The Cypriot Official Gazette Dec. 20, 2023, published Decree No. K.D.P. 402/2023, increasing the 2024 national monthly minimum wage for full-time employment with the same employer to: 1) 900 euros (US$987.69) from 885 euros (US$971.23) before the completion of six months of continuous employment; and 2) 1,000 euros (US$1,097.43) from 940 euros (US$1,031.58) for full-time employment after completing six months of continuous employment. The decree takes effect Jan. 1, 2024. [Cyprus, Official Gazette, 12/20/23]
Reference: View Decree No. K.D.P. 402/2023, Official Gazette No. 5842 of 12/20/23. View Announcement. View Gazette Index. View Announcement Index.
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