Guys, I a friend of mine lost his job and he asked me about unemployment benefits.

What I see, is they pay minimum 60 % of the gross salary. So if his salary is 3000 gross, his benefits will be minimum 1800

https://www.euraxess.org.cy/cyprus/information-assistance/unemployment

Does my math is correct?

Regards,

https://old.reddit.com/r/cyprus/comments/1cylwj1/question_about_unemployment_benefist/

Posted by kapitalcho

2 Comments

  1. It’s not 60% from your current salary, I think they take your salary from 2023 or even 2022. And you have to chase them a few months before you get any money.

  2. Personal-Wing3320 on

    You need to calculate avarage earnings (3000×12)/52=692

    so 0.6×692=415 per week which transkates to 1660 euro