Cyprus is an island nation located in the Eastern mediterranean, south of Turkey and Greece. Greek mythology says it is the birthplace of the ancient Greek goddess of love Aphrodite, however Cyprus’s modern history has been dominated by tension between its Greek and Turkish inhabitants.

A major tourist destination in the Mediterranean, Cyprus has successfully diversified its traditionally agrarian economy, to both tourism and by becoming an important financial hub, especially for investors from Russia and Eastern Europe. Greek Cypriots comprised the majority of the population, with Turkish Cypriots next, and others making up the rest of the Cypriot population. There are also over 10,000 people of Russian origin living in Cyprus.

Average Monthly Earnings

Employment-to-Population Ratio

Unemployment Rate

Employment by Sector

Agriculture 2.4%
Industry 18.4%
Services 79.2%

Employment Distribution by Education

Age 15+

Less than Basic 0.5%
Basic 14.5%
Intermediate 38.3%
Advanced 46.7%
Level Not Stated 0%

Age 15-24

Less than Basic 0%
Basic 11.3%
Intermediate 54.8%
Advanced 33.9%
Level Not Stated 0%

Age 15-64

Less than Basic 0.4%
Basic 13.6%
Intermediate 38.7%
Advanced 47.3%
Level Not Stated 0%

Age 25+

Less than Basic 0.6%
Basic 14.7%
Intermediate 37.0%
Advanced 47.7%
Level Not Stated 0%

Schedule a Demo

Employees under 18 years of age cannot perform work at night in Spain according to law. #Spain #GlobalPeopleStrategist #GlobalCompliance #ComplianceUpdates

The National Minimum Wage in Ireland increased on January 1, 2022, by 30 cents per hour for employees over age 20, from EUR 10.20 (Euros) to EUR 10.50.
#Ireland #Globalpeoplestrategist #GlobalCompliance #Complianceupdates

In France, dismissals are considered wrongful when the proper procedure has not been followed, this relates to if an employee has not been given notice.
#FranceLaborLaws #GlobalPeopleStrategist #GlobalCompliance #ComplianceUpdates

The statutory paternity pay in the UK is now GPB 156.66 pounds per week or 90% of the employee’s average weekly earnings
#UK #paternitypay #globalpeoplestrategist #globalcompliance #complianceupdates

Employment Rights in Denmark
Denmark, for the longest time, did not have an exclusive body governing matters such as working time, annual leave, maternity, and other parenthood-related leave. Read More https://t.co/JWhkStW3hs #EmploymentRights #Denmark #GlobalPeopleStrategist

Load More...