CYPRUS / SALARY

SALARY SURVEYS

626

UPDATED
March 2023
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

0.92 EUR = 1 USD

€42,166 EUR

$45,657 USD

Limassol

€42,472 EUR

€20,318 EUR

$22,000 USD

Including "Limassol"

Excluding "Limassol"

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Average Salary / Cyprus

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Average salary in Cyprus is €42,166 EUR per year. The most typical earning is €20,318 EUR. All data are based on 626 salary surveys. Salaries are different between men and women. Men receive an average salary of €44,976 EUR. Women receive a salary of €37,403 EUR.

The most paid careers are Health Care & Medical with average income €110,087 EUR and Management & Business with income €64,371 EUR.

Based on education, the highest salaries receive people with Doctorate Degree with salary of €58,553 EUR. The second most paid education level is Masters Degree with salary of €45,808 EUR.

Different experiences affect earning as well. People with 20+ Years of experience receive salary of €67,419 EUR. Employees with 16-20 Years of experience receive €54,397 EUR.

Levels / Cyprus (Gross EUR)

Salary Levels (EUR) per Year	Surveys	[%]
€2,800 EUR - €4,599 EUR	0	n/a
€4,600 EUR - €9,199 EUR	6	100% 0.96%
€9,200 EUR - €13,899 EUR	31	99.04% 4.95%
€13,900 EUR - €18,499 EUR	68	94.09% 10.86%
THE MOST TYPICAL SALARY
€18,500 EUR - €23,099 EUR	84	83.23% 13.42%
€23,100 EUR - €27,699 EUR	71	69.81% 11.34%
€27,700 EUR - €32,299 EUR	63	58.47% 10.06%
€32,300 EUR - €36,899 EUR	47	48.4% 7.51%
€36,900 EUR - €41,599 EUR	36	40.89% 5.75%
€41,600 EUR - €46,199 EUR	32	35.14% 5.11%
€46,200 EUR - €50,799 EUR	25	30.03% 3.99%
€50,800 EUR - €55,399 EUR	29	26.04% 4.63%
€55,400 EUR - €59,999 EUR	13	21.41% 2.08%
€60,000 EUR - €64,599 EUR	20	19.33% 3.19%
€64,600 EUR - €69,299 EUR	19	16.13% 3.04%
€69,300 EUR - €73,899 EUR	6	13.1% 0.96%
€73,900 EUR - €78,499 EUR	8	12.14% 1.28%
€78,500 EUR - €83,099 EUR	8	10.86% 1.28%
€83,100 EUR - €87,699 EUR	10	9.58% 1.6%
€87,700 EUR - €92,399 EUR	7	7.99% 1.12%
€92,400 EUR - €96,999 EUR	2	6.87% 0.32%
€97,000 EUR - €101,599 EUR	6	6.55% 0.96%
€101,600 EUR - €106,199 EUR	4	5.59% 0.64%
€106,200 EUR - €110,799 EUR	2	4.95% 0.32%
€110,800 EUR - €115,399 EUR	6	4.63% 0.96%
€115,400 EUR - €120,099 EUR	0	n/a
€120,100 EUR - €124,699 EUR	6	3.67% 0.96%
€124,700 EUR - €129,299 EUR	4	2.72% 0.64%
€129,300 EUR - €133,899 EUR	1	2.08% 0.16%
€133,900 EUR - €138,499 EUR	1	1.92% 0.16%
HIGH SALARIES
€138,500 EUR - €147,799 EUR	2	1.76% 0.32%
€147,800 EUR - €156,999 EUR	1	1.44% 0.16%
€157,000 EUR - €166,199 EUR	1	1.28% 0.16%
€166,200 EUR - €175,499 EUR	0	n/a
€175,500 EUR - €184,699 EUR	0	n/a
€184,700 EUR - €193,899 EUR	1	1.12% 0.16%
€193,900 EUR - €203,199 EUR	0	n/a
€203,200 EUR - €212,399 EUR	1	0.96% 0.16%
€212,400 EUR - €221,699 EUR	0	n/a
€221,700 EUR - €230,899 EUR	2	0.8% 0.32%
€230,900 EUR - €323,199 EUR	3	0.48% 0.48%

Gender / Cyprus (Gross EUR)

#		Surveys		AVERAGE SALARY / YEAR
1	Men	386	€44,976 EUR
2	Women	217	€37,403 EUR

Education / Cyprus (Gross EUR)

#		Surveys
1	Doctorate Degree	27	€58,553 EUR
2	Masters Degree	236	€45,808 EUR
3	Bachelors Degree	255	€41,652 EUR
4	Bellow H. School	7	€41,097 EUR
5	Some College	59	€33,247 EUR
6	High School	42	€27,152 EUR

Experience / Cyprus (Gross EUR)

#		Surveys
1	20+ Years	65	€67,419 EUR
2	16-20 Years	60	€54,397 EUR
3	8-12 Years	120	€50,979 EUR
4	12-16 Years	60	€46,362 EUR
5	4-8 Years	122	€36,018 EUR
6	2-4 Years	93	€29,830 EUR
7	0-1 Year	51	€26,875 EUR
8	1-2 Years	55	€23,827 EUR

Age / Cyprus (Gross EUR)

#		Surveys
1	56-60	8	€79,979 EUR
2	46-50	36	€71,759 EUR
3	51-55	14	€60,954 EUR
4	66-70	2	€55,782 EUR
5	41-45	51	€54,489 EUR
6	36-40	98	€47,378 EUR
7	71-75	1	€43,960 EUR
8	31-35	166	€42,113 EUR
9	n/a	23	€39,620 EUR
10	26-30	143	€32,786 EUR
11	21-25	77	€25,951 EUR
12	14-20	7	€21,334 EUR

Work Type / Cyprus (Gross EUR)

#		Surveys
1	Self Employed	19	€61,693 EUR
2	Permanent	491	€43,868 EUR
3	Contract	102	€33,894 EUR
4	Part Time	14	€16,531 EUR

Cities / Cyprus (Gross EUR)

#		Surveys
1	Limassol	316	€42,483 EUR
2	Nicosia, Cyprus	243	€42,390 EUR
3	--Other--	67	€39,989 EUR

Career Groups / Cyprus (Gross EUR)

#		Surveys
1	Health Care & Medical	5	€110,087 EUR
2	Management & Business	74	€64,371 EUR
3	Engineers & Technicians V	2	€61,231 EUR
4	Aviation & Shipping	9	€56,059 EUR
5	Properties & Real Estates	4	€55,967 EUR
6	Construction & Labor Workers	7	€52,272 EUR
7	Finance & Banking	84	€48,394 EUR
8	Law	21	€45,069 EUR
9	IT & Programming	81	€41,929 EUR
10	Marketing, Sales, Purchase	38	€41,744 EUR
11	Health Care & Medical II	8	€40,543 EUR
12	Engineers & Technicians III	1	€39,989 EUR
13	Media	3	€39,712 EUR
14	Education & University	21	€38,881 EUR
15	IT & Programming II	29	€38,142 EUR
16	Human Resources	38	€37,496 EUR
17	Accounting & Administration	82	€34,263 EUR
18	Engineers & Technicians	18	€33,063 EUR
19	Hotels & Tourism	20	€32,601 EUR
20	Making Design	11	€32,324 EUR
21	Arts, Culture, Performance	1	€31,400 EUR
22	Architect Constructions	6	€31,308 EUR
23	Public Sector	4	€31,031 EUR
24	Automobile	2	€29,738 EUR
25	Engineers & Technicians II	2	€26,967 EUR
26	Logistics, Road, Railway	6	€24,935 EUR
27	Organization & Coordination	6	€24,751 EUR
28	Restaurants, Inns, Pubs	13	€23,458 EUR
29	Security & Fireguard	2	€22,072 EUR
30	Salesmen & Saleswomen	12	€19,394 EUR
31	Customer Services	10	€19,394 EUR
32	Agriculture & Fishing	1	€19,117 EUR
33	Military	1	€16,808 EUR
34	Engineers & Technicians IV	3	€16,623 EUR
35	Insurance	1	€15,700 EUR

Careers / Cyprus (Gross EUR)

#		Surveys
1	Surgeon	3	€147,583 EUR
2	Director	14	€121,446 EUR
3	CEO	5	€105,469 EUR
4	Finance Manager	15	€99,558 EUR
5	Corporate Counsel Lawyer	5	€68,250 EUR
6	IT Project Manager	12	€64,556 EUR
7	Manager	9	€59,938 EUR
8	Accountant Executive	3	€57,998 EUR
9	Other Human Resource Career	4	€57,629 EUR
10	Marketing Manager	10	€56,890 EUR
11	Hotel Manager	7	€54,581 EUR
12	Operations Manager	7	€53,565 EUR
13	Financial Accountant	3	€52,549 EUR
14	Web Designer	3	€52,272 EUR
15	Business Manager	4	€52,088 EUR
16	Other Aviation & Shipping Career	4	€51,441 EUR
17	Pharmacist	4	€50,056 EUR
18	Business Development Manager	6	€49,317 EUR
19	Chartered Accountant	21	€46,177 EUR
20	Stock Broker	4	€46,177 EUR
21	Lead Developer	8	€43,222 EUR
22	Software Engineer	6	€43,129 EUR
23	IT Manager	15	€42,575 EUR
24	Web Developer	10	€42,390 EUR
25	Human Resources Manager	20	€41,744 EUR
26	Other Finance Career	25	€41,005 EUR
27	Lawyer	10	€40,913 EUR
28	Account Manager	4	€40,451 EUR
29	Risk Analyst	4	€39,620 EUR
30	Other Management Career	4	€39,435 EUR
31	Engineer	4	€37,311 EUR
32	Audit Manager	5	€36,849 EUR
33	Engineering Manager	4	€36,849 EUR
34	Risk Manager	8	€35,741 EUR
35	System Administrator	7	€35,649 EUR
36	Java Developer	3	€35,649 EUR
37	Product Manager	3	€35,556 EUR
38	Senior Accountant	5	€35,187 EUR
39	Architect	5	€33,340 EUR
40	Other IT Career	6	€32,601 EUR
41	Lecturer	4	€31,677 EUR
42	Banks	6	€31,123 EUR
43	Accountant	12	€30,200 EUR
44	Software Developer	18	€28,445 EUR
45	Other Public Sector Career	3	€27,798 EUR
46	Financial Analyst	8	€27,244 EUR
47	Marketing	4	€26,967 EUR
48	Sales	5	€26,782 EUR
49	Human Resource Administrator	5	€24,751 EUR
50	Assistant Manager	4	€24,474 EUR
51	Teacher	4	€24,474 EUR
52	Business Administration	4	€24,104 EUR
53	Administrator	4	€23,919 EUR
54	Other Tourism Career	6	€23,642 EUR
55	Waiter or Waitress	4	€22,996 EUR
56	Human Resource	5	€20,225 EUR
57	Civil Engineer	3	€16,623 EUR
58	Bar Manager	4	€14,592 EUR

People's individual salary examples (surveys)

Human Resource And Operations Manager

Posted 29 September 2022
Key knowledge and tasks

"RECRUITMENT, ONBOARDING, TRAINING, PAYROLL, STRATEGY, PERFORMANCE MANAGEMENT, COACHING."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	2-4 Years	Advanced	€21,600 EUR

Financial Analyst

Posted 28 September 2022
Key knowledge and tasks

"Check accurcy of investment models to assess pricing."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	4-8 Years	Advanced	€62,300 EUR

Office Manager

Posted 28 September 2022
Key knowledge and tasks

"Managing the office and company internal events, travels and hr support."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	High School	1-2 Years	Advanced	€14,400 EUR

Security Engineer

Posted 11 September 2022
Key knowledge and tasks

"Firewall, maintaining siem."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	1-2 Years	Expert	€27,500 EUR

Technical Supervisor

Posted 07 September 2022
Key knowledge and tasks

"TASK ALLOCATION, TEAM MANAGEMENT, TECHNICAL ASSISTANCE, CALCULATIONS, SPECIFICATION WRITING."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	2-4 Years	Advanced	€30,200 EUR

Investment Officer

Posted 04 September 2022
Key knowledge and tasks

"Financial Modelling, Feasibility Study, Business Planning and Investment valuation."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Masters Degree	12-16 Years	Advanced	€53,100 EUR

It Support

Posted 01 September 2022
Key knowledge and tasks

"Help desk, 
1st and 2nd level support."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Some College	2-4 Years	Advanced	€22,900 EUR

Clerk

Posted 31 August 2022
Key knowledge and tasks

"Banker."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Masters Degree	16-20 Years	Advanced	€28,600 EUR

Employment Contracts Executive

Posted 20 July 2022
Key knowledge and tasks

"Writing contracts and ensure compliance and tax regulation are in place according the specific countries employment / labour laws."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Masters Degree	2-4 Years	Intermediate	€29,800 EUR

Accountant

Posted 19 July 2022
Key knowledge and tasks

"EXPIRIENCED."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	8-12 Years	Expert	€65,200 EUR

Senior Analyst And Treasury Officer

Posted 14 July 2022
Key knowledge and tasks

"Finance Reporting."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Bachelors Degree	0-1 Year	Advanced	€29,100 EUR

Finance Manager

Posted 13 July 2022
Key knowledge and tasks

"Mange the finance team, financial statement and lead the company."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Masters Degree	16-20 Years	Expert	€77,700 EUR

Technician

Posted 13 June 2022
Key knowledge and tasks

"Irrelevant to the job."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Bachelors Degree	0-1 Year	Basic	€16,400 EUR

Waiter

Posted 11 June 2022
Key knowledge and tasks

"Services at dining room on cruise ship on Danube."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	High School	1-2 Years	Advanced	€25,200 EUR

Infantry

Posted 10 June 2022
Key knowledge and tasks

"Technical."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	High School	2-4 Years	Advanced	€16,800 EUR

Finance Manager

Posted 30 May 2022
Key knowledge and tasks

"BS, CF, IS."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Bachelors Degree	4-8 Years	Intermediate	€30,100 EUR

Analyst

Posted 30 May 2022
Key knowledge and tasks

"Analytics."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Bachelors Degree	1-2 Years	Advanced	€60,300 EUR

Logistics Coordinator

Posted 25 May 2022
Key knowledge and tasks

"- Work with suppliers to know product availability and assure competitive pricing
- Tracking of material deliveries, collection and storing of all shipping documents in a timely and cost effective manner
- Responsible of Shipping, Tracking and Receiving of all project related materials
- Coordinate outbound freight shipments."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Masters Degree	4-8 Years	Advanced	€30,100 EUR

Qa Manager

Posted 15 April 2022
Key knowledge and tasks

"Technical manager, people manager, automation, stlc, testing."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	2-4 Years	Expert	€32,100 EUR

Product Manager

Posted 14 April 2022
Key knowledge and tasks

"Management."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	4-8 Years	Advanced	€52,200 EUR

Head Of Rto

Posted 13 April 2022
Key knowledge and tasks

"Ensuring client orders are received and executed appropriately 
Report to the Board 
Prepare and submit reports for the regulator 
Prepare client reports."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	2-4 Years	Expert	€30,100 EUR

Hr Manager

Posted 18 March 2022
Key knowledge and tasks

"Administrative, corporate decision making, liaising with employees, consulting of the General Manager, liaising with the government authorities, performance appraisal, labour law."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	1-2 Years	Advanced	€16,800 EUR

Operations Manager

Posted 18 February 2022
Key knowledge and tasks

"Management of the company operations."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Masters Degree	1-2 Years	Expert	€62,100 EUR

Recruitment Coordinator

Posted 18 February 2022
Key knowledge and tasks

"Everyting."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Some College	16-20 Years	Expert	€14,900 EUR

Chief Executive Officer

Posted 14 February 2022
Key knowledge and tasks

"Leading the development of the company’s short- and long-term strategy
• Creating and implementing the company or organization’s vision and mission
• Providing leadership and strategic vision to the organization
• Communicating, on behalf of the company, with shareholders & government entities. 
• Assessing risks to the company and ensuring they are monitored and minimized
• Designing and implementing business operations
• Resolving any business operations issues
• Setting strategic goals and making sure they are measurable and describable
• Establishing policies & procedures that promote company culture and growth."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Bachelors Degree	4-8 Years	Expert	€63,100 EUR

Audit Supervisor

Posted 16 January 2022
Key knowledge and tasks

"Supervise audit of local and international companies."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Masters Degree	2-4 Years	Advanced	€29,200 EUR

Senior Software Engineer

Posted 14 January 2022
Key knowledge and tasks

"Working on new features, refactoring code, reviewing code, training, reviewing business logic, researching live support issues."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Masters Degree	2-4 Years	Advanced	€50,500 EUR

Back Office

Posted 13 January 2022
Key knowledge and tasks

"Fund Administration, accounting, ."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	0-1 Year	Intermediate	€21,900 EUR

Usta

Posted 10 January 2022
Key knowledge and tasks

"Stamped concrete."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Bellow H. School	2-4 Years	Advanced	€12,300 EUR

Total Rewards Head

Posted 09 January 2022
Key knowledge and tasks

"Salary and bonus systems development."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Masters Degree	1-2 Years	Intermediate	€105,400 EUR

Lawyer

Posted 05 January 2022
Key knowledge and tasks

"LLB, MsC."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	High School	0-1 Year	Intermediate	€20,400 EUR

Owner

Posted 01 January 2022
Key knowledge and tasks

"Web Developer."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Bachelors Degree	12-16 Years	Advanced	€37,000 EUR

Project Manager

Posted 24 November 2021
Key knowledge and tasks

"EU and domestic project manager."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	0-1 Year	Advanced	€16,000 EUR

Engineer

Posted 19 November 2021
Key knowledge and tasks

"Computer aided design engineer."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Bachelors Degree	0-1 Year	Advanced	€33,600 EUR

Psp Analyst

Posted 08 November 2021
Key knowledge and tasks

"Excel, Analysis."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Masters Degree	0-1 Year	Advanced	€21,500 EUR

Corporate Administrator

Posted 02 November 2021
Key knowledge and tasks

"Administration, legal."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Masters Degree	1-2 Years	Intermediate	€33,600 EUR

Energy

Posted 02 November 2021
Key knowledge and tasks

"ELECTRICITY."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Masters Degree	12-16 Years	Expert	€53,800 EUR

Community Manager

Posted 28 October 2021
Key knowledge and tasks

"Campaign Management
Social Media Management
Reporting
Admin."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Masters Degree	1-2 Years	Advanced	€33,600 EUR

Editor-in-chief

Posted 27 October 2021
Key knowledge and tasks

"Editing."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	High School	4-8 Years	Advanced	€30,600 EUR

Accounting Assistant

Posted 10 October 2021
Key knowledge and tasks

"Payroll, Bookkeeping."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Some College	12-16 Years	Expert	€14,400 EUR

Hr Manager

Posted 30 September 2021
Key knowledge and tasks

"Generalist HR."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Masters Degree	2-4 Years	Advanced	€29,200 EUR

It Support

Posted 25 September 2021
Key knowledge and tasks

"Help desk support, toubleshooting."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Bachelors Degree	0-1 Year	Advanced	€24,500 EUR

Accountant

Posted 20 September 2021
Key knowledge and tasks

"Accountant."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Bachelors Degree	1-2 Years	Advanced	€40,400 EUR

Journalist

Posted 15 September 2021
Key knowledge and tasks

"Writing news stories, covering events."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	4-8 Years	Advanced	€15,700 EUR

General Manager

Posted 09 September 2021
Key knowledge and tasks

"GM and CFO for ASM and Broker."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Masters Degree	8-12 Years	Expert	€87,500 EUR

Computational Support Especialist

Posted 29 August 2021
Key knowledge and tasks

"Programming, support, research."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Doctorate Degree	8-12 Years	Expert	€38,100 EUR

Risk

Posted 24 August 2021
Key knowledge and tasks

"Taskas."

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Masters Degree	8-12 Years	Advanced	€44,900 EUR

International Payroll Manager

Posted 23 August 2021
Key knowledge and tasks

"Payroll, HR and Compliance."

City	Education	Experience	Knowledge	Gross salary / year
--Other--	Masters Degree	8-12 Years	Expert	€44,900 EUR

Director

Posted 20 August 2021
Key knowledge and tasks

"Business Development."

City	Education	Experience	Knowledge	Gross salary / year
Nicosia, Cyprus	Masters Degree	16-20 Years	Expert	€78,500 EUR

Risk Manager

Posted 20 August 2021

City	Education	Experience	Knowledge	Gross salary / year
Limassol	Masters Degree	2-4 Years	Advanced	€67,300 EUR

ECONOMY / Cyprus

Cyprus is among the most prosperous countries in the Mediterranean and it's ranked on the world's 23rd position regarding to the life quality index. Market oriented economic system, dynamic and flexible entrepreneurship with a highly educated employees lead countries economy to success.

The largest industry in Cyprus is tourism, followed by financial services and real estate. Since tourism is the leading Cyprus industry, the country is highly dependent on the economy of other European nations.