Government to Support SMEs with Wage Increase Coverage
The government will cover up to 65% of wage increases for employees in small and medium enterprises (SMEs) under the expanded MicroInvest scheme.
Finance Minister Clyde Caruana announced this measure in Parliament during his 2025 Budget presentation, aiming to help local businesses raise salaries while remaining competitive.
“reward good employers” who invest in their workforce while easing the cost of wage growth in a tight labour market.
- The scheme applies to salary increases spread over two years.
- Refunds will rise to 80% for Gozo-based companies.
Author's summary: Government expands MicroInvest scheme to aid SMEs.