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Multimedia Specialist Average Salary in Cyprus 2021

How much money does a Multimedia Specialist make in Cyprus?


Average Monthly Salary
1,270 EUR
( 15,200 EUR yearly)

LOW
580
EUR
AVERAGE
1,270
EUR
HIGH
2,020
EUR

A person working as a Multimedia Specialist in Cyprus typically earns around 1,270 EUR per month. Salaries range from 580 EUR (lowest) to 2,020 EUR (highest).

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

Multimedia Specialist Salary Distribution in Cyprus

Median and salary distribution monthly Cyprus Multimedia Specialist
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The median, the maximum, the minimum, and the range

  • Salary Range

    Multimedia Specialist salaries in Cyprus range from 580 EUR per month (minimum salary) to 2,020 EUR per month (maximum salary).

  • Median Salary

    The median salary is 1,370 EUR per month, which means that half (50%) of people working as Multimedia Specialist(s) are earning less than 1,370 EUR while the other half are earning more than 1,370 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 Multimedia Specialist(s) are earning less than 880 EUR while 75% of them are earning more than 880 EUR. Also from the diagram, 75% of Multimedia Specialist(s) are earning less than 1,830 EUR while 25% are earning more than 1,830 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

Multimedia Specialist Salary Comparison by Years of Experience

How does experience and age affect your pay?

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

A Multimedia Specialist with less than two years of experience makes approximately 660 EUR per month.

While someone with an experience level between two and five years is expected to earn 890 EUR per month, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 1,310 EUR per month, 48% 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, Multimedia Specialist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 1,600 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 1,740 EUR per month, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 1,880 EUR per month, 8% more than people with fifteen to twenty years of experience.


Multimedia Specialist average salary change by experience in Cyprus

0 - 2 Years
660 EUR
2 - 5 Years+34%
890 EUR
5 - 10 Years+48%
1,310 EUR
10 - 15 Years+22%
1,600 EUR
15 - 20 Years+9%
1,740 EUR
20+ Years+8%
1,880 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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Multimedia Specialist Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Cyprus Multimedia Specialist
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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 Multimedia Specialist salaries by education level in order to make a comparison.

When the education level is High School, the average salary of a Multimedia Specialist is 810 EUR per month.

While someone with a Certificate or Diploma gets a salary of 960 EUR per month, 18% more than someone having a High School degree.

A Bachelor's Degree gets its holder an average salary of 1,390 EUR per month, 45% more than someone with a Certificate or Diploma.

Professionals who hold a Master's Degree are rewarded with an average salary of 1,820 EUR per month, 31% more than someone with Bachelor's Degree.


Multimedia Specialist average salary difference by education level in Cyprus

High School
810 EUR
Certificate or Diploma+18%
960 EUR
Bachelor's Degree+45%
1,390 EUR
Master's Degree+31%
1,820 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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Multimedia Specialist Salary Comparison By Gender

Salary comparison by gender monthly Cyprus Multimedia Specialist
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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 Multimedia Specialist employees in Cyprus earn 8% more than their female counterparts on average.

Male
1,320 EUR
Female-7%
1,220 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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Multimedia Specialist Average Annual Salary Increment Percentage in Cyprus

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

Multimedia Specialist

Multimedia Specialist(s) 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.

Annual Salary Increment Rate Cyprus Multimedia Specialist
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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 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

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Multimedia Specialist Bonus and Incentive Rates in Cyprus

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Cyprus Multimedia Specialist
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A Multimedia Specialist 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.

Multimedia Specialist Average Hourly Wage in Cyprus


7 EUR per hour

The average hourly wage (pay per hour) in Cyprus is 7 EUR. This means that the average Multimedia Specialist in Cyprus earns approximately 7 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.

Multimedia Specialist VS Other Jobs

Salary Comparison Between Multimedia Specialist and Advertising / Grapic Design / Events monthly Cyprus
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The average salary for Multimedia Specialist is 38% less than that of Advertising / Grapic Design / Events. Also, Advertising / Grapic Design / Events salaries are 6% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Advertising Account Executive2,350 EUR+85%
Advertising Account Manager2,490 EUR+96%
Advertising Account Planner1,350 EUR+6%
Advertising Coordinator1,660 EUR+31%
Advertising Manager3,540 EUR+180%
Advertising Operations Manager3,610 EUR+180%
Advertising Strategic Planner2,310 EUR+82%
Advertising Team Leader2,010 EUR+58%
Animator1,610 EUR+27%
Art Director2,120 EUR+67%
Artist1,710 EUR+35%
Artworker1,280 EUR+1%
Assistant Art Director1,590 EUR+25%
Audiosual Technician1,280 EUR+1%
Broadcast Administrator2,200 EUR+73%
Catering Sales1,440 EUR+13%
Catering Trainer1,600 EUR+26%
Commercial and Industrial Designer1,240 EUR-2%
Conference Organiser1,580 EUR+24%
Content and Media Production Lead2,350 EUR+85%
CopyWriter1,490 EUR+17%
Creative Designer1,580 EUR+24%
Creative Director2,100 EUR+65%
Designer 1,240 EUR-2%
Desktop Publisher1,010 EUR-20%
Director of Graphic Design1,920 EUR+51%
Events and Promotions Manager3,480 EUR+170%
Exhibit Display Coordinator1,570 EUR+24%
Exhibit Display Manager2,220 EUR+75%
Finisher1,050 EUR-17%
Graphic Artist1,380 EUR+9%
Graphic Designer1,310 EUR+3%
Graphics Design Supervisor1,910 EUR+50%
Imagery Analyst1,200 EUR-6%
Imaging Technologist1,270 EUR=
Interaction Designer1,130 EUR-11%
Media Planner1,810 EUR+43%
Media Production Coordinator1,530 EUR+20%
Media Production Manager2,910 EUR+130%
Media Project Manager2,990 EUR+140%
Media Relations Representative2,380 EUR+87%
Media Sales Executive2,740 EUR+120%
Multimedia Specialist1,270 EUR=
Photographer1,170 EUR-8%
PPC Campaign Manager2,180 EUR+72%
Print Production Manager2,430 EUR+91%
Product and Brand Manager3,350 EUR+160%
Sales Promotion Manager3,210 EUR+150%
Sketch Artist1,530 EUR+20%
Social Media Executive2,730 EUR+110%
Technical Typist970 EUR-24%
User Experience UX Designer1,450 EUR+14%
UX Designer1,290 EUR+2%

Salary Comparison By City

CityAverage Salary
Larnaka1,170 EUR
Limassol1,340 EUR
Nicosia1,210 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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