https://knews.kathimerini.com.cy/en/news/discussions-on-minimum-wage-in-the-final-stretch
We are entering the final stretch for the introduction of the minimum wage in Cyprus and serious developments are expected next Friday, July 22, 2022....
https://knews.kathimerini.com.cy/en/news/deadline-to-set-cyprus-minimum-wage-moved-up-to-the-21st-or-22nd-of-july
On July 21, or at the latest on July 22, 2022, an agreement will be reached to determine the minimum wage in Cyprus....
https://knews.kathimerini.com.cy/en/news/trade-unions-and-employers-disagree-on-national-minimum-wage-parameters
Efforts to come to an agreement on the establishment of a national minimum wage in Cyprus were unsuccessful during a scheduled meeting on Tuesday held by the President with trade unionists and employers' unions....
https://knews.kathimerini.com.cy/en/business/employee-influence-grows-43-set-to-quit-jobs-for-better-pay-career-opportunities-and-flexibility
Employees around the world now hold more sway in the global job market, with two-fifths (43%) of respondents saying they are likely to quit in the next 12 months according to the EY 2022 Work Reimagined Survey...
https://knews.kathimerini.com.cy/en/news/president-to-finalize-minimum-wage-talks-with-unions
President of the Republic Nicos Anastasiades will meet trade unions on Tuesday to conclude negotiations for the introduction of the minimum national wage in Cyprus....
https://knews.kathimerini.com.cy/en/business/average-gross-earnings-increased-by-6-8-in-q1-of-2022
The average gross monthly earnings of employees during the first quarter of 2022, amounted to €2,019 compared to €1,891 during the first quarter of 2021, recording an increase of 6.8%, according to data published, on Wednesday, by the Cyprus Statistical Service....
https://knews.kathimerini.com.cy/en/news/petrides-a-new-era-of-uncertainty
Uncertainty is the only certain thing in the new era we are entering, said Finance Minister Constantinos Petrides addressing the 14th Congress of the Free Trade Unions of Semi-Governmental Organizations (OHO-SEK)....
https://knews.kathimerini.com.cy/en/business/the-great-resignation-is-set-to-continue-worldwide-as-pressure-on-pay-mounts
The “Great Resignation” will continue apace in the year ahead as one in five workers say they are likely to switch to a new employer in the next 12 months.
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https://knews.kathimerini.com.cy/en/news/1-president-vows-to-carry-on-zeta-s-legacy
Cyprus President Nicos Anastasiades bade farewell on Friday to Labor Minister Zeta Emilianidou, who passed away on Monday after suffering a cerebral aneurysm in May, noting that despite her achievements she remained humble, humane, a respectable lady and that he feels proud of her work...
https://knews.kathimerini.com.cy/en/business/myth-buster-ifrs-17-an-accounting-standard-for-insurance-contracts
As the title attests, this short article aims at busting the myth which states that IFRS 17 – Insurance Contracts is only relevant for insurers or for companies regulated as insurance entities. ...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-biggest-scam-in-higher-education-the-master-s-degree
It's graduation season. Over the past couple of weeks, some 2 million college students have earned their bachelor's degrees and headed off to the next stage of their lives....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-why-are-we-all-working-so-hard
The idea that technology can liberate us from the drudgery of work is a powerful one. It has also been a powerful disappointment, at least so far....
https://knews.kathimerini.com.cy/en/news/europol-sex-trafficking-probe-lands-cypriot-farmer-in-prison
An elderly farmer in Cyprus was sentenced to ten years behind bars in a sexual exploitation case, after a joint law enforcement operation with Europol led to the discovery of at least two victims in the island’s agricultural sector...
https://knews.kathimerini.com.cy/en/business/awards-for-lidl-cyprus-human-resources-department
Once more, Lidl Cyprus proves to be a leading employer, constantly evolving and innovating while always remaining focused on people! At the 2021 Digital Marketing Awards ceremony, Lidl Cyprus received 4 awards as a result of the company's activities as Top Employer...
https://knews.kathimerini.com.cy/en/news/gender-equality-of-great-importance-to-cyprus-government
Promoting gender equality is of great importance for the government, Cyprus President Nicos Anastasiades said on Tuesday....
https://knews.kathimerini.com.cy/en/business/labor-inspections-island-wide-during-the-month-of-may
The Ministry of Labor, Welfare and Social Insurance will be carrying out spot inspections island-wide in May at leisure centers and cafes to combat undeclared labor and to ensure that businesses are complying with basic labor laws, the Ministry announced....
https://knews.kathimerini.com.cy/en/news/at-least-five-russian-businessmen-have-died-by-apparent-suicide-in-just-three-months
At least five prominent Russian businessmen have reportedly died by suicide since late January, with three of them allegedly killing members of their families before taking their own lives....
https://knews.kathimerini.com.cy/en/news/worker-and-boss-in-trouble-after-farming-accident
A young man who got injured while using a hand tractor is being accused of immigration and labor violations, while his employer is also facing charges of unauthorized employment...
https://knews.kathimerini.com.cy/en/news/high-concentrations-of-dust-continue-to-plague-cyprus
Cyprus continues to be plagued by high concentrations of dust on Tuesday, according to measurements from ground Stations of the Air Quality Monitoring Network....
https://knews.kathimerini.com.cy/en/news/holiday-weekend-marred-by-road-fatalities
Two men were killed in road accidents over the holiday weekend while the death of another driver was under investigation on Monday...
https://knews.kathimerini.com.cy/en/news/ministry-of-labor-cracks-down-on-undeclared-labor
Targeted inspections in the construction sector will now be conducted by the Ministery of Labor, Welfare and Social Insurance beginning in March in an effort to clamp down on undeclared labor.
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https://knews.kathimerini.com.cy/en/news/ministry-of-labor-job-interviews-begin-on-thursday
Employment interviews conducted by the Ministry of labor will begin this Thursday and Friday. The move aims to match job seekers to prospective employers and is part of an effort to meet the needs of the hotel industry in Limassol and Paphos, provinces that seem to be facing the biggest staffing shortages....
https://knews.kathimerini.com.cy/en/news/emilianidou-pay-gap-between-men-and-women-has-sufficiently-declined
"Despite progress in reducing the pay gap between men and women in Cyprus, we are continuing efforts to reduce and eradicate the disparity," Minister of Labour, Welfare and Social Insurance Zeta Emilianidou said on the occasion of Equal Pay Day....
https://knews.kathimerini.com.cy/en/business/billionaire-mark-cuban-opens-online-pharmacy-to-provide-affordable-generic-drugs
Mark Cuban has officially launched his newest venture—the online pharmacy Cost Plus Drugs....
https://knews.kathimerini.com.cy/en/news/bill-calls-for-shadowing-learner-delivery-drivers
A proposed bill on new regulations for drivers of motorcycles in Cyprus introduces measures aimed at boosting safety, but the law would also mean tough restrictions on food delivery guys who work on a learner’s permit...
https://knews.kathimerini.com.cy/en/news/germany-wants-to-attract-400-000-skilled-workers-from-abroad-each-year
Germany's new coalition government wants to attract 400,000 qualified workers from abroad each year to tackle both a demographic imbalance and labour shortages in key sectors that risk undermining the recovery from the coronavirus pandemic....
https://knews.kathimerini.com.cy/en/business/delema-mccann-recognized-for-the-2nd-consecutive-year-as-a-great-place-to-work®
DELEMA McCANN is the first advertising / communication agency in Cyprus to receive the coveted Great Place to Work® certification for the 2nd consecutive year. ...
https://knews.kathimerini.com.cy/en/news/supreme-court-halts-covid-19-vaccine-mandate-for-us-businesses
The Supreme Court has stopped a major push by the Biden administration to boost the nation’s COVID-19 vaccination rate, a requirement that employees at large businesses get a vaccine or test regularly and wear a mask on the job....
https://knews.kathimerini.com.cy/en/business/cyprus-expected-to-introduce-a-national-minimum-wage-by-the-end-of-january-2022
Cyprus is expected to introduce a national minimum wage by the end of January 2022. According to information, the national minimum wage will be set at 45% - 60% of the national median salary in Cyprus which is 1,573 euros....
https://knews.kathimerini.com.cy/en/business/a-record-4-5-million-americans-quit-their-jobs-in-november
A record 4.5 million Americans voluntarily left their jobs in November, according to the Bureau of Labor Statistics. This pushed the quits rate to 3%, matching the high from September....
