Press Release: Positive outcome for Black Friday 2024
29 November 2024
Feedback reported to the Malta Chamber of SMEs on Black Friday results indicates mixed outcomes....
Wages and Salaries
20 January 2014
The national
minimum wage of part-time employees shall be calculated pro rata at the same
hourly rate of a comparable whole-time employee in accordance with the relevant
Wage Regulation Order (WRO). In cases where a WRO is not applicable, the pro
rata is calculated using the weekly National Minimum Wage applicable for a
comparable whole-time employee, divided by forty.
Minimum Wages for 2014
18 years and
over €165.68
17 years
€158.90
Under 17 years
€156.06
Commissions
The wage
payable to the employee can consist of a commission so long as the minimum
weekly wage is guaranteed and such minimum wage is paid at regular intervals
not exceeding four weeks in arrears.
Statutory Bonus
The full
statutory bonus payable every six months is as follows:
End of June €
135.10
From the 15th
till the 23rd December € 135.10
When calculating
part of the bonus it can be worked out at €0.74 per calendar day including
Saturdays and Sundays.
Weekly Allowance
The full
statutory Weekly Allowance payable every six months is as follows:
End of March
€121.13
End of
September €121.13
When calculating
part of the weekly allowance it amounts to € 4.66 per working week, or a
proportion thereof.
Cost of Living Increase
The cost of
living increase is obligatory. A full-time employee is entitled to the full
increase, while a part-time employee is entitled to part of the cost of living
increase in proportion to the hours worked.
