NFT Specialist Average Salary in Cyprus 2024
How much money does a person working as NFT Specialist make in Cyprus?
LOW
760
EUR AVERAGE
1,580
EUR HIGH
2,480
EUR
A person working as NFT Specialist in Cyprus typically earns around 1,580 EUR. Salaries range from 760 EUR (lowest) to 2,480 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. NFT Specialist salaries in Cyprus vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
NFT Specialist Pay Scale and Salaries in Cyprus
Salary Structure and Pay Scale Comparison
1,480 EUR or more
1,300 to 1,480 EUR
910 EUR or less
910 to 1,300 EUR
 760 EUR |
1,490 EUR |
2,480 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 NFT Specialist in Cyprus range from 760 EUR (starting salary) to 2,480 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 1,490 EUR, half of the professionals who work as NFT Specialist 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 NFT Specialist in Cyprus earn less than 1,210 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 1,700 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 NFT Specialist in Cyprus compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 910 EUR to 1,300 EUR. About 20% of salaries are below the 910 EUR mark, while 10% fall within the range of 1,300 EUR to 1,480 EUR. Only 5% of individuals have salaries exceeding 1,480 EUR.
Salary Comparison by Years of Experience / NFT Specialist / Cyprus
How do experience and age affect pay?
| 0 - 2 Years | 890 EUR | |
| 2 - 5 Years | +42% | 1,260 EUR |
| 5 - 10 Years | +32% | 1,650 EUR |
| 10 - 15 Years | +23% | 2,030 EUR |
| 15 - 20 Years | +6% | 2,160 EUR |
| 20+ Years | +10% | 2,370 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 NFT Specialist 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 1,260 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 1,650 EUR, 32% 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 2,030 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 2,160 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 2,370 EUR, 10% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / NFT Specialist / Cyprus
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as NFT Specialist.
| High School | 1,100 EUR | |
| Certificate or Diploma | +16% | 1,270 EUR |
| Bachelor's Degree | +46% | 1,860 EUR |
| Master's Degree | +23% | 2,290 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 NFT Specialist in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 1,100 EUR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 1,270 EUR, 16% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 1,860 EUR, 46% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 2,290 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 and Compensation Comparison By Gender / NFT Specialist / 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 NFT Specialist in Cyprus, the average difference between the salary of male and female employees is 5%.
| Male | 1,630 EUR | |
| Female | -5% | 1,540 EUR |
Salary Comparison By Gender in Cyprus for all Careers
Average Annual Salary Increment Percentage / NFT Specialist / Cyprus
How much are annual salary increments in Cyprus for individuals working as NFT Specialist? How often do employees get salary raises?
Individuals working as NFT Specialist in Cyprus are likely to observe a salary increase of approximately 7% 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 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
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 / NFT Specialist / Cyprus
How much and how often are bonuses being awarded?
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86% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 14% 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 | 14% | |
| No Bonus | 86% |
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.
Average Hourly Wage / NFT Specialist / Cyprus
9 EUR per hourThe average hourly wage (pay per hour) for individuals working as NFT Specialist 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 NFT Specialist 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.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Advertising / Graphic Design / Events |  -100% | |
| Advertisement Fraud Analyst | 2,250 EUR |  +42% |
| Advertising Account Executive | 2,350 EUR | +49% |
| Advertising Account Manager | 2,490 EUR | +58% |
| Advertising Account Planner | 1,350 EUR | -15% |
| Advertising and Promotions Manager | 3,430 EUR | +120% |
| Advertising Coordinator | 1,660 EUR | +5% |
| Advertising Data Analyst | 2,200 EUR | +39% |
| Advertising Manager | 3,540 EUR | +120% |
| Advertising Operations Manager | 3,610 EUR | +130% |
| Advertising Sales Director | 3,640 EUR | +130% |
| Advertising Strategic Planner | 2,310 EUR | +46% |
| Advertising Team Leader | 2,010 EUR | +27% |
| Animation Director | 2,720 EUR | +72% |
| Animator | 1,610 EUR | +2% |
| Art Director | 2,120 EUR | +34% |
| Art Manager | 2,140 EUR | +36% |
| Artificial Intelligence Advertising Analyst | 2,310 EUR | +46% |
| Artist | 1,710 EUR | +8% |
| Artworker | 1,280 EUR | -19% |
| Assistant Art Director | 1,590 EUR | +1% |
| Audio and Video Equipment Technician | 1,190 EUR | -25% |
| Audio Engineer | 1,480 EUR | -6% |
| Audiosual Technician | 1,280 EUR | -19% |
| Branding Consultant | 2,670 EUR | +69% |
| Broadcast Administrator | 2,200 EUR | +39% |
| Catering Sales | 1,440 EUR | -9% |
| Catering Trainer | 1,600 EUR | +1% |
| Color Consultant | 1,360 EUR | -14% |
| Commercial and Industrial Designer | 1,240 EUR | -21% |
| Conference Organiser | 1,580 EUR | +0% |
| Content and Media Production Lead | 2,350 EUR | +49% |
| CopyWriter | 1,500 EUR | -5% |
| Creative Content Strategist | 2,700 EUR | +71% |
| Creative Designer | 1,580 EUR | +0% |
| Creative Director | 2,100 EUR | +33% |
| Creative Technologist | 2,590 EUR | +64% |
| Crowd Management Specialist | 2,140 EUR | +36% |
| Design Strategist | 2,170 EUR | +37% |
| Designer | 1,240 EUR | -21% |
| Desktop Publisher | 1,010 EUR | -36% |
| Digital Campaign Manager | 2,320 EUR | +47% |
| Digital Media Manager | 2,510 EUR | +59% |
| Digital Media Strategist | 2,680 EUR | +70% |
| Director of Events | 3,690 EUR | +130% |
| Director of Graphic Design | 1,920 EUR | +22% |
| Director of Social Media Marketing | 2,660 EUR | +68% |
| Event Experience Designer | 2,300 EUR | +46% |
| Event Security Specialist | 2,100 EUR | +33% |
| Event Technology Consultant | 2,080 EUR | +32% |
| Event Technology Integration Specialist | 1,860 EUR | +18% |
| Events and Promotions Manager | 3,480 EUR | +120% |
| Events Director | 3,480 EUR | +120% |
| Exhibit Designer | 1,650 EUR | +4% |
| Exhibit Display Coordinator | 1,570 EUR | -1% |
| Exhibit Display Manager | 2,220 EUR | +41% |
| Experiential Designer | 2,000 EUR | +27% |
| Finisher | 1,050 EUR | -34% |
| Gamification Specialist | 2,190 EUR | +39% |
| Graphic Artist | 1,380 EUR | -13% |
| Graphic Design Specialist | 1,600 EUR | +1% |
| Graphic Designer | 1,310 EUR | -17% |
| Graphics Artist | 1,320 EUR | -16% |
| Graphics Design Supervisor | 1,910 EUR | +21% |
| Group Creative Director | 2,430 EUR | +54% |
| Imagery Analyst | 1,200 EUR | -24% |
| Imaging Technologist | 1,270 EUR | -20% |
| Immersive Storyteller | 1,770 EUR | +12% |
| Interaction Designer | 1,130 EUR | -28% |
| Lead Generation Specialist | 2,700 EUR | +71% |
| Media Analyst | 1,740 EUR | +10% |
| Media Executive | 2,170 EUR | +37% |
| Media Planner | 1,810 EUR | +15% |
| Media Production Coordinator | 1,530 EUR | -3% |
| Media Production Manager | 2,910 EUR | +84% |
| Media Project Manager | 2,990 EUR | +89% |
| Media Relations Representative | 2,380 EUR | +51% |
| Media Sales Executive | 2,740 EUR | +74% |
| Meeting and Event Planner | 1,670 EUR | +6% |
| Mobile Advertising Specialist | 2,540 EUR | +61% |
| Motion Graphic Artist | 1,750 EUR | +11% |
| Motion Graphics Designer | 1,670 EUR | +6% |
| Multimedia Artist | 1,420 EUR | -10% |
| Multimedia Specialist | 1,270 EUR | -20% |
| NFT Designer | 1,530 EUR | -3% |
| NFT Specialist | 1,580 EUR | +0% |
| Photographer | 1,170 EUR | -26% |
| PPC Campaign Manager | 2,180 EUR | +38% |
| Print Production Manager | 2,430 EUR | +54% |
| Product and Brand Manager | 3,350 EUR | +110% |
| Sales Promotion Manager | 3,220 EUR | +100% |
| Search Engine Optimization Specialist (SEO) | 1,400 EUR | -11% |
| Sketch Artist | 1,530 EUR | -3% |
| Social Media Event Strategist | 1,920 EUR | +22% |
| Social Media Executive | 2,730 EUR | +73% |
| Social Media Graphic Designer | 1,590 EUR | +1% |
| Social Media Manager | 2,610 EUR | +65% |
| Social Media Marketing Manager | 2,670 EUR | +69% |
| Social Media Strategist | 2,640 EUR | +67% |
| Special Events Supervisor | 2,080 EUR | +32% |
| Technical Typist | 970 EUR | -39% |
| User Experience UX Designer | 1,450 EUR | -8% |
| UX Designer | 1,290 EUR | -18% |
| Virtual / Augmented Reality Advertiser | 2,110 EUR | +34% |
| Virtual / Augmented Reality Event Producer | 1,770 EUR | +12% |
| Virtual / Augmented Reality Showroom Designer | 1,710 EUR | +8% |
| Virtual Events Planner | 1,870 EUR | +18% |
| Virtual Trade Show Manager | 1,620 EUR | +3% |
| Voice Search Optimization Specialist | 2,080 EUR | +32% |
| Web Accessibility Designer | 1,770 EUR | +12% |
| Web3 Designer | 1,650 EUR | +4% |
| Webinar Designer | 1,870 EUR | +18% |
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 |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title NFT Specialist in Cyprus?
A good and competitive compensation would range anywhere between 1,490 EUR and 1,700 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 NFT Specialist in Cyprus ranges from 760 EUR to 1,210 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
