Salary Benchmarking Service
At Emerald Zebra, we are committed to ensuring that employers and job seekers find the perfect match and we are passionate about helping to create successful, long-term relationships. We firmly believe in the importance of paying our candidates a fair wage and we always strive to ensure that candidates are paid a competitive salary for the job. We also understand the importance of salary transparency and strive to ensure that potential candidates are aware of the salary range before they start the recruitment process.
Frequently Asked Questions - FAQs
The salary benchmark in Cyprus varies across industries and professions. It represents the average pay scale for specific roles within a particular sector. Salaries can differ based on factors like experience, education, location, and the demand for certain skills. Staying updated on industry benchmarks can help you negotiate a fair compensation package.
As of the most recent data, the average monthly salary in Cyprus hovers around €1,800 to €2,500. However, this figure can fluctuate based on the field of work and the level of expertise. Industries like finance, technology, and fintech often offer higher average salaries compared to others. Leadership roles from middle management to C-level tend to range from €4,000 to €10,000 monthly on average.
The “13th salary” is a unique financial concept in Cyprus. It refers to an extra month’s salary that employees receive during the holiday season. This bonus payment is typically disbursed in December and is equivalent to one month’s salary. It’s a form of year-end reward, providing employees with additional funds for holiday expenses and celebrations. Alternatively, employers opt to offer discretionary and performance related bonuses. The 13th salary is not mandatory.
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The “HR PowerBreakfast” Group was launched last week with its aim to bring together professionals from the HR and talent acquisition community in Cyprus to participate in breakfast seminars, engage in panel discussions featuring esteemed guests and speakers from Cyprus and around the globe and network with like-minded individuals.
At Emerald Zebra, we perceive each job opportunity as a two-way street—a perfect alignment between employer and employee. Our commitment to transparency, efficiency, and a candidate-centric approach sets our recruitment agency apart here in Cyprus.
As the technology sector continues to shape the future, we explore the high-paying roles that beckon tech enthusiasts in the tech job market in 2023, positions that offer lucrative career paths.
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