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ARTICLE · 06 OCTOBER 2023

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The 13rd & 14th Salary In Private Sector

Eurofast
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In Cyprus, it is at private companies' discretion to bolster up employment relationship by introducing extra salaries. The truth is there is no legislation obliging employers in the private sector to pay benefits.

CyprusEmployment and HR
Yianna Papademetriou
Yianna Papademetriou
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In Cyprus, it is at private companies' discretion to bolster up employment relationship by introducing extra salaries. The truth is there is no legislation obliging employers in the private sector to pay benefits. However, according to the Cyprus Law on Informing the Employee by the Employer of the Terms Governing the Contract or the Employment Relationship, the employer is obliged to inform the employee in writing through a Collective Agreement or Employment Contract whether they are eligible or not.

In accordance with the instructions of the Ministry of Labor and Social Insurance, the following are relevant clarifications regarding the handling of the 13th and 14th salary contribution payments:

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