Laboratory Technician Average Salary in Cyprus 2021
How much money does a Laboratory Technician make in Cyprus?
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
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?
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.
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 |
Typical Salary Progress for Most Careers
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.
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 |
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
Laboratory Technician Salary Comparison By Gender
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 |
Salary Comparison By Gender in Cyprus for all Careers
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.
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
Annual Increment Rate By Industry 2020
| 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 2020. 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
Laboratory Technician Bonus and Incentive Rates in Cyprus
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/cyprus/health-and-medical/healthcare-technical/laboratory-technician/annual-salary-bonus-rate-cyprus-laboratory-technician.jpg
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 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.
Laboratory Technician Average Hourly Wage in Cyprus
9 EUR per hourThe 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.
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
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 Title | Average Salary |
| Academic Clinician | 4,090 EUR |  +150% |
| Admitting Officer | 1,580 EUR |  -2% |
| Ambulance Dispatcher | 1,640 EUR | +2% |
| Ambulance Driver | 1,440 EUR | -11% |
| Ambulance Officer and Paramedic | 1,790 EUR | +11% |
| Ambulatory Services Director | 3,170 EUR | +97% |
| Anatomic Pathology Supervisor | 3,790 EUR | +140% |
| Anesthesia Technician | 2,410 EUR | +50% |
| Anesthesiologist | 6,870 EUR | +330% |
| Anesthesiology Assistant | 2,300 EUR | +43% |
| Assistant Optometrist | 1,890 EUR | +17% |
| Audiologist | 3,940 EUR | +140% |
| Biomedical Engineering Director | 2,950 EUR | +83% |
| Biomedical Engineering Technician | 1,480 EUR | -8% |
| Cardiac Technician | 1,510 EUR | -6% |
| Cardiovascular Specialist | 8,550 EUR | +430% |
| Cardiovascular Technologist | 3,100 EUR | +93% |
| Central Sterile Processing Technician | 1,740 EUR | +8% |
| Charge Entry Specialist | 1,960 EUR | +22% |
| Clinical Application Specialist | 1,900 EUR | +18% |
| Clinical Biochemist | 3,670 EUR | +130% |
| Clinical Cytogeneticist | 2,990 EUR | +86% |
| Clinical Data Reviewer | 2,010 EUR | +25% |
| Clinical Development Specialist | 2,400 EUR | +49% |
| Clinical Field Associate | 2,030 EUR | +26% |
| Clinical Genetic Technologist | 3,080 EUR | +91% |
| Clinical Microbiologist | 4,170 EUR | +160% |
| Clinical Molecular Geneticist | 3,320 EUR | +110% |
| Clinical Neuropsychologist | 4,400 EUR | +170% |
| Clinical Research Coordinator | 2,250 EUR | +40% |
| Clinical Scientist | 4,320 EUR | +170% |
| CME Specialist | 3,330 EUR | +110% |
| CT Technologist | 2,000 EUR | +24% |
| Cytogenetic Technologist | 2,860 EUR | +78% |
| Diagnostic Medical Sonographer | 2,370 EUR | +47% |
| Dispensing Optician | 1,830 EUR | +14% |
| Dosimetrist | 2,840 EUR | +76% |
| EKG Technician | 1,940 EUR | +20% |
| Endoscopic Assistant | 1,780 EUR | +11% |
| Endoscopy Technician | 1,660 EUR | +3% |
| Enterostomal Therapist | 2,820 EUR | +75% |
| Epidemiologist | 3,610 EUR | +120% |
| FGP Ultrasound Techncian | 1,760 EUR | +9% |
| Health Systems Specialist | 2,440 EUR | +52% |
| Health Technologist | 2,900 EUR | +80% |
| Healthcare Data Analyst | 2,130 EUR | +32% |
| Hearing Aid Specialist | 2,080 EUR | +29% |
| Histotechnologist | 2,580 EUR | +60% |
| Immunologist | 3,980 EUR | +150% |
| Industrial Hygienist | 2,820 EUR | +75% |
| Infection Control Coordinator | 1,970 EUR | +22% |
| Infection Control Practitioner | 4,520 EUR | +180% |
| Infection Preventionist | 3,100 EUR | +93% |
| Informatics Practice Specialist | 2,270 EUR | +41% |
| Interventional Radiographer | 3,370 EUR | +110% |
| Lab Assistant | 1,650 EUR | +2% |
| Laboratory Manager | 2,890 EUR | +80% |
| Laboratory Technician | 1,610 EUR | = |
| Low Vision Therapist | 3,700 EUR | +130% |
| Mammography Technician | 1,660 EUR | +3% |
| Medical Coder | 1,520 EUR | -6% |
| Medical Courier | 1,140 EUR | -29% |
| Medical Equipment Preparer | 1,760 EUR | +9% |
| Medical Forms Designer | 1,350 EUR | -16% |
| Medical Technologist | 1,750 EUR | +9% |
| MRI Technologist | 1,640 EUR | +2% |
| Music Therapist | 2,390 EUR | +48% |
| Neonatologist | 4,680 EUR | +190% |
| Neurodiagnostic Techncian | 1,670 EUR | +4% |
| Neuropsychology Testing Assistant | 1,590 EUR | -1% |
| Nuclear Medical Technician | 2,410 EUR | +50% |
| Nuclear Medicine Technolgoist | 2,270 EUR | +41% |
| Nutrition Assistant | 1,670 EUR | +4% |
| Occupaitional Therapy Assistant | 1,810 EUR | +12% |
| Operating Room Scheduler | 1,520 EUR | -6% |
| Operating Room Services Director | 5,000 EUR | +210% |
| Ophthalmic Assistant | 1,850 EUR | +15% |
| Ophthalmic Laboratory Technician | 1,770 EUR | +10% |
| Optician | 3,890 EUR | +140% |
| Orthopedic Technician | 1,780 EUR | +11% |
| Orthoptist | 4,770 EUR | +200% |
| Orthotist | 4,560 EUR | +180% |
| Pathology Assistant | 1,600 EUR | -1% |
| Perfusionist | 5,490 EUR | +240% |
| Phlebotomist | 1,280 EUR | -20% |
| Pre Authorization Case Manager | 2,540 EUR | +58% |
| Prosthetist | 4,060 EUR | +150% |
| Radiation Therapist | 5,930 EUR | +270% |
| Radiation Therapy Technologist | 2,480 EUR | +54% |
| Radiographer | 3,690 EUR | +130% |
| Radiography Technologist | 2,380 EUR | +48% |
| Radiologic Technologist | 2,500 EUR | +55% |
| Radiology Technologist | 2,340 EUR | +45% |
| Respiratory Care Practitioner | 4,560 EUR | +180% |
| Respiratory Therapist | 3,370 EUR | +110% |
| Respiratory Therapy Technician | 1,920 EUR | +19% |
| Sonographer | 2,370 EUR | +47% |
| Sonography Technologist | 2,370 EUR | +47% |
| Speech and Language Pathologist | 3,480 EUR | +120% |
| Ultrasonographer | 1,890 EUR | +17% |
| Ultrasound Technologist | 1,880 EUR | +17% |
| Vascular Technologist | 1,700 EUR | +6% |
| X-Ray Technologist | 2,290 EUR | +42% |
Salary Comparison By City
| City | Average Salary |
| Larnaka | 1,490 EUR |
| Limassol | 1,810 EUR |
| Nicosia | 1,550 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 |
