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Cyprus Average Monthly Earnings are UP..
Posted: Thu Apr 15, 2021 4:52 pm
by trevnhil
It certainly surprised me when I read that that the average earnings have risen... I was even more surprised that the average annual monthly earnings of employees during the fourth quarter of 2020
was
€2,267..
https://www.financialmirror.com/2021/04 ... -to-e2267/
Re: Cyprus Average Monthly Earnings are UP..
Posted: Thu Apr 15, 2021 5:45 pm
by 71 Trans Am
Surprised me also – Extremely low wages it equates to about £23,000 per annum and then your off takes and that is just the average so some will be on much less – I always assumed the Cypriot’s were on reasonable incomes – just goes to show but I suppose if you are a bar worker you will also have tips.
Re: Cyprus Average Monthly Earnings are UP..
Posted: Thu Apr 15, 2021 6:30 pm
by WHL
Dont forget in most households, both parents work
Re: Cyprus Average Monthly Earnings are UP..
Posted: Thu Apr 15, 2021 8:21 pm
by galexinda
Most of the workers I know would be grateful to receive half the amount quoted in the article!
I feel this gives a more accurate picture of the struggle people are facing:
'Almost one in three households (30 per cent) said they barely make ends meet, 20 per cent said they have a little difficulty with getting by on their income and 14 per cent said they were having great difficulty'.
https://cyprus-mail.com/2021/04/15/half ... ends-meet/
Re: Cyprus Average Monthly Earnings are UP..
Posted: Thu Apr 15, 2021 11:25 pm
by Beechwood
Could it be that that there has been a disproportionate loss of lower paid jobs and this would explain the fact that average earnings per employee have risen?
Re: Cyprus Average Monthly Earnings are UP..
Posted: Fri Apr 16, 2021 8:37 pm
by jeba
I know of a person who is working at a recycling plant 6 days a week including night shifts and his salary isn't even € 1200.- .