As in Russia, the minimum wage in Cyprus exists in order to ensure decent wages, overcome poverty and increase productivity. However, it does not apply to all specialties.
According to the decree of 2012, the minimum wage in Cyprus is 870 euros for the first six months of work and 924 euros thereafter. But the fact is that this rule applies only to some specializations: sellers, registrars, assistants in hospitals, kindergartens, schools. For guards, the minimum payment is 4.9 euros per hour in the first six months and 5.2 euros per hour in the following. For employees of cleaning services, the minimum payment at first is 4.55 euros, then increases to 4.84 euros per hour.
Opposition parties regularly call for raising the minimum wage to 1,000 euros or even higher, as well as extending this norm to all specialties. In response, the state seems to agree, but claims that it is first necessary to reduce unemployment to below 5% (this year it is in the region of 7%).
The European Commission also advocates the introduction of a common minimum wage. Its first vice president, France Timmermans, called on EU member states to set a minimum wage in the region of 60% of the average wage. Based on this recommendation, the minimum wage in Cyprus should be set between 1,169 and 1,333 euros, or about 1052-1,200 euros “net”.
In the European Union, the minimum wage is in 22 out of 28 countries. They are divided into three categories. In 11 states, the minimum wage is less than 500 euros, in 5 countries – from 600 to 900 euros, in the remaining seven states – from 1,400 euros.
The first category includes: Bulgaria (261 euros), Lithuania (400 euros), Romania (408 euros), Latvia (430 euros), Hungary (445 euros), Croatia (462 euros), Czech Republic (478 euros), Slovakia (480 Euro), Estonia (500 Euro), Poland (503 Euro).
The second category includes: Portugal (677 euros), Greece (684 euros), Malta (748 euros), Slovenia (843 euros), Spain (859 euros).
The third category includes the UK (1,400 euros), Germany and France (1,498 euros), Belgium (1,563 euros), the Netherlands (1,578 euros), Ireland (1,614 euros), Luxembourg (1999 euros).
From these statistics it is clear what the spread in salaries in the EU countries is – the highest minimum wage is 7.5 times higher than the lowest.
In Italy, Austria, Denmark, Sweden, Finland and Cyprus, the minimum wage is not regulated by the state.