimum wage,
has agreed to set a national minimum monthly wage at €940. The
Minister of Labour and Social Insurance, Kyriakos Kousios,
announced this on August 31st, 2022.
The implementation of the national minimum wage starts on
January 1st, 2023, with a transition period to allow the
economy and employers to cope with this change. While the minimum
wage is set at €940, for the first six months of employment
(probation period) it will be €885.
The introduction of the minimum wage will have, however, some
exceptions for professions related to shipping, domestic workers
and also farming. Worth noting; is that employees who receive more
favourable treatment through a customary contract or other
agreement are also excluded from the ruling. Where an employer
provides food and/or boarding, it will be possible to deduct a
percentage from the minimum wage; an amount of 15% for food and 10%
for accommodation, always upon
