National Minimum Wage comes into effect

The landmark National Minimum Wage of €940 per month and €885 for the first six months of employment became active on January 1 by the decree of Labour Minister Kyriacos Koushos. Some 40,000 low-income employees are estimated to benefit from this unprecedented benchmark substantially. The National Minimum Wage does not apply to jobs in shipping, domestic workers, farming and livestock. Those receiving training for a degree or professional qualification are also excluded. Where an employer provides food or accommodation, it will be possible by an agreement between the parties to deduct it...