Cola Increase 2024 Malta India. โ each year, an increase in the weekly salary of all employees is announced during the budget, referred to as the cost of living adjustment (cola) mechanism. A brief overview of the main updates and adjustments in relation to payroll, employment & related matters, including cola, minimum wage, various leave entitlements, tax.
โ workers in the public sector will see their salaries increase by an additional โฌ6.41 a week next year after the government reached an agreement with maltaโs. In addition to this increase, the aid for people with severe disability will.
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