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

Olympic doping tests clean at Milan-Cortina

No positive tests recorded so far For the first time...

ON THIS DAY: The first mobile phone call (1973)

In 1973, history was made in downtown Manhattan, New...

Greek PM announces cabinet reshuffle over EU farm aid fraud

Probe into EU farm aid scandal widens A Greece cabinet...

Cloud Tech Expo returns to Limassol for a second year

Cloud Tech Expo returns to Limassol for a second...