Minimum wage law

Minimum wage starts in Cyprus

Cyprus' national minimum wage went into effect on January 1, according to a decree issued by the Minister of Labor and Social Insurance, Kyriacos Koushos. The national minimum wage is set at 940 euros, though, for the first six months of employment, it will come to €885.

Real Minimum Wages declined in most EU Member States

Against the background of inflation affecting European countries, minimum wage workers in 15 out of 21 Member States with statutory minimum wages registered a decline in their wages in real terms between 1 January 2021 and 1 January 2022. This was despite comparatively large increases in nominal rates in the EU during the period.

Victoria’s Secret pays $8.3 mn settlement to sacked Thai workers

More than a thousand sacked Thai garment workers who made bras at a factory supplying lingerie giant Victoria's Secret have received a landmark $8.3 million settlement, labour rights activists said on May 28.

Brilliant Alliance Thai closed down its Samut Prakan factory in March 2021 after going bankrupt.    

Pages