Currency
Euro (EUR)
Capital
Nicosia
Official language
Greek and Turkish
Salary Cycle
Monthly
Our Guide in Cyprus
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Understanding Salaries in Cyprus: Key Insights for Employers and Professionals
The labor market in Cyprus offers competitive compensation across various industries, making it an attractive destination for both local talent and international businesses. With a stable economy and strategic location at the crossroads of Europe, Asia, and Africa, Cyprus continues to draw interest from global employers and job seekers alike.
Average and Minimum Wage Overview
In Cyprus, the average annual salary stands at approximately €24,720 (around $26,752), reflecting the overall income level for full-time professionals. At the same time, the statutory minimum wage is set at €5,200 per year (approximately $5,627), providing a baseline for entry-level or support roles, particularly in sectors like retail, hospitality, and administrative services.
Popular Job Roles and Their Market Salaries
Demand for skilled professionals varies across sectors, with leadership, technology, and operations roles commanding higher compensation. Below is a breakdown of common positions and their average annual earnings in U.S. dollars:
| Job Title | Role (English) | Average Annual Salary (USD) |
|---|---|---|
| Sales Director / Country Manager | Sales Director | $48,198.86 |
| Sales Manager / Key Account Executive | Sales Manager | $47,051.78 |
| Pre-sales Engineer | Pre-sales Engineer | $20,777.23 |
| Operations Engineer | Operations Engineer | $21,648.03 |
| Software Development Engineer | Software Development Engineer | $37,061.42 |
| Operations Director / Operations Manager | Operations Director | $46,908.59 |
| Logistics Manager | Logistics Manager | $34,656.51 |
| Production Manager / Plant Supervisor | Production Manager | $42,661.92 |
| Quality Manager | Quality Manager | $31,038.65 |
| Customer Service Representative / E-commerce Support | Customer Service | $10,237.99 |
These figures highlight the premium placed on managerial expertise and technical capabilities, especially in sales, software development, and production leadership. Meanwhile, customer-facing support roles remain on the lower end of the pay scale, consistent with regional labor trends.
Trends and Considerations
Cyprus has seen gradual wage growth in recent years, particularly in tech and export-oriented manufacturing. Companies expanding into Cyprus often leverage local hiring platforms and compliance partners such as SailGlobal to ensure accurate payroll administration and adherence to labor laws. Additionally, expatriate assignments may include supplementary benefits to align with home-country standards while respecting local economic conditions.
For multinational organizations, understanding these salary benchmarks supports better workforce planning, competitive offer structuring, and long-term talent retention in Cyprus.
Disclaimer
The information and opinions provided are for reference only and do not constitute legal, tax, or other professional advice. Sailglobal strives to ensure the accuracy and timeliness of the content; however, due to potential changes in industry standards and legal regulations, Sailglobal cannot guarantee that the information is always fully up-to-date or accurate. Please carefully evaluate before making any decisions. Sailglobal shall not be held liable for any direct or indirect losses arising from the use of this content.Hire easily in Cyprus
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