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Fuel Cell Engineer Average Salary in Cyprus 2021

How much money does a Fuel Cell Engineer make in Cyprus?


Average Monthly Salary
2,020 EUR
( 24,200 EUR yearly)

LOW
950
EUR
AVERAGE
2,020
EUR
HIGH
3,190
EUR

A person working as a Fuel Cell Engineer in Cyprus typically earns around 2,020 EUR per month. Salaries range from 950 EUR (lowest) to 3,190 EUR (highest).

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

Fuel Cell Engineer Salary Distribution in Cyprus

Median and salary distribution monthly Cyprus Fuel Cell Engineer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Fuel Cell Engineer salaries in Cyprus range from 950 EUR per month (minimum salary) to 3,190 EUR per month (maximum salary).

  • Median Salary

    The median salary is 2,140 EUR per month, which means that half (50%) of people working as Fuel Cell Engineer(s) are earning less than 2,140 EUR while the other half are earning more than 2,140 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 Fuel Cell Engineer(s) are earning less than 1,390 EUR while 75% of them are earning more than 1,390 EUR. Also from the diagram, 75% of Fuel Cell Engineer(s) are earning less than 2,820 EUR while 25% are earning more than 2,820 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

Fuel Cell Engineer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience monthly Cyprus Fuel Cell Engineer
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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 Fuel Cell Engineer salaries by experience level and this is what we found.

A Fuel Cell Engineer with less than two years of experience makes approximately 1,090 EUR per month.

While someone with an experience level between two and five years is expected to earn 1,510 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 2,150 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, Fuel Cell Engineer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 2,620 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 2,760 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 3,010 EUR per month, 9% more than people with fifteen to twenty years of experience.


Fuel Cell Engineer average salary change by experience in Cyprus

0 - 2 Years
1,090 EUR
2 - 5 Years+38%
1,510 EUR
5 - 10 Years+42%
2,150 EUR
10 - 15 Years+22%
2,620 EUR
15 - 20 Years+6%
2,760 EUR
20+ Years+9%
3,010 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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Fuel Cell Engineer Salary Comparison By Education

How do education levels affect salaries?

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

Salary comparison by education level monthly Cyprus Fuel Cell Engineer
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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 Fuel Cell Engineer salaries by education level in order to make a comparison.

When the education level is Bachelor's Degree, the average salary of a Fuel Cell Engineer is 1,510 EUR per month.

While someone with a Master's Degree gets a salary of 2,760 EUR per month, 83% more than someone having a Bachelor's Degree degree.


Fuel Cell Engineer average salary difference by education level in Cyprus

Bachelor's Degree
1,510 EUR
Master's Degree+83%
2,760 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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Fuel Cell Engineer Salary Comparison By Gender

Salary comparison by gender monthly Cyprus Fuel Cell Engineer
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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 Fuel Cell Engineer employees in Cyprus earn 6% more than their female counterparts on average.

Male
2,080 EUR
Female-6%
1,960 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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Fuel Cell Engineer Average Annual Salary Increment Percentage in Cyprus

How much are annual salary increments in Cyprus for Fuel Cell Engineer(s)? How often do employees get salary raises?

Fuel Cell Engineer

Fuel Cell Engineer(s) in Cyprus are likely to observe a salary increase of approximately 9% every 27 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Cyprus Fuel Cell Engineer
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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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Fuel Cell Engineer Bonus and Incentive Rates in Cyprus

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Cyprus Fuel Cell Engineer
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A Fuel Cell Engineer is considered to be a moderate 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.

60% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 40% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
40%
No Bonus
60%

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.

Fuel Cell Engineer Average Hourly Wage in Cyprus


12 EUR per hour

The average hourly wage (pay per hour) in Cyprus is 12 EUR. This means that the average Fuel Cell Engineer in Cyprus earns approximately 12 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.

Fuel Cell Engineer VS Other Jobs

Salary Comparison Between Fuel Cell Engineer and Oil  / Gas / Energy / Mining monthly Cyprus
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The average salary for Fuel Cell Engineer is 4% more than that of Oil / Gas / Energy / Mining. Also, Oil / Gas / Energy / Mining salaries are 10% less than those of All Jobs.

Salary comparison with similar jobs

Job TitleAverage Salary
Assistant Yard Manager1,960 EUR-3%
Associate Analyst2,200 EUR+9%
Associate Landman920 EUR-54%
Auxiliary Equipment Operator800 EUR-60%
Biomass Plant Technician940 EUR-53%
Biomass Power Plant Manager2,850 EUR+41%
Chemical Plant Operator1,590 EUR-21%
Chief Contract Compliance Engineer2,090 EUR+4%
Completions Engineer1,860 EUR-8%
Cost Controller1,420 EUR-30%
Crude Oil Marketing Representative2,020 EUR+0%
Dispatcher830 EUR-59%
Distribution Manager2,740 EUR+36%
Dragline Operator910 EUR-55%
Driller Offsider700 EUR-65%
Dump Truck Driver730 EUR-64%
Electric and Gas Operations Manager4,440 EUR+120%
Energy Advisor2,970 EUR+47%
Energy Analyst2,730 EUR+35%
Energy Auditor2,550 EUR+26%
Energy Dispatch Director3,530 EUR+75%
Energy Technical Assistant1,160 EUR-43%
Energy Technical Manager2,490 EUR+23%
Energy Technical Trainer1,670 EUR-17%
Exploration Manager3,430 EUR+70%
Field Safety Auditor2,230 EUR+11%
Fluids Engineer1,900 EUR-6%
Fuel Cell Engineer2,020 EUR+0%
Fuel Cell Technician1,020 EUR-49%
Fuels Handler870 EUR-57%
Gas Compressor Operator830 EUR-59%
Gas Distribution Plant Operator1,630 EUR-19%
Gas Supply Manager3,020 EUR+50%
Geologist3,410 EUR+69%
Geophysicist3,530 EUR+75%
Geothermal Production Manager3,330 EUR+65%
Geothermal Technician1,440 EUR-29%
HSE Engineer2,060 EUR+2%
HSE Officer1,200 EUR-41%
HSEQ Administrator1,380 EUR-32%
Inspector1,770 EUR-12%
Instructor1,580 EUR-22%
Instrument Designer1,590 EUR-21%
Lead Technical Field Advisor2,620 EUR+30%
Logistics and Tool Coordinator1,620 EUR-20%
Maintenance Engineer2,090 EUR+4%
Maintenance Superintendent1,810 EUR-10%
Material Controller1,250 EUR-38%
Mine Engineer1,940 EUR-4%
Mine Surveyor2,120 EUR+5%
Mining Project Administrator1,760 EUR-13%
Mining Project Assistant1,360 EUR-33%
Mining Project Controls Consultant2,270 EUR+12%
Mining Project Coordinator1,690 EUR-16%
Mining Project Engineer1,900 EUR-6%
Mining Project Manager2,430 EUR+20%
Mining Site Manager2,680 EUR+33%
Mining Team Leader2,030 EUR+1%
NDT Technician1,200 EUR-41%
Oil Service Unit Operator980 EUR-51%
Oil Trader2,550 EUR+26%
Oilwell Pumper720 EUR-64%
Petroleum Engineer 2,160 EUR+7%
Petroleum Geologist3,650 EUR+81%
Petroleum Pump System Operator1,040 EUR-48%
Pipeline Technician750 EUR-63%
Power Coordinator1,200 EUR-41%
Power Plant Operations Manager3,650 EUR+81%
Power Plant Operator1,590 EUR-21%
Radio Operator890 EUR-56%
Reliability Engineer1,950 EUR-3%
Reservoir Engineer1,740 EUR-14%
Risk Analyst2,510 EUR+24%
Roughneck1,940 EUR-4%
Scaffolder1,300 EUR-36%
Shutdown Engineer1,560 EUR-23%
Solar Energy Installation Manager2,770 EUR+37%
Solar Energy Systems Engineer2,060 EUR+2%
Solar Photovoltaic Installer1,250 EUR-38%
Solar Thermal Technician1,250 EUR-38%
Supply Operations Manager3,260 EUR+62%
Sustainability Specialist3,180 EUR+58%
System Development Advisor2,240 EUR+11%
Tanker Truck Driver790 EUR-61%
Utility Operator1,050 EUR-48%
Wind Energy Project Manager2,830 EUR+40%

Salary Comparison By City

CityAverage Salary
Larnaka1,920 EUR
Limassol2,330 EUR
Nicosia2,020 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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