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Purchasing and Sales Executive Average Salary in Cyprus 2024

How much money does a person working as Purchasing and Sales Executive make in Cyprus?


Average Monthly Salary
3,660 EUR
( 44,000 EUR yearly)

LOW
1,760
EUR
AVERAGE
3,660
EUR
HIGH
5,750
EUR
All salary figures displayed here are per month except when noted otherwise.
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.

A person working as Purchasing and Sales Executive in Cyprus typically earns around 3,660 EUR. Salaries range from 1,760 EUR (lowest) to 5,750 EUR (highest).


Salary Variance

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



Purchasing and Sales Executive Pay Scale and Salaries in Cyprus

Median and salary distribution Cyprus Purchasing and Sales Executive monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
3,420 EUR or more
10% of people earn
3,020 to 3,420 EUR
20% of people earn
2,120 EUR or less
65% of people earn
2,120 to 3,020 EUR
Minimum Salary
1,760 EUR
Median
3,450 EUR
Maximum
5,750 EUR




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

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Purchasing and Sales Executive in Cyprus range from 1,760 EUR (starting salary) to 5,750 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 3,450 EUR, half of the professionals who work as Purchasing and Sales Executive 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 Purchasing and Sales Executive in Cyprus earn less than 2,800 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 3,950 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 Purchasing and Sales Executive in Cyprus compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 2,120 EUR to 3,020 EUR. About 20% of salaries are below the 2,120 EUR mark, while 10% fall within the range of 3,020 EUR to 3,420 EUR. Only 5% of individuals have salaries exceeding 3,420 EUR.

Salary Comparison by Years of Experience / Purchasing and Sales Executive / Cyprus

How do experience and age affect pay?

0 - 2 Years
2,060 EUR
2 - 5 Years+42%
2,920 EUR
5 - 10 Years+31%
3,830 EUR
10 - 15 Years+23%
4,710 EUR
15 - 20 Years+6%
5,010 EUR
20+ Years+10%
5,490 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Cyprus Purchasing and Sales Executive
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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. We broke down salaries by experience level for people working as Purchasing and Sales Executive and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 2,060 EUR.

While someone with an experience level between two and five years is expected to earn 2,920 EUR, 42% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 3,830 EUR, 31% 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 4,710 EUR, 23% 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 5,010 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 5,490 EUR, 10% more than people with fifteen to twenty 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.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Purchasing and Sales Executive / Cyprus

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Purchasing and Sales Executive.

High School
2,560 EUR
Certificate or Diploma+16%
2,960 EUR
Bachelor's Degree+46%
4,310 EUR
Master's Degree+23%
5,310 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Cyprus Purchasing and Sales Executive
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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 salaries by education level for the position Purchasing and Sales Executive in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 2,560 EUR.


Level 2: Certificate or Diploma

At this level, the average salary becomes 2,960 EUR, 16% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 4,310 EUR, 46% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 5,310 EUR, 23% more than the previous level.



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 10,900 EUR to 32,600 EUR 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 to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Purchasing and Sales Executive / Cyprus

Salary comparison by gender Cyprus Purchasing and Sales Executive 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? For the people who work as Purchasing and Sales Executive in Cyprus, the average difference between the salary of male and female employees is 5%.

Male
3,770 EUR
Female-5%
3,580 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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Average Annual Salary Increment Percentage / Purchasing and Sales Executive / Cyprus

How much are annual salary increments in Cyprus for individuals working as Purchasing and Sales Executive? How often do employees get salary raises?

Individuals working as Purchasing and Sales Executive in Cyprus are likely to observe a salary increase of approximately 9% 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 Purchasing and Sales Executive
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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 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

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

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.



Bonus and Incentive Rates / Purchasing and Sales Executive / Cyprus

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Cyprus Purchasing and Sales Executive
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34% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 66% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.

Received Bonus
66%
No Bonus
34%

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.

Average Hourly Wage / Purchasing and Sales Executive / Cyprus


21 EUR per hour

The average hourly wage (pay per hour) for individuals working as Purchasing and Sales Executive in Cyprus is 21 EUR.This is the rate they get paid 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 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 Purchasing and Sales Executive in Cyprus is 10 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Sales Retail and Wholesale-100%
Account Manager2,380 EUR-35%
Account Officer1,280 EUR-65%
Area Manager2,750 EUR-25%
Area Sales Director4,500 EUR+23%
Area Sales Manager3,540 EUR-3%
Assisstant Store Supervisor1,430 EUR-61%
Assistant Department Manager1,650 EUR-55%
Assistant Retail Store Manager1,950 EUR-47%
Branch Manager2,560 EUR-30%
Branch Supervisor2,290 EUR-37%
Cashier810 EUR-78%
Cashier Manager1,850 EUR-49%
Commercial Sales Manager3,600 EUR-2%
Conversion Rate Optimization Specialist2,900 EUR-21%
Corporate Sales Manager2,920 EUR-20%
Data-driven Sales Analyst2,410 EUR-34%
Depot Manager2,470 EUR-33%
Depot Supervisor2,170 EUR-41%
Deputy Sales Manager2,310 EUR-37%
Direct-to-Consumer Sales Executive2,940 EUR-20%
Director of Sales4,290 EUR+17%
Distribution Director2,780 EUR-24%
District Leader2,160 EUR-41%
District Manager2,580 EUR-30%
District Sales Manager2,750 EUR-25%
E-commerce Consultant2,460 EUR-33%
External Sales Account Manager2,510 EUR-31%
Field Sales Representative1,750 EUR-52%
Furniture Sales Associate1,180 EUR-68%
Global Wholesale Manager4,540 EUR+24%
Head Cashier1,680 EUR-54%
Head of Direct Sales3,080 EUR-16%
Head of Retail3,230 EUR-12%
Head Teller1,610 EUR-56%
Inside Sales1,370 EUR-63%
Inside Sales Account Manager2,120 EUR-42%
Inside Sales Engineer1,540 EUR-58%
Inside Sales Executive2,170 EUR-41%
Inside Sales Representative1,400 EUR-62%
Internal Sales Manager2,480 EUR-32%
Inventory Manager2,410 EUR-34%
Key Account Manager2,560 EUR-30%
Medical Device Sales2,040 EUR-44%
Medical Device Sales Representative1,950 EUR-47%
Merchandiser1,660 EUR-55%
Mobile App Sales Representative2,070 EUR-43%
National Account Manager3,340 EUR-9%
National Customer Solution Specialist2,920 EUR-20%
National Sales Manager4,290 EUR+17%
Omni-Channel Sales Coordinator2,160 EUR-41%
Online Crafts Merchant1,790 EUR-51%
Online Marketplace Manager2,710 EUR-26%
Outside Sales Representative1,740 EUR-52%
Parts Salesperson1,410 EUR-62%
Personalization Strategist2,680 EUR-27%
Project Development Manager2,840 EUR-22%
Project Manager2,820 EUR-23%
Project Sales Executive2,600 EUR-29%
Purchasing and Sales Executive3,660 EUR-0%
Quotation Engineer1,430 EUR-61%
Regional Sales Director4,470 EUR+22%
Regional Sales Manager4,420 EUR+21%
Relationship Manager2,970 EUR-19%
Retail Merchandiser1,030 EUR-72%
Retail Operations Manager2,520 EUR-31%
Retail Sales Associate2,040 EUR-44%
Retail Sales Representative1,570 EUR-57%
Retail Salesperson1,430 EUR-61%
Retail Store Manager2,610 EUR-29%
Retail Store Sales Person1,420 EUR-61%
Revenue Manager2,480 EUR-32%
Sales Account Manager2,990 EUR-18%
Sales Admin Executive3,520 EUR-4%
Sales Administration Manager3,080 EUR-16%
Sales Analyst2,550 EUR-30%
Sales Assistant1,010 EUR-72%
Sales Associate1,340 EUR-63%
Sales Consultant2,060 EUR-44%
Sales Coordinator1,470 EUR-60%
Sales Development Representative1,680 EUR-54%
Sales Director4,020 EUR+10%
Sales Engineer1,500 EUR-59%
Sales Executive2,600 EUR-29%
Sales Manager3,660 EUR-0%
Sales Officer1,450 EUR-60%
Sales Planner2,140 EUR-42%
Sales Planning Analyst2,370 EUR-35%
Sales Representative1,320 EUR-64%
Sales Service Associate1,350 EUR-63%
Sales Specialist2,030 EUR-45%
Sales Supervisor2,170 EUR-41%
Sales Support990 EUR-73%
Sales Support Manager2,200 EUR-40%
Sales Team Leader2,290 EUR-37%
Sales Trainer2,500 EUR-32%
Securities Sales Agent2,400 EUR-34%
Shipper / Receiver1,000 EUR-73%
Shop Manager2,500 EUR-32%
Social Media Sales Manager2,960 EUR-19%
Store Development Administrator1,800 EUR-51%
Store Manager2,670 EUR-27%
Subscription Box Curator2,460 EUR-33%
Supply Chain Sustainability Manager2,650 EUR-28%
Territory Sales Manager3,540 EUR-3%
Territory Sales Representative1,900 EUR-48%
Trade Marketing Officer2,260 EUR-38%
Treasury Officer2,180 EUR-40%
Vice President Sales3,370 EUR-8%
Visual Merchandiser1,280 EUR-65%
Voice Commerce Specialist2,070 EUR-43%
Wholesale Data Analyst2,370 EUR-35%
Wholesale Inventory Manager2,870 EUR-22%
Wholesale Marketing Manager2,920 EUR-20%
Wholesale Operations Manager3,520 EUR-4%
Wholesale Sales Representative2,100 EUR-43%

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%
2,300 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 the job title Purchasing and Sales Executive in Cyprus?

A good and competitive compensation would range anywhere between 3,450 EUR and 3,950 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 Purchasing and Sales Executive in Cyprus ranges from 1,760 EUR to 2,800 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


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