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Information Technology Average Salaries in Cyprus 2022

How much money does a person working in Information Technology make in Cyprus?


Average Monthly Salary
2,170 EUR
( 26,100 EUR yearly)

LOW
1,130
EUR
AVERAGE
2,170
EUR
HIGH
3,540
EUR

A person working in Information Technology in Cyprus typically earns around 2,170 EUR per month. Salaries range from 1,130 EUR (lowest average) to 3,540 EUR (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Information Technology careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
2nd Line Systems Engineer2,020 EUR
ABAP Developer1,940 EUR
Advertising Account Planner1,800 EUR
Android Developer1,970 EUR
Angular Developer1,900 EUR
Application Consultant2,510 EUR
Applications System Specialist1,860 EUR
Artificial Intelligence and Machine Learning Specialist2,450 EUR
Artificial Intelligence Developer2,590 EUR
AS400 Programmer2,260 EUR
Assistant Information Technology Manager2,520 EUR
Assistant Service Delivery Manager2,380 EUR
Avaloq Developer2,020 EUR
BizTalk Developer 2,170 EUR
Blockchain Associate2,050 EUR
Blockchain Developer1,840 EUR
Build and Release Engineer1,980 EUR
Business Intelligence Analyst2,200 EUR
Business Intelligence Developer2,200 EUR
Business Objects Developer2,000 EUR
Business Process Consultant2,190 EUR
Business Systems Analyst1,870 EUR
C# Developer2,190 EUR
C++ Developer2,330 EUR
Capacity Planning Manager2,750 EUR
Change Administrator1,870 EUR
Chief Information Security Officer3,160 EUR
Client Delivery Manager2,780 EUR
CMS Developer1,810 EUR
Computer Animator1,780 EUR
Computer Hardware Engineer1,810 EUR
Computer Networks Architect2,080 EUR
Computer Operator1,470 EUR
Computer Technician1,620 EUR
Copy Editor1,650 EUR
CRM Application Administrator1,960 EUR
Cross Platform Security Manager2,800 EUR
Curam Developer1,680 EUR
Data Analyst2,000 EUR
Data Architect2,050 EUR
Data Center Technician1,760 EUR
Data Entry Supervisor1,400 EUR
Data Manager2,580 EUR
Data Modeling Analyst2,080 EUR
Data Quality Analyst1,950 EUR
Data Security Analyst1,960 EUR
Data Security Manager2,740 EUR
Data Warehousing Manager2,630 EUR
Data Warehousing Specialist1,990 EUR
Database Administration Manager2,620 EUR
Database Administrator2,060 EUR
Database Analyst2,260 EUR
Database Developer2,110 EUR
Database Report Writer2,060 EUR
Delivery Manager2,050 EUR
Developer / Programmer2,080 EUR
Development Manager2,900 EUR
Director of Application Development3,090 EUR
Director of Technology3,610 EUR
Disaster Recovery Analyst2,060 EUR
Documentation Specialist1,820 EUR
E-Commerce Manager2,480 EUR
E-Commerce Marketing Analyst2,510 EUR
E-Commerce Marketing Manager2,620 EUR
E-Commerce Sales Manager2,610 EUR
E-Commerce Strategy Manager2,920 EUR
Enterprise Architecture Manager2,510 EUR
Enterprise Infrastructure Architect2,670 EUR
Enterprise Infrastructure Manager3,260 EUR
ERP / CRM Technical Consultant2,190 EUR
ERP Analyst2,110 EUR
ERP Project Manager2,730 EUR
Ethical Hacker1,810 EUR
Financial Systems Manager3,130 EUR
Flash Developer1,700 EUR
Front End Developer1,740 EUR
Full Stack Developer2,070 EUR
Functional Analyst2,140 EUR
Game Developer1,930 EUR
GIS Analyst1,930 EUR
GIS Developer2,020 EUR
Global BI Analyst2,320 EUR
Graphical User Interface ( GUI ) Programmer1,830 EUR
Graphics Programmer1,800 EUR
Graphics Web Designer1,670 EUR
Hardware Design Engineer2,000 EUR
Hardware Engineering Manager2,970 EUR
Hardware Technician1,530 EUR
Head of Development2,900 EUR
Help Desk Analyst2,060 EUR
Help Desk Manager2,280 EUR
Help Desk Support1,480 EUR
Helpdesk Manager2,270 EUR
Imaging Programmer1,750 EUR
Informatics Optimization Specialist2,110 EUR
Information Assurance Analyst2,160 EUR
Information Program Director2,950 EUR
Information Security Administrator2,350 EUR
Information Security Analyst2,430 EUR
Information Security Engineer2,040 EUR
Information Security Manager2,920 EUR
Information Security Specialist2,540 EUR
Information Services Consultant2,410 EUR
Information Technology Administrator1,660 EUR
Information Technology Asset Manager2,820 EUR
Information Technology Consultant2,380 EUR
Information Technology Coordinator1,720 EUR
Information Technology Director3,580 EUR
Information Technology Infrastructure Engineer1,750 EUR
Information Technology Manager3,510 EUR
Information Technology Operations Manager3,220 EUR
Information Technology Product Manager2,950 EUR
Information Technology Project Administrator1,740 EUR
Information Technology Project Coordinator2,180 EUR
Information Technology Project Leader2,410 EUR
Information Technology Project Manager3,270 EUR
Information Technology Quality Assurance Manager2,400 EUR
Information Technology Quality Assurance Team Lead (QA)2,160 EUR
Information Technology Quality Specialist2,120 EUR
Information Technology Support1,410 EUR
Information Technology Team Leader2,400 EUR
Information Technology Trainer2,040 EUR
Information Technology Training Analyst2,020 EUR
Interface Design Manager2,700 EUR
Interface Designer1,620 EUR
IOS Developer2,280 EUR
Java Developer2,290 EUR
Javascript Developer2,080 EUR
Lead Developer2,420 EUR
Linux Administrator2,060 EUR
Lotus Domino Administrator2,200 EUR
Lotus Notes Developer2,000 EUR
Mail Server Administrator1,980 EUR
Major Incident Manager2,360 EUR
Managed Service Specialist2,040 EUR
Microsystems Engineer2,130 EUR
Mobile Developer2,040 EUR
Multimedia Developer1,770 EUR
Multimedia Services Manager2,240 EUR
Network Administration Team Lead2,420 EUR
Network Administrator1,740 EUR
Network Analyst1,950 EUR
Network and Infrastructure Manager3,050 EUR
Network Engineer1,780 EUR
Network Engineering Manager2,460 EUR
Network Security Systems Manager2,510 EUR
Network Specialist2,100 EUR
Network Technician1,590 EUR
Nodejs Developer2,250 EUR
NT Systems Administrator1,870 EUR
Numerical Control Programmer1,680 EUR
Online Banking Manager3,260 EUR
Online Banking Specialist2,570 EUR
OPS Manager2,750 EUR
Oracle Database Administrator2,000 EUR
Oracle Developer2,120 EUR
Perl Developer1,820 EUR
PHP Developer1,820 EUR
Python Developer2,260 EUR
Records Manager1,720 EUR
Remedy Developer1,630 EUR
Reporting Analyst2,080 EUR
Ruby Developer1,940 EUR
Salesforce Administrator2,040 EUR
Salesforce Developer1,610 EUR
SAP Consultant2,180 EUR
SAS Programmer1,790 EUR
Scrum Master1,710 EUR
SEO Associate1,690 EUR
SEO Manager2,590 EUR
Service Delivery Manager2,600 EUR
Service Level Manager2,670 EUR
Service Support Lead1,990 EUR
SharePoint Administrator1,940 EUR
Sharepoint Consultant2,050 EUR
Sharepoint Developer2,080 EUR
Shift Leader2,200 EUR
SOA Analyst2,000 EUR
SOC Engineer2,060 EUR
Software Analyst1,990 EUR
Software Architect2,050 EUR
Software Development Manager2,770 EUR
Software Engineer1,980 EUR
Software QA Engineer1,840 EUR
Software Sales1,820 EUR
Software Specialist1,730 EUR
Software Support Engineer1,640 EUR
Software Test Engineer1,840 EUR
Solutions Architect2,730 EUR
Storage Engineer1,680 EUR
Supervisor1,430 EUR
Support Analyst1,880 EUR
Support Specialist2,200 EUR
System Administrator1,790 EUR
Systems Analyst2,040 EUR
Systems Architect2,010 EUR
Systems Consultant2,540 EUR
Systems Engineer1,610 EUR
Systems Integrator2,050 EUR
Technical Analyst1,860 EUR
Technical Consultant2,290 EUR
Technical Manager2,290 EUR
Technical Project Manager2,710 EUR
Technical Sales2,060 EUR
Technical Trainer2,080 EUR
Technical Writer1,920 EUR
Technology Business Analyst2,170 EUR
Technology Director3,340 EUR
Technology Specialist2,460 EUR
Teradata Developer1,720 EUR
Test Analyst1,940 EUR
Tester1,730 EUR
Testing Manager2,820 EUR
TIBCO Developer1,770 EUR
UNIX Administrator2,110 EUR
Usability Engineer1,880 EUR
User Experience Consultant2,220 EUR
User Experience Design Expert2,180 EUR
User Experience Designer1,810 EUR
User Experience Researcher2,100 EUR
User Interface Designer2,020 EUR
VB Developer1,670 EUR
VB.NET Developer2,120 EUR
Video Game Designer1,870 EUR
Visual Information Specialist1,920 EUR
Web Applications Manager2,380 EUR
Web Content Specialist2,230 EUR
Web Designer1,880 EUR
Web Developer1,830 EUR
Web Editor1,620 EUR
Web Project Manager2,230 EUR
Web Promotions Specialist2,040 EUR
Web Security Administrator2,030 EUR
Web Security Manager3,090 EUR
Web Support Analyst1,600 EUR
Web Writer1,610 EUR
Webmaster1,790 EUR
Windows System Administrator1,810 EUR
Wireless Consultant2,400 EUR
Writer and Documentor1,830 EUR

Information Technology Jobs Salary Distribution in Cyprus

Median and salary distribution monthly Cyprus Information Technology
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The median, the maximum, the minimum, and the range

  • Salary Range

    Information Technology salaries in Cyprus range from 1,130 EUR per month (minimum average salary) to 3,540 EUR per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 2,040 EUR per month, which means that half (50%) of people working in Information Technology are earning less than 2,040 EUR while the other half are earning more than 2,040 EUR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Information Technology are earning less than 1,430 EUR while 75% of them are earning more than 1,430 EUR. Also from the diagram, 75% of people working in Information Technology are earning less than 2,620 EUR while 25% are earning more than 2,620 EUR.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Cyprus costs anywhere from 10,800 Euro(s) to 32,500 Euro(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Information Technology Salary Comparison By Gender

Salary comparison by gender monthly Cyprus Information Technology
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in Cyprus who work in Information Technology earn 6% more than their female counterparts on average.

Male
2,230 EUR
Female-6%
2,100 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Cyprus for all Careers

Salary comparison by gender monthly Cyprus
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Information Technology Average Annual Salary Increment Percentage in Cyprus

How much are annual salary increments in Cyprus for Information Technology professionals? How often do employees get salary raises?

Information Technology

Information Technology professionals in Cyprus are likely to observe a salary increase of approximately 6% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Cyprus Information Technology
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Cyprus / All Professions

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in Cyprus is 2%.

Annual Increment Rate By Industry 2021

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Listed above are the average annual increase rates for each industry in Cyprus for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.


Worldwide Salary Raises: All Countries and All Jobs

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Information Technology Bonus and Incentive Rates in Cyprus

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Cyprus Information Technology
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Information Technology is considered to be a moderate bonus-based field due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

68% of surveyed staff in Information Technology reported that they haven't received any bonuses or incentives in the previous year while 32% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus
32%
No Bonus
68%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Information Technology Hourly Average Wage in Cyprus


13 EUR per hour

The average hourly wage (pay per hour) in Cyprus is 13 EUR. This means that the average person in Cyprus earns approximately 13 EUR for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Information Technology VS Other Jobs

Salary Comparison Between Information Technology and Information Technology monthly Cyprus
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The average salary for Information Technology is 0% more than that of All Jobs.

Salary Comparison By City

CityAverage Salary
Larnaka1,910 EUR
Limassol2,260 EUR
Nicosia2,090 EUR

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in Cyprus earn 18% more than their private sector counterparts on average across all sectors.

Private Sector
1,950 EUR
Public Sector+18%
2,290 EUR
Percentage increase and decrease are relative to the previous value

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