Cola Increase 2024 Malta

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Cola Increase 2024 Malta. Starting from january 2024, the carer at home scheme will be increased by an additional €1,000, bringing the total to €8,000 per year. 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.


Cola Increase 2024 Malta

Learn how this financial provision helps families cope with. Wages will increase by a minimum of €12.81 a week to reflect the inflation rate over the past year, thanks to the standardized annual cost of living adjustment.

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