https://knews.kathimerini.com.cy/en/news/germany-needs-400-000-employees-annually-to-cover-labor-demands
Due to Germany’s aging population which results in a lack of qualified workers, the country’s labor market is at risk, with authorities left to count on target migration as a solution for the situation.
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https://knews.kathimerini.com.cy/en/news/dept-of-labour-our-social-security-fund-is-sound
According to the Ministry of Labour and Social Insurance, the General Social Insurance Plan's most recent actuarial study shows that the amendments made up until 2012 ensure the long-term viability of the Social Insurance Fund and that,...
https://knews.kathimerini.com.cy/en/business/exness-sponsors-the-first-ever-cyprus-tech-career-fair
Exness was the Platinum sponsor of the Cyprus Tech Career Fair that took place from November 24 until November 26 at the Cyprus International Fair. ...
https://knews.kathimerini.com.cy/en/business/ey-holds-cyprus-attractiveness-forum-investment-realized-a-reference-point-for-fdi-in-cyprus
The Cyprus Attractiveness Forum: Investment Realized, organized by EY in collaboration with the Cyprus Chamber of Commerce and Industry, took place on Tuesday, October 25th at the Parklane Hotel, in Limassol. ...
https://knews.kathimerini.com.cy/en/news/op-ed-wim-van-aken-talks-recession-and-the-predictions-for-cyprus
We are facing a double shock. First, we had the Covid-19 shock and now the global and European economies are facing a new shock with the war in Ukraine. Both events are unprecedented for many of us....
https://knews.kathimerini.com.cy/en/news/british-business-travelers-being-turned-back-from-eu-countries
British business travelers are being turned back from European countries for going against post-Brexit movement restrictions that will be applied more rigorously once the European Travel Information and Authorization System (ETIAS) is introduced in November next year....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-face-serious-issues-but-still-expect-to-turn-a-profit
What are the main problems for Cypriot businesses (table)
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https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-a-cat-has-nine-lives-so-does-the-cyprus-property-market
Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily from foreign investors who are trying to appreciate how the rise in inflation, increase in interest rates, and war in Ukraine is affecting local market dynamics....
https://knews.kathimerini.com.cy/en/news/the-economy-and-turkey-s-east-med-push-dominated-candidate-s-talking-points-this-week
The development of the economy, the basic positions of the Committee of Occupied Municipalities on the Cyprus problem and Turkey's activities in the Eastern Mediterranean are the main talking points of the presidential candidates this week....
https://knews.kathimerini.com.cy/en/business/xm-ranks-2nd-in-great-place-to-work™-‘best-medium-workplaces-list-for-top-2022-european-employers
XM is beyond proud to announce that it has ranked second (2) in a list of Europe’s top employers in 2022, in the ‘Best Medium Workplaces’ category, as awarded by the Great Place to Work™ Institute...
https://knews.kathimerini.com.cy/en/business/100-000-workers-to-benefit-from-established-minimum-wage
The introduction of the national minimum wage in Cyprus, which will affect the salaries of almost 100 thousand workers from the beginning of 2023, has turned into a game of nerves but with an almost happy ending....
https://knews.kathimerini.com.cy/en/news/cyprus-minimum-wage-set-at-940-euros-per-month
The Minister of Labour and Social Insurance, Kyriakos Kousios, announced the establishment of the National Minimum Wage after the meeting of the Council of Ministers, calling it a historic day for the welfare state....
https://knews.kathimerini.com.cy/en/news/eu-states-facilitating-employment-of-third-country-nationals-to-ease-labor-shortage
The European Union’s population is aging. The factors behind this phenomenon are many, but the declining fertility rates and the increased life expectancy, along with migration to countries like the United States, the United Kingdom, Canada, and Australia, are the main ones....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-benefits-in-kind
There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....
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/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/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/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/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/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...
