A person working as Sponsorship Consultant in Cyprus typically earns around 2,000 EUR. Salaries range from 1,060 EUR (lowest) to 3,050 EUR (highest).
This is the average salary including housing, transport, and other benefits. Sponsorship Consultant salaries in Cyprus vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 1,060 EUR |
Median 1,810 EUR |
Maximum 3,050 EUR |
Salaries for the position Sponsorship Consultant in Cyprus range from 1,060 EUR (starting salary) to 3,050 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.
With a median salary of 1,810 EUR, half of the professionals who work as Sponsorship Consultant 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.
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 Sponsorship Consultant in Cyprus earn less than 1,510 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 2,050 EUR while 25% earn more.
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 Sponsorship Consultant in Cyprus compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 1,180 EUR to 1,610 EUR. About 20% of salaries are below the 1,180 EUR mark, while 10% fall within the range of 1,610 EUR to 1,800 EUR. Only 5% of individuals have salaries exceeding 1,800 EUR.
0 - 2 Years | 1,220 EUR | |
2 - 5 Years | +23% | 1,500 EUR |
5 - 10 Years | +42% | 2,120 EUR |
10 - 15 Years | +17% | 2,480 EUR |
15 - 20 Years | +10% | 2,730 EUR |
20+ Years | +6% | 2,890 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 Sponsorship Consultant and this is what we found.
Employees with less than two years of experience earn approximately 1,220 EUR.
While someone with an experience level between two and five years is expected to earn 1,500 EUR, 23% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 2,120 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 2,480 EUR, 17% 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 2,730 EUR, 10% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 2,890 EUR, 6% more than people with fifteen to twenty years of experience.
High School | 1,480 EUR | |
Certificate or Diploma | +13% | 1,680 EUR |
Bachelor's Degree | +31% | 2,190 EUR |
Master's Degree | +32% | 2,890 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 Sponsorship Consultant in order to make a comparison.
Employees at this education level have an average salary of 1,480 EUR.
At this level, the average salary becomes 1,680 EUR, 13% more than the previous level.
At this level, the average salary becomes 2,190 EUR, 31% more than the previous level.
At this level, the average salary becomes 2,890 EUR, 32% more than the previous level.
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.
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 Sponsorship Consultant in Cyprus, the average difference between the salary of male and female employees is 6%.
Male | 2,060 EUR | |
Female | -6% | 1,930 EUR |
Individuals working as Sponsorship Consultant in Cyprus are likely to observe a salary increase of approximately 8% every 28 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
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.
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
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.
66% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 34% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.
Received Bonus | 34% | |
No Bonus | 66% |
The 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.
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.
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.
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.
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.
The minimum pay rate per hour for people working as Sponsorship Consultant in Cyprus is 6 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Marketing | -100% | |
Account Handler | 1,690 EUR | -16% |
Affiliate Manager | 2,310 EUR | +15% |
Affiliate Marketing Manager | 3,260 EUR | +63% |
Affiliate Marketing Specialist | 2,030 EUR | +1% |
Analytics Specialist | 1,650 EUR | -18% |
Assistant Brand Manager | 2,510 EUR | +25% |
Assistant Product Manager | 2,730 EUR | +36% |
Associate Marketing Manager | 2,650 EUR | +32% |
Associate Product Manager | 2,600 EUR | +30% |
Blockchain Marketing Specialist | 2,540 EUR | +27% |
Brand Ambassador | 3,330 EUR | +66% |
Brand Director | 4,010 EUR | +100% |
Brand Executive | 3,370 EUR | +68% |
Brand Manager | 3,460 EUR | +73% |
Business Analytics Specialist | 1,730 EUR | -14% |
Business Channel Manager | 2,410 EUR | +20% |
Business Intelligence Team Leader | 2,610 EUR | +30% |
Campaign Specialist | 2,190 EUR | +9% |
Chief Content Officer | 2,900 EUR | +45% |
Chief Digital Marketing Officer | 3,670 EUR | +83% |
Chief Marketing Officer | 3,680 EUR | +84% |
Chief Product Officer | 3,600 EUR | +80% |
Communications Officer | 1,140 EUR | -43% |
Content Manager | 1,970 EUR | -2% |
Content Marketing Strategist | 2,240 EUR | +12% |
Copy Editer | 1,430 EUR | -29% |
Copy Writer | 1,370 EUR | -32% |
Creative Marketing Lead | 2,230 EUR | +11% |
Creative Writer | 1,470 EUR | -27% |
Digital Marketer | 2,040 EUR | +2% |
Digital Marketing Manager | 2,790 EUR | +39% |
Digital Marketing Specialist | 2,130 EUR | +6% |
Digital Marketing Strategist | 2,890 EUR | +44% |
Digital Media Specialist | 2,540 EUR | +27% |
Director of Marketing | 3,740 EUR | +87% |
Director of Research | 2,730 EUR | +36% |
Email Marketing Specialist | 1,950 EUR | -3% |
eMarketing Manager | 2,960 EUR | +48% |
Event Marketing | 2,870 EUR | +43% |
Experiential Marketing Manager | 3,580 EUR | +79% |
Gamification Marketer | 1,770 EUR | -12% |
Head of Executive Search | 3,240 EUR | +62% |
Internet Marketer | 2,000 EUR | -0% |
Key Affiliate Manager | 2,850 EUR | +42% |
Localization Manager | 2,520 EUR | +26% |
Market Development Executive | 2,910 EUR | +45% |
Market Development Manager | 2,920 EUR | +46% |
Market Research Analyst | 2,530 EUR | +26% |
Market Research Manager | 2,620 EUR | +31% |
Market Segmentation Director | 2,820 EUR | +41% |
Marketing Account Supervisor | 2,340 EUR | +17% |
Marketing Administrator | 1,910 EUR | -5% |
Marketing Advisor | 2,270 EUR | +13% |
Marketing Analyst | 2,340 EUR | +17% |
Marketing and Communications Officer | 1,380 EUR | -31% |
Marketing and Sales Head | 3,770 EUR | +88% |
Marketing Assistant | 1,230 EUR | -39% |
Marketing Associate | 1,240 EUR | -38% |
Marketing Automation Specialist | 2,310 EUR | +15% |
Marketing Communications Manager | 2,640 EUR | +32% |
Marketing Consultant | 2,780 EUR | +39% |
Marketing Coordinator | 1,170 EUR | -42% |
Marketing Data Analyst | 2,250 EUR | +12% |
Marketing Director | 3,940 EUR | +97% |
Marketing Distribution Executive | 2,860 EUR | +43% |
Marketing Executive | 3,110 EUR | +55% |
Marketing Manager | 4,000 EUR | +100% |
Marketing Officer | 1,320 EUR | -34% |
Marketing Segment Manager | 2,760 EUR | +38% |
Marketing Specialist | 1,850 EUR | -8% |
Marketing Supervisor | 2,180 EUR | +9% |
Marketing Vice President | 3,100 EUR | +55% |
Marketing Writer | 1,430 EUR | -29% |
Mobile Marketing Specialist | 2,660 EUR | +33% |
Online Marketing Analyst | 2,010 EUR | +0% |
Online Marketing Manager | 2,640 EUR | +32% |
Optimization Manager | 2,420 EUR | +21% |
Outbound Sales | 1,790 EUR | -11% |
Outreach Coordinator | 1,610 EUR | -20% |
Outreach Specialist | 2,000 EUR | -0% |
Podcast Specialist | 2,220 EUR | +11% |
Product Development | 2,540 EUR | +27% |
Product Manager | 2,990 EUR | +49% |
Product Marketing Engineer | 1,580 EUR | -21% |
Product Marketing Executive | 2,870 EUR | +43% |
Product Marketing Manager | 2,910 EUR | +45% |
Product Researcher | 1,550 EUR | -23% |
Product Strategist | 2,320 EUR | +16% |
Product Strategy Researcher | 2,090 EUR | +4% |
Product Training Specialist | 1,870 EUR | -7% |
Project Manager | 2,230 EUR | +11% |
Publications Coordinator | 1,380 EUR | -31% |
Research Executive | 2,570 EUR | +28% |
Sales and Marketing Assistant | 1,120 EUR | -44% |
Sales and Marketing Coordinator | 1,250 EUR | -38% |
Sales and Marketing Director | 3,860 EUR | +93% |
Sales Director | 3,720 EUR | +86% |
Sales Management Support | 1,290 EUR | -36% |
Sales Manager | 3,490 EUR | +74% |
Search Marketing Strategist | 3,030 EUR | +51% |
Social Media Administrator | 2,130 EUR | +6% |
Social Media Specialist | 2,110 EUR | +5% |
Spaceman Analyst | 1,110 EUR | -45% |
Sponsorship Consultant | 2,000 EUR | -0% |
Team Leader | 2,140 EUR | +7% |
Telemarketer | 1,080 EUR | -46% |
TikTok marketer | 2,600 EUR | +30% |
Trade Marketing Executive | 2,930 EUR | +46% |
Trade Marketing Manager | 2,840 EUR | +42% |
Trade Marketing Professional | 2,390 EUR | +19% |
Trade Marketing Specialist | 1,620 EUR | -19% |
Video Marketing Specialist | 2,540 EUR | +27% |
Web Analytics Manager | 2,450 EUR | +22% |
Web Content Manager | 2,310 EUR | +15% |
Webinar Marketing Specialist | 2,410 EUR | +20% |
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 |
A good and competitive compensation would range anywhere between 1,810 EUR and 2,050 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
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.
The base salary for a careers like Sponsorship Consultant in Cyprus ranges from 1,060 EUR to 1,510 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.
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