Work conditions in Cyprus
The Active Population in Figures
|
2018 | 2019 | 2020 |
Labour Force |
625,731 | 636,733 | 639,279 |
Source:
International Labour Organization, ILOSTAT database
|
2017 | 2018 | 2019 |
Total activity rate |
72.80% | 74.05% | 74.84% |
Men activity rate |
76.90% | 78.32% | 79.37% |
Women activity rate |
68.60% | 69.69% | 70.21% |
Source:
International Labour Organization, ILOSTAT database
Working Conditions
- Legal Weekly Duration
-
Working hours vary according to sector and profession. The maximum number of working hours is fixed by collective agreement. It usually ranges beetween 38 and 40 hours.
- Retirement Age
-
63 or 65 if the insured person does not meet the conditions to go on retirement at the age of 63.
- Working Contracts
-
A written contract is not obligatory but it is now common to have one.
There are several types of contracts and Cyprus does not have a uniform contract of employment system.
The most common contract is the contract with an indefinite term. Temporary employment is uncommon though seasonal work exists mainly in tourism and agriculture.
- Labour Laws
-
Consult Doing Business Website, to obtain a summary of the labor regulations that apply to local entreprises.
Cost of Labour
- Minimum Wage
-
According to the ILO, the minimum wage was EUR 870 per month in 2019 (latest data available).
- Average Wage
-
The average monthly gross salary in Cyprus is EUR 1,907 (Cyprus Ministry of Finance,2020)
- Social Contributions
-
Social Security Contributions Paid By Employers: 8.3% of covered earnings
Social Security Contributions Paid By Employees: 8.3% of covered earnings
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Latest Update: September 2024