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1. Government faces backlash over officials' salary surge

In a significant move, a deal signed on July 28, 2017, not only marked the revival of the institution but also propelled the salaries of officials to new heights. ...

2. Government official salaries surge up 17% in 5 years

Over the past half-decade, the salaries of government officials have surged by a notable 17%, shedding light on the expanding state payroll. ...

3. MPs debate executive bonuses in semi-governmental organizations

The issue surrounding the renewal of Cyprus Telecommunications Authority (CYTA) CEO Andreas Neocleous's contract for another five years and a requested bonus sparked discussions within the Council of Ministers about executive bonuses in semi-governmental organizations. ...

4. The overtime dilemma – George Vassiliou's proposal

Only a young John Kapodistrias, with his wit and cunning, can rescue this troubled land from the folly of officials and citizens....

5. BOC reports €349M in profits, plans employee bonuses for 2024

In a significant financial turnaround, Bank of Cyprus reported a notable profit of €349 million for the nine months ending September 30, 2023, marking a substantial improvement from the €19 million loss in the same period last year. ...

6. Lawsuit against Twitter for $500M severance payment

Twitter allegedly refused to pay at least $500m in promised severance to thousands of employees who were laid off after Elon Musk acquired the company, a lawsuit filed on Wednesday claims....

7. Companies laying off employees to hire new ones at lower salaries

Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...

8. The 2023 Budget in the vortex of the elections

The government of President Anastasiades has just submitted its final budget, for 2023. DISY will undoubtedly support the budget, but it will be interesting to see what position it will take if and when the polls are confirmed....

9. Apple supplier apologizes, offers $1400 payout to quell protests

Apple’s manufacturing partner Foxconn has offered payouts of Rmb10,000 ($1,400) to newly recruited staff who elect to leave the iPhone factory and vowed to honour pay agreements, in an attempt to quell unrest after workers violently clashed with police....

10. Inside JP Morgan's precious metals division: The salaries and bonuses of the golden boys

The trial of the former head of precious metals at JP Morgan Chase, which has been in full swing since Friday, provides a sneak peek into the world of exchanges and the pay for its employees....

11. ‘I will visit Athens when we win the war,’ Ukraine’s President tells Kathimerini

Volodymyr Zelenskyy looked worn, he was probably sleepless, but he spoke passionately in his signature husky, nasal voice, stopping often to take a sip of coffee from the cup next to him....

12. Corporate Social Responsibility and Corporates’ response to COVID19

The long-term debate over CSR is concerned with whose interests should be attended to, shareholders or stakeholders, and this is actually the debate of the two competing theories over the purpose of the modern business firm...

13. Britain to shake up Big Four accountants

14. Auditor says air traffic control needs to do better

The Department of Civil Aviation’s Safety Regulation Unit was recently under the Auditor’s microscope, and findings show it is not properly organised and lacks efficiency due to a lack of best practices...