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Laboratory Technician Average Salary in Cyprus 2020

How much money does a Laboratory Technician make in Cyprus?


Average Monthly Salary
1,610 EUR
( 19,300 EUR yearly)

LOW
760
EUR
AVERAGE
1,610
EUR
HIGH
2,540
EUR

A person working as a Laboratory Technician in Cyprus typically earns around 1,610 EUR per month. Salaries range from 760 EUR (lowest) to 2,540 EUR (highest).

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

Laboratory Technician Salary Distribution in Cyprus

Median and salary distribution monthly Cyprus Laboratory Technician
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The median, the maximum, the minimum, and the range

  • Salary Range

    Laboratory Technician salaries in Cyprus range from 760 EUR per month (minimum salary) to 2,540 EUR per month (maximum salary).

  • Median Salary

    The median salary is 1,710 EUR per month, which means that half (50%) of people working as Laboratory Technician(s) are earning less than 1,710 EUR while the other half are earning more than 1,710 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 Laboratory Technician(s) are earning less than 1,110 EUR while 75% of them are earning more than 1,110 EUR. Also from the diagram, 75% of Laboratory Technician(s) are earning less than 2,250 EUR while 25% are earning more than 2,250 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

Laboratory Technician Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Cyprus Laboratory Technician
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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 Laboratory Technician salaries by experience level and this is what we found.

A Laboratory Technician with less than two years of experience makes approximately 870 EUR per month.

While someone with an experience level between two and five years is expected to earn 1,200 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 1,710 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, Laboratory Technician(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 2,090 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 2,200 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 2,400 EUR per month, 9% more than people with fifteen to twenty years of experience.


Laboratory Technician average salary change by experience in Cyprus

0 - 2 Years
870 EUR
2 - 5 Years+38%
1,200 EUR
5 - 10 Years+42%
1,710 EUR
10 - 15 Years+22%
2,090 EUR
15 - 20 Years+6%
2,200 EUR
20+ Years+9%
2,400 EUR
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Laboratory Technician Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Cyprus Laboratory Technician
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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 Laboratory Technician salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Laboratory Technician is 1,200 EUR per month.

While someone with a Master's Degree gets a salary of 2,200 EUR per month, 83% more than someone having a Bachelor's Degree degree.


Laboratory Technician average salary difference by education level in Cyprus

Bachelor's Degree
1,200 EUR
Master's Degree+83%
2,200 EUR
Percentage increase and decrease are relative to the previous value

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 the thoery. 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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Laboratory Technician Salary Comparison By Gender

Salary comparison by gender monthly Cyprus Laboratory Technician
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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 Laboratory Technician employees in Cyprus earn 6% more than their female counterparts on average.

Male
1,660 EUR
Female-6%
1,560 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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Laboratory Technician Average Annual Salary Increment Percentage in Cyprus

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

Laboratory Technician

Laboratory Technician(s) in Cyprus are likely to observe a salary increase of approximately 6% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Cyprus Laboratory Technician
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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 2019

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 2019. 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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Laboratory Technician Bonus and Incentive Rates in Cyprus

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Cyprus Laboratory Technician
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A Laboratory Technician is considered to be a low bonus-based job 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.

85% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 15% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.

Received Bonus
15%
No Bonus
85%

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.

Laboratory Technician 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 Laboratory Technician in Cyprus earns approximately 9 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.

Laboratory Technician VS Other Jobs

Salary Comparison Between Laboratory Technician and Health and Medical monthly Cyprus
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The average salary for Laboratory Technician is 40% less than that of Healthcare Technical. Also, Healthcare Technical salaries are 17% less than those of Health and Medical.

Salary comparison with similar jobs

Job TitleAverage Salary
Academic Clinician4,090 EUR+150%
Admitting Officer1,580 EUR-2%
Ambulance Dispatcher1,640 EUR+2%
Ambulance Driver1,440 EUR-11%
Ambulance Officer and Paramedic1,790 EUR+11%
Ambulatory Services Director3,170 EUR+97%
Anatomic Pathology Supervisor3,790 EUR+140%
Anesthesia Technician2,410 EUR+50%
Anesthesiologist6,870 EUR+330%
Anesthesiology Assistant2,300 EUR+43%
Assistant Optometrist1,890 EUR+17%
Audiologist3,940 EUR+140%
Biomedical Engineering Director2,950 EUR+83%
Biomedical Engineering Technician1,480 EUR-8%
Cardiac Technician1,510 EUR-6%
Cardiovascular Specialist8,550 EUR+430%
Cardiovascular Technologist3,100 EUR+93%
Central Sterile Processing Technician1,740 EUR+8%
Charge Entry Specialist1,960 EUR+22%
Clinical Application Specialist1,900 EUR+18%
Clinical Biochemist3,670 EUR+130%
Clinical Cytogeneticist2,990 EUR+86%
Clinical Data Reviewer2,010 EUR+25%
Clinical Development Specialist2,400 EUR+49%
Clinical Field Associate2,030 EUR+26%
Clinical Genetic Technologist3,080 EUR+91%
Clinical Microbiologist4,170 EUR+160%
Clinical Molecular Geneticist3,320 EUR+110%
Clinical Neuropsychologist4,400 EUR+170%
Clinical Research Coordinator2,250 EUR+40%
Clinical Scientist4,320 EUR+170%
CME Specialist3,330 EUR+110%
CT Technologist2,000 EUR+24%
Cytogenetic Technologist2,860 EUR+78%
Diagnostic Medical Sonographer2,370 EUR+47%
Dispensing Optician1,830 EUR+14%
Dosimetrist2,840 EUR+76%
EKG Technician1,940 EUR+20%
Endoscopic Assistant1,780 EUR+11%
Endoscopy Technician1,660 EUR+3%
Enterostomal Therapist2,820 EUR+75%
Epidemiologist3,610 EUR+120%
FGP Ultrasound Techncian1,760 EUR+9%
Health Systems Specialist2,440 EUR+52%
Health Technologist2,900 EUR+80%
Healthcare Data Analyst2,130 EUR+32%
Hearing Aid Specialist2,080 EUR+29%
Histotechnologist2,580 EUR+60%
Immunologist3,980 EUR+150%
Industrial Hygienist2,820 EUR+75%
Infection Control Coordinator1,970 EUR+22%
Infection Control Practitioner4,520 EUR+180%
Infection Preventionist3,100 EUR+93%
Informatics Practice Specialist2,270 EUR+41%
Interventional Radiographer3,370 EUR+110%
Lab Assistant1,650 EUR+2%
Laboratory Manager2,890 EUR+80%
Laboratory Technician1,610 EUR=
Low Vision Therapist3,700 EUR+130%
Mammography Technician1,660 EUR+3%
Medical Coder1,520 EUR-6%
Medical Courier1,140 EUR-29%
Medical Equipment Preparer1,760 EUR+9%
Medical Forms Designer1,350 EUR-16%
Medical Technologist1,750 EUR+9%
MRI Technologist1,640 EUR+2%
Music Therapist2,390 EUR+48%
Neonatologist4,680 EUR+190%
Neurodiagnostic Techncian1,670 EUR+4%
Neuropsychology Testing Assistant1,590 EUR-1%
Nuclear Medical Technician2,410 EUR+50%
Nuclear Medicine Technolgoist2,270 EUR+41%
Nutrition Assistant1,670 EUR+4%
Occupaitional Therapy Assistant1,810 EUR+12%
Operating Room Scheduler1,520 EUR-6%
Operating Room Services Director5,000 EUR+210%
Ophthalmic Assistant1,850 EUR+15%
Ophthalmic Laboratory Technician1,770 EUR+10%
Optician3,890 EUR+140%
Orthopedic Technician1,780 EUR+11%
Orthoptist4,770 EUR+200%
Orthotist4,560 EUR+180%
Pathology Assistant1,600 EUR-1%
Perfusionist5,490 EUR+240%
Phlebotomist1,280 EUR-20%
Pre Authorization Case Manager2,540 EUR+58%
Prosthetist4,060 EUR+150%
Radiation Therapist5,930 EUR+270%
Radiation Therapy Technologist2,480 EUR+54%
Radiographer3,690 EUR+130%
Radiography Technologist2,380 EUR+48%
Radiologic Technologist2,500 EUR+55%
Radiology Technologist2,340 EUR+45%
Respiratory Care Practitioner4,560 EUR+180%
Respiratory Therapist3,370 EUR+110%
Respiratory Therapy Technician1,920 EUR+19%
Sonographer2,370 EUR+47%
Sonography Technologist2,370 EUR+47%
Speech and Language Pathologist3,480 EUR+120%
Ultrasonographer1,890 EUR+17%
Ultrasound Technologist1,880 EUR+17%
Vascular Technologist1,700 EUR+6%
X-Ray Technologist2,290 EUR+42%

Salary Comparison By City

CityAverage Salary
Larnaka1,490 EUR
Limassol1,810 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

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