I was told tonight that there is a minimum wage in cyprus of £3.80 per hour.
Is this true or was someone winding me up?
andytandreou wrote:From what I understand it's 365 pounds per month and 380 pounds after 6 months work.
Now... this 365 pounds per month is paid for 38 hours work NOT 40... I repeat NOT 40 hours per week but 38.
To find the minimum hourly rate see below:
£365
x12
------
= £4380 <-- Minimum Yearly Salary
/ 52
------
=£84,23 <-- Minimum Weekly Salary
/ 38
------
= £2.20 <-- Minimum Hourly Salary
You see the hourly rate is £2.20. BUT, If you have been working for the same employer for six months you will be getting £2.30 per hour. These amounts to not include your 13th salary which comes as a bonus at x-mas. If you include 13th salary then you earn £2.50 per hour.
Don't forget:
In Cyprus u get a 13th Salary at x-mas
You must register with National Insurance
You are allowed 22 working days paid holiday
All bank holidays off
Overtime is paid at 1.5 (time and a half)
The above is the minimum for all employees and anything less (like no 13th salary) is illegal but the employee has to make a complaint about it, spot checks by the employment department do happen, but are very few and far between.
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