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...
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....
https://knews.kathimerini.com.cy/en/news/greek-labor-market-needs-skilled-workers
The local labor market will operate under new conditions in 2022, as the last couple of years has already seen the imposition of changes due to the pandemic....
https://knews.kathimerini.com.cy/en/news/eu-parliament-demands-new-rules-to-support-legal-labor-migration
Proposals to ease legal labour migration to Europe are needed by the end of January 2022, to overcome the challenge of an ageing population and of skills shortages, according to a press release sent by the European Parliament office....
https://knews.kathimerini.com.cy/en/business/employers-must-pay-at-least-28-euros-per-month-to-teleworking-employees-in-greece
Employers will have to pay a minimum compensation of 28 euros per month to each of their employees who are teleworking,...