The Council of Ministers today approved the Wage Protection (Amendment) Law and authorised the Minister of Transport, Communications and Works, acting as Minister of Labour and Social Insurance, to submit the relevant bill to the House of Representatives.
The Bill, which was prepared on the instructions of the Minister of Labour and Social Insurance Ms. Zeta Aimylianidou, aims to strengthen the protection matrix in order to effectively ensure the basic right to wages of employees.
The main and extremely important innovation is the introduction of a legal obligation for the employer to pay wages into a bank account of the employee's choice. This ensures transparency and the possibility of controlling and documenting both the dependent employment relationship and the payment and amount of wages paid. The only exception concerns cases where under a collective agreement the payment frequency is weekly at the workplace.
In addition, a requirement is introduced that any deduction of an employee's salary must be agreed in writing between the parties involved and the employer's obligation to issue and inform the employee of a monthly/weekly payroll statement (payslip), as well as the possibility of convicting directors and other company officials for such violations.
(EC/SX)
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