Mar 2, 2026 1 min read

Cyprus: Statutory Minimum Wage Increases for 2026

The Cyprus Cabinet approved amendments to the national minimum wage framework establishing revised minimum pay rates. Under the decree published in the Official Gazette, the minimum gross monthly wage for new hires rises from €900 to €979 and after six months’ continuous service from €1 000 to €1 088.

Effective Date

Published

Impact

  • Payroll must apply tiered minimum wage rates across continuous service thresholds, affecting gross pay and statutory contribution bases.

Payroll action

Gov.cy

Most viewed posts

View all posts

Mercans Named Leader in Payroll Transformation

This marks the third consecutive year that Mercans has achieved a Leader position, covering 2023, 2024 and 2025.

Dec 15, 2025 2 min read

The World’s First AI-Powered Payroll Validation

Mercans introduces Enhanced Payroll Validation with AI Insights - a groundbreaking innovation that redefines payroll accuracy, compliance, and efficiency across the globe

Oct 3, 2025 3 min read

Mercans Recognized as a Global Leader in the ISG Provider Lens 2025...

Company is also named a Product Challenger in the USA Managed Payroll Services.

Nov 24, 2025 2 min read