4. PROTECTION OF WAGES
The Protection of Wages Laws of 2007 and 2012 apply to all employees that receive wages. Its main purpose is to regulate the method and frequency with which wages are paid and also, to lay down the circumstances for allowable deductions.
- Frequency of payments
According to the Protection of the Wages Law, wages must be paid at least weekly or monthly, depending on the agreement between the employer and employee.
- Deduction of wages
Deductions from wages are permitted only under certain conditions and always to the extent deemed necessary for the support of the employee and his family.
Deductions that can be made from wages are the following:
- deductions prescribed by laws and regulations (social insurance, inland revenue, etc.);
- deductions in accordance with regulations for retirement, provident and medical funds;
- deductions prescribed by Court rulings;
- deductions for the reimbursement of damage or loss to the employer are only authorized if they were caused intentionally or due to severe negligence on behalf of the employee
- other deductions following the employee’s consent.
- Relevant legislation