Jeweler Average Salary in Cyprus 2023
How much money does a person working as Jeweler make in Cyprus?
LOW
770
EUR AVERAGE
1,640
EUR HIGH
2,580
EUR
A person working as Jeweler in Cyprus typically earns around 1,640 EUR. Salaries range from 770 EUR (lowest) to 2,580 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Jeweler salaries in Cyprus 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
Salary Structure and Pay Scale Comparison
1,540 EUR or more
1,350 to 1,540 EUR
940 EUR or less
940 to 1,350 EUR
 770 EUR |
1,550 EUR |
2,580 EUR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Jeweler in Cyprus range from 770 EUR (starting salary) to 2,580 EUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 1,550 EUR, half of the professionals who work as Jeweler in Cyprus earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Jeweler in Cyprus earn less than 1,260 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 1,780 EUR while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Jeweler in Cyprus compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 940 EUR to 1,350 EUR. About 20% of salaries are below the 940 EUR mark, while 10% fall within the range of 1,350 EUR to 1,540 EUR. Only 5% of individuals have salaries exceeding 1,540 EUR.
Salary Comparison by Years of Experience / Jeweler / Cyprus
How do experience and age affect pay?
| 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 |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Jeweler and this is what we found.
Employees with less than two years of experience earn approximately 890 EUR.
While someone with an experience level between two and five years is expected to earn 1,220 EUR, 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, 42% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 2,120 EUR, 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, 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, 9% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Jeweler / Cyprus
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Jeweler.
| High School | 1,110 EUR | |
| Certificate or Diploma | +81% | 2,020 EUR |
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 salaries by education level for the position Jeweler in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 1,110 EUR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 2,020 EUR, 81% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Jeweler / Cyprus
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Jeweler in Cyprus, the average difference between the salary of male and female employees is 6%.
| Male | 1,590 EUR | |
| Female | +6% | 1,690 EUR |
Salary Comparison By Gender in Cyprus for all Careers
Average Annual Salary Increment Percentage / Jeweler / Cyprus
How much are annual salary increments in Cyprus for individuals working as Jeweler? How often do employees get salary raises?
Individuals working as Jeweler 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.
Cyprus / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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
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
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.
Bonus and Incentive Rates / Jeweler / Cyprus
How much and how often are bonuses being awarded?
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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 BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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.
Salary Trend and Forecast / Jeweler / Cyprus
How are 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 |
Salaries for individuals working as Jeweler in Cyprus are on the rise in the year 2023 based on recently submitted salaries and reports. The trend suggests a slow yet continuous increase in pay in 2024 and future years. These numbers may vary from one industry to another.
Average Hourly Wage / Jeweler / Cyprus
9 EUR per hourThe average hourly wage (pay per hour) for individuals working as Jeweler in Cyprus is 9 EUR.This is the rate they get paid for every worked hour.
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 fixed 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 people working as 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
Salary comparison with similar jobs
| Job Title | Average Salary |
| Alterations Specialist | 900 EUR |  -45% |
| Barber | 860 EUR | -47% |
| Bench Jeweler | 720 EUR | -56% |
| Clothing and Textile Technologist | 1,820 EUR |  +11% |
| Cosmetology Educator | 2,030 EUR | +24% |
| Diamond Setter | 920 EUR | -44% |
| Fabric Manager | 2,130 EUR | +30% |
| Fashion Design Manager | 3,270 EUR | +100% |
| Fashion Merchandiser | 1,320 EUR | -19% |
| Fashion Model | 1,940 EUR | +19% |
| Freelance Fashion Stylist | 3,090 EUR | +89% |
| Garment Technologist | 1,810 EUR | +11% |
| Hairstylist | 950 EUR | -42% |
| Jeweler | 1,640 EUR | +0% |
| Jewelry Mold Maker | 1,100 EUR | -33% |
| Jewelry Polisher | 690 EUR | -58% |
| Jewelry Sales | 1,420 EUR | -13% |
| Plating Manager | 2,220 EUR | +36% |
| Product Development Manager | 3,970 EUR | +140% |
| Sewing Machine Operator | 670 EUR | -59% |
| Shoe Sales | 1,010 EUR | -38% |
| Supply Chain Manager | 3,470 EUR | +110% |
| Tailor / Fitter | 870 EUR | -47% |
| Trend Forecaster | 2,120 EUR | +30% |
| Visual Merchandising Coordinator | 1,460 EUR | -11% |
| Visual Merchandising Projects Manager | 2,960 EUR | +81% |
Salary Comparison By City
| City | Average Salary |
| Larnaka | 1,520 EUR |
| Limassol | 1,740 EUR |
| Nicosia | 1,550 EUR |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Cyprus is 18% on average across all career fields.
| Private Sector | 1,950 EUR | |
| Public Sector | +18% | 2,290 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title 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. Experience and education play a very huge part in the 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 salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Jeweler in Cyprus 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 with 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 the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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
