Average gross earnings reach €2,509

Date:

The Statistical Service has published the average monthly earnings for the first quarter of 2025, which show an annual increase of 5.4%.

According to preliminary data, the average gross monthly earnings of employees in the first quarter of 2025 are estimated at €2,509, compared to €2,382 in the first quarter of 2024 – an increase of 5.4%.

For the first quarter of 2025, there is also a 1.4% increase in average gross earnings, seasonally adjusted, compared to the fourth quarter of 2024.

The average monthly earnings of employees include basic salary, the Cost of Living Allowance (COLA), overtime pay, holiday fund, any allowances received during the reference period, as well as back payments. Allowances include both regular and non-regular payments (such as 13th salary, 14th salary, bonuses, etc.).

Also read: Car dealership surge in occupied areas – Front for money laundering?

Share post:

Popular

More like this
Related

Sarah Mullally named as new Archbishop of Canterbury

Dame Sarah Mullally has been named as the new...

Munich airport drone sighting forces flight suspension

Flights were suspended at Munich International Airport on Thursday...

24-year-old arrested for Limassol car arson

Police have arrested a 24-year-old man in connection with...

Gaza flotilla: vessel docks in Larnaca after request

One of the vessels that took part in the...