The findings of a survey conducted by IMR University of Nicosia on behalf of SEK reveal troubling realities about wages in Cyprus, exposing the inadequacies of long-standing labour policies and systemic inequality.

As Brief reports, the study paints a grim picture, showing that 23% of workers struggle monthly to purchase basic necessities—an alarming statistic for an EU member state with a strong emphasis on social dialogue and living standards. Moreover, 62% of employees admit they are struggling to make ends meet, and 70% report feeling insecure, and 74% are unable to save money.

A striking 98% of workers expressed concern that the National Minimum Wage is insufficient to cover basic living needs.

According to the survey:

• 24% of workers are paid at the level of the minimum wage.

• 13% receive below the minimum wage.

• 17% reported that their working hours increased after the implementation of the NMW, despite 77% of businesses stating that the policy had no negative financial impact.

The survey also highlighted wage discrimination, with 68% of respondents stating that it is widespread, particularly affecting younger workers and women, even when they hold the same positions, qualifications, and experience as their peers.

Further, 44% of workers said they would consider emigrating for better wages, citing salary levels as having a significant impact on quality of life and work-life balance.

From the employers’ side:

• 95% acknowledged salary as a key factor in job selection.

• 57% admitted their companies do not offer competitive pay compared to similar roles either locally or abroad.

In response to these findings, the Pancyprian Conference of SEK has called on the Ministry of Labour and the government to urgently accelerate dialogue and implement the following:

1. Expand and strengthen collective agreements to cover all workers.

2. Fully reinstate the Cost of Living Allowance (CoLA) to restore purchasing power.

3. Review and raise the minimum wage, incorporating CoLA and setting fixed hourly rates.

4. Reform legislation to address wage discrimination.

5. Complete tax reform to promote social justice.

6. Accelerate pension reform, ensuring no pensioner lives below the poverty line.

7. Conclude the national strategy on employment of third-country nationals.

SEK Secretary General Andreas Matsas emphasized cooperation with the European Trade Union Confederation, urging the EU to devise a strategy that stabilizes the economy. SEK advocates for the revival of the SURE initiative, which supports wages, employment, and purchasing power.

Matsas also warned against reactionary moves in response to the sweeping tariffs imposed by the U.S. President, stressing that such developments must not derail national efforts aimed at labour market stability, social cohesion, and sustainable economic development.

The conference reiterated that SEK will not accept any approach that undermines decades of labour rights and achievements.