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Jeweler Average Salary in Cyprus 2023

How much money does a person working as Jeweler make in Cyprus?


Average Monthly Salary
1,640 EUR
( 19,600 EUR yearly)

LOW
770
EUR
AVERAGE
1,640
EUR
HIGH
2,580
EUR

A person working as Jeweler in Cyprus typically earns around 1,640 EUR per month. Salaries range from 770 EUR (lowest) to 2,580 EUR (highest).

This is the average monthly salary including housing, transport, and other benefits. Jeweler salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Jeweler Pay Scale and Salaries in Cyprus

Median and salary distribution Cyprus Jeweler monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
1,540 EUR or more
10% of people earn
1,350 to 1,540 EUR
20% of people earn
940 EUR or less
65% of people earn
940 to 1,350 EUR
Minimum Salary
770 EUR
Median
1,550 EUR
Maximum
2,580 EUR


Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

  • Salary Range, Minimum Wage, and Starting Salary

    Jeweler salaries in Cyprus range from 770 EUR per month (starting salary) to 2,580 EUR per month (maximum salary). This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country.

  • Median Salary

    The median salary is 1,550 EUR per month, which means that half (50%) of people working as Jeweler(s) are earning less than 1,550 EUR while the other half are earning more than 1,550 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 and Salary Scale

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Jeweler(s) are earning less than 1,260 EUR while 75% of them are earning more than 1,260 EUR. Also from the diagram, 75% of Jeweler(s) are earning less than 1,780 EUR while 25% are earning more than 1,780 EUR.

  • Pay Scale Structure

    We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. Around 65% of all reported figures are in the range 940 EUR to 1,350 EUR. Approximatly 20% fall under the 940 EUR cap. Ten percent of wages are from 1,350 EUR to 1,540 EUR. Only 5% of people grossed 1,540 EUR or more.

Jeweler Salary Comparison by Years of Experience

How does experience and age affect your pay?

Jeweler average salary change by experience in Cyprus

0 - 2 Years
890 EUR
2 - 5 Years+38%
1,220 EUR
5 - 10 Years+42%
1,740 EUR
10 - 15 Years+22%
2,120 EUR
15 - 20 Years+6%
2,240 EUR
20+ Years+9%
2,440 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Cyprus Jeweler
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Jeweler salaries by experience level and this is what we found.

Employees with less than two years of experience makes approximately 890 EUR per month.

While someone with an experience level between two and five years is expected to earn 1,220 EUR per month, 38% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 1,740 EUR per month, 42% more than someone with two to five years of experience.

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.

Additionally, Jeweler whose expertise span anywhere between ten and fifteen years get a salary equivalent to 2,120 EUR per month, 22% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 2,240 EUR per month, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 2,440 EUR per month, 9% more than people with fifteen to twenty years of experience.


Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Jeweler Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Jeweler(s) who have the same experience but different education levels.

Jeweler average salary difference by education level in Cyprus

High School
1,110 EUR
Certificate or Diploma+81%
2,020 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Cyprus Jeweler
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Jeweler salaries by education level in order to make a comparison.

When the education level is High School, the average salary is 1,110 EUR per month.

While someone with a Certificate or Diploma gets a salary of 2,020 EUR per month, 81% more than someone having a High School degree.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender - Jeweler

Salary comparison by gender Cyprus Jeweler monthly
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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 Jeweler employees in Cyprus earn 6% less than their female counterparts on average.

Male
1,590 EUR
Female+6%
1,690 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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Jeweler Average Annual Salary Increment Percentage in Cyprus

How much are annual salary increments in Cyprus for Jeweler(s)? How often do employees get salary raises?

Jeweler

Jeweler(s) in Cyprus are likely to observe a salary increase of approximately 7% every 29 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Cyprus Jeweler
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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

Annual Salary Increment Rate Cyprus
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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 2022

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 2022. 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

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Jeweler Bonus and Incentive Rates in Cyprus

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Cyprus Jeweler
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"Jeweler" is considered to be a moderate bonus-based job. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.

60% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 40% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
40%
No Bonus
60%

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.

Jeweler Salary Trend and Forecast in Cyprus

How are Jeweler salaries changing over time? Listed below is a chart that shows the average salary in recent years.

Average Salary 2019
1,490 EUR
Average Salary 2020+3%
1,530 EUR
Average Salary 2021+2%
1,570 EUR
Average Salary 2022+2%
1,610 EUR
Percentage increase and decrease are relative to the previous value

Jeweler salaries in Cyprus are on the rise in the year 2023 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2022 are 2% higher than those of 2021. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from industry to another.

Salary trends and forecast monthly Cyprus Jeweler
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Jeweler Average Hourly Wage in Cyprus


9 EUR per hour

The average hourly wage (pay per hour) in Cyprus is 9 EUR. This means that the average Jeweler in Cyprus earns approximately 9 EUR for every worked hour.


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

About The Hourly Pay Rate

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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for 'Jeweler' in Cyprus is 4 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Jeweler VS Other Jobs

1,640 EUR
1,780 EUR
2,160 EUR
Average Salary
Jeweler
Average Salary
Fashion and Apparel
Average Salary
All Jobs

The average salary for Jeweler is 8% less than that of Fashion and Apparel. Also, Fashion and Apparel salaries are 18% less than those of All Jobs.

Salary Comparison Between Jeweler and Fashion and Apparel monthly Cyprus
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Salary comparison with similar jobs

Job TitleAverage Salary
Alterations Specialist900 EUR-45%
Barber860 EUR-47%
Bench Jeweler720 EUR-56%
Clothing and Textile Technologist1,820 EUR+11%
Cosmetology Educator2,030 EUR+24%
Diamond Setter920 EUR-44%
Fabric Manager2,130 EUR+30%
Fashion Design Manager3,270 EUR+100%
Fashion Merchandiser1,320 EUR-19%
Fashion Model1,940 EUR+19%
Freelance Fashion Stylist3,090 EUR+89%
Garment Technologist1,810 EUR+11%
Hairstylist950 EUR-42%
Jeweler1,640 EUR+0%
Jewelry Mold Maker1,100 EUR-33%
Jewelry Polisher690 EUR-58%
Jewelry Sales1,420 EUR-13%
Plating Manager2,220 EUR+36%
Product Development Manager3,970 EUR+140%
Sewing Machine Operator670 EUR-59%
Shoe Sales1,010 EUR-38%
Supply Chain Manager3,470 EUR+110%
Tailor / Fitter870 EUR-47%
Trend Forecaster2,120 EUR+30%
Visual Merchandising Coordinator1,460 EUR-11%
Visual Merchandising Projects Manager2,960 EUR+81%

Salary Comparison By City

CityAverage Salary
Larnaka1,520 EUR
Limassol1,740 EUR
Nicosia1,550 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

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for Jeweler in Cyprus?

A good and competitive compensation would range anywhere between 1,550 EUR and 1,780 EUR. This is a very rough estimate and your experience and education will play a very huge part into your final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salart after tax for every career.

Base / Basic Salary

The base salary for Jeweler in Cyprus is ranges from 1,260 EUR to 1,780 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range in a grain of salt.


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


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