Sector-by-Sector Breakdown: Cyprus Salary Trends & Job Satisfaction Insights 2024 /2025

Cyprus is fast emerging as a competitive market for professionals in fintech, tech, finance, and iGaming. The latest Workforce Insights Q4 2024 / 2025 report from Emerald Zebra reveals detailed salary ranges and job satisfaction levels across multiple sectors. In this post, we dive deep into each industry segment—from C-Level roles to specialized positions in accounting and engineering—to help you understand what to expect and how to position yourself for success in Cyprus.

1. C-Level & Executive Management Salary Trends in Cyprus

Overview:
C-level roles define strategy and drive growth. Salaries vary widely across experience levels, with senior executives in fintech, tech, finance, and iGaming earning up to €300K annually.

Job Title

Junior (€)

Mid (€)

Senior (€)

Chief Executive Officer (CEO)

36,000 – 72,000

72,000 – 144,000

85,000 – 300,000

Chief Information Officer (CIO)

48,000 – 78,000

73,000 – 120,000

81,000 – 180,000

Chief Technology Officer (CTO)

48,000 – 78,000

50,000 – 168,000

87,000 – 210,000

Chief Data Officer (CDO)

24,000 – 66,000

64,000 – 84,000

75,000 – 120,000

Chief Marketing Officer (CMO)

30,000 – 72,000

72,000 – 144,000

100,000 – 200,000

Chief Sales Officer (CSO)

30,000 – 36,000

36,000 – 75,000

65,000 – 200,000

Chief Product Officer (CPO)

60,000 – 78,000

78,000 – 125,000

120,000 – 180,000

Chief Financial Officer (CFO)

60,000 – 96,000

80,000 – 144,000

90,000 – 240,000

Chief Revenue Officer (CRO)

110,000 – 144,000

Chief Operating Officer (COO)

30,000 – 78,000

78,000 – 125,000

100,000 – 180,000

Chief Dealer Officer

30,000 – 60,000

60,000 – 108,000

96,000 – 144,000

2. Human Resources Salary Trends in Cyprus

Overview:
HR professionals are crucial for talent management and culture building. Compensation ranges reflect varying responsibilities—from junior roles to senior leadership.

Job Title

Junior (€)

Mid (€)

Senior (€)

Head of HR

35,000 – 54,000

40,000 – 90,000

58,000 – 120,000

HR Business Partner

42,000 – 48,000

48,000 – 54,000

54,000 – 60,000

Talent Acquisition Manager

18,000 – 25,000

25,000 – 35,000

30,000 – 55,000

HR Manager

25,000 – 30,000

30,000 – 75,000

42,000 – 84,000

HR Officer

15,000 – 36,000

15,600 – 42,000

27,600 – 48,000

HR Administrator

12,000 – 24,000

18,000 – 42,000

22,800 – 66,000

TA Officer / Recruiter / Specialist

15,000 – 36,000

20,000 – 42,000

24,000 – 66,000

HR Specialist

25,000 – 30,000

36,000 – 42,000

42,000 – 48,000

3. Engineering & Technology Salary Trends in Cyprus

Overview:
Demand for tech talent is strong in Cyprus. Both traditional IT roles and specialized development positions are well-compensated, with senior roles in some areas reaching high figures.

Job Title

Junior (€)

Mid (€)

Senior (€)

Software Engineering Manager

49,200 – 65,000

58,800 – 170,000

Software Engineering Team Lead

33,600 – 38,000

40,000 – 46,000

47,000 – 90,000

Frontend Developer

18,000 – 54,000

30,000 – 66,000

40,000 – 78,000

Backend Developer

18,000 – 42,000

38,400 – 75,000

49,200 – 78,000

Full Stack Engineer

20,000 – 35,000

35,000 – 65,000

40,800 – 82,000

Mobile/iOS Developer

24,000 – 35,000

36,000 – 70,000

Android Developer

24,000 – 35,000

36,000 – 55,000

Java Developer

25,000 – 35,000

50,000 – 65,000

60,000 – 75,000

Python Developer

24,000 – 35,000

55,000 – 60,000

65,000 – 80,000

C++ Developer

24,000 – 32,000

40,000 – 50,000

50,000 – 70,000

C# Developer

25,000 – 35,000

38,000 – 50,000

55,000 – 80,000

QA Engineer (Manual)

18,000 – 50,000

22,000 – 54,000

40,000 – 55,000

QA Engineer (Automation)

20,000 – 25,000

30,000 – 54,000

50,000 – 75,000

DevOps Engineer

20,000 – 42,000

33,000 – 66,000

66,000 – 103,000

4. Data Science & Analytics Salary Trends in Cyprus

Overview:
Data professionals are in high demand as businesses shift to data-driven strategies. Roles range from Data Engineers to Business Intelligence Analysts with senior positions well-compensated.

Job Title

Junior (€)

Mid (€)

Senior (€)

Data Engineer

20,000 – 28,000

30,000 – 70,000

45,000 – 74,000

Business Intelligence Analyst

15,000 – 48,000

22,000 – 60,000

32,000 – 80,000

Data Scientist

45,000 – 60,000

60,000 – 74,000

Risk Analyst

19,200 – 27,000

24,000 – 36,000

33,000 – 35,000

5. Marketing & Communications, Design Salary Trends in Cyprus

Overview:
Creative and strategic roles in marketing and design are essential as brands compete in a digital landscape. Compensation reflects a range of responsibilities, from strategic leadership to operational execution.

Job Title

Junior (€)

Mid (€)

Senior (€)

Head of Marketing

50,000 – 60,000

45,000 – 72,000

48,000 – 120,000

Marketing Manager

15,000 – 39,600

25,400 – 48,000

48,000 – 72,000

Marketing Coordinator/Assistant

14,400 – 32,000

20,400 – 35,000

26,400 – 33,600

Digital Marketing Manager

18,000 – 35,000

27,600 – 55,000

36,000 – 45,000

Social Media Manager

14,400 – 48,000

24,000 – 66,000

33,600 – 78,000

Content Manager

14,400 – 30,000

24,000 – 45,000

33,500 – 54,000

SEO/SEM Specialist

18,000 – 48,000

27,600 – 66,000

38,400 – 84,000

PR/Communications Manager

14,400 – 38,400

24,000 – 48,000

33,600 – 66,000

UI/UX Designer

16,800 – 27,000

24,000 – 48,000

32,400 – 80,000

Graphic Designer

14,400 – 30,000

24,000 – 37,000

28,800 – 55,000

6. Sales & Business Development Salary Trends in Cyprus

Overview:
Sales and business development roles are dynamic, often combining a base salary with performance-based incentives. The range reflects the diversity of roles from strategic leadership to client management.

Job Title

Junior (€)

Mid (€)

Senior (€)

Head of Sales/BD

30,000 – 60,000

40,000 – 60,000

54,000 – 110,000

Sales Manager/BD Manager

15,000 – 30,000

30,000 – 49,200

33,600 – 60,000

Country Manager/Regional Manager

18,000 – 51,600

22,800 – 60,000

27,600 – 60,000

Sales Executive/Account Manager

12,000 – 40,800

15,600 – 48,000

19,200 – 66,000

Retention Agent

14,400 – 33,600

18,000 – 42,000

21,600 – 54,000

Conversion Agent

12,000 – 25,000

15,600 – 36,000

19,200 – 48,000

Partnership Manager

14,400 – 30,000

19,200 – 35,000

22,800 – 70,000

Affiliate Manager

18,000 – 42,000

24,000 – 48,000

36,000 – 65,500

7. Customer Success & Support Salary Trends in Cyprus

Overview:
Roles in customer success and support are key to maintaining high client satisfaction. Salary ranges in this sector reflect positions from front-line support to managerial roles.

Job Title

Junior (€)

Mid (€)

Senior (€)

Customer Success Manager

20,000 – 42,000

30,000 – 55,500

40,000 – 85,000

Customer Support Representative

12,000 – 27,000

21,600 – 30,000

25,200 – 36,000

Office Manager

12,000 – 26,400

20,000 – 39,300

28,800 – 45,000

Personal Assistant

15,000 – 36,000

15,000 – 60,000

25,000 – 84,000

Administrator/Corporate Admin

12,000 – 25,000

18,000 – 30,000

25,200 – 40,000

Receptionist

12,000 – 20,400

15,000 – 25,200

23,000 – 27,600

8. Accounting Salary Trends in Cyprus

Overview:
Accounting and finance positions are foundational to organizational success. Salary ranges increase significantly with experience, reflecting the strategic importance of these roles.

Job Title

Junior (€)

Mid (€)

Senior (€)

Financial Controller

45,000 – 66,000

45,000 – 78,000

60,000 – 115,000

Finance/Accounting Manager

25,000 – 45,000

40,000 – 70,000

Assistant Controller

35,000 – 45,000

45,000 – 51,000

43,000 – 51,000

Assistant Finance Manager

20,000 – 25,000

25,000 – 40,000

40,000 – 45,000

Financial Reporting Manager

21,600 – 24,000

24,000 – 55,000

42,000 – 81,600

Audit Manager/Internal Audit

15,000 – 42,000

35,000 – 54,000

55,000 – 130,000

Accountant (Qualified)

17,000 – 32,400

24,000 – 40,000

27,600 – 75,000

Accounts Payable/Receivable

14,400 – 30,000

20,000 – 37,200

29,400 – 42,000

Accounts Assistant/Bookkeeper

15,000 – 30,000

18,000 – 33,600

19,200 – 40,440

Payroll Manager

24,000 – 42,000

25,200 – 48,000

37,200 – 61,200

Payroll Accountant

15,600 – 30,000

24,000 – 40,000

28,800 – 40,000

Treasury Manager

24,000 – 35,000

28,800 – 55,000

42,400 – 125,000

Treasury Accountant

24,000 – 35,000

28,800 – 36,000

36,000 – 50,000

Payments Operations Manager

20,400 – 24,000

24,000 – 45,000

46,000 – 100,000

Payments Analyst

15,000 – 30,000

21,600 – 45,000

27,600 – 55,000

Payment Processing Specialist

19,200 – 30,000

25,200 – 36,000

31,200 – 61,200

Fraud Manager

36,000 – 42,000

30,000 – 54,000

54,000 – 72,000

Fraud Analyst

21,600 – 35,400

24,000 – 36,120

31,200 – 38,400

Back Office Operations Manager

21,600 – 40,000

29,400 – 48,000

34,800 – 110,000

Back Office Administrator

15,600 – 25,000

19,200 – 35,000

22,800 – 40,000

9. Trading & Execution Salary Trends in Cyprus

Overview:
Salary levels vary widely based on role specialization and market performance.

Job Title

Junior (€)

Mid (€)

Senior (€)

Trade/Dealing Room Manager

20,000 – 60,000

31,200 – 75,000

36,000 – 95,000

Trader/Dealer (CFD’s)

15,600 – 42,000

20,400 – 60,000

26,400 – 84,000

Trader/Dealer (Other)

20,000 – 24,000

24,000 – 44,400

30,000 – 54,000

Trade Support Officer

20,000 – 25,000

25,000 – 30,000

31,200 – 45,600

Market Data/Risk Analyst

18,000 – 30,000

22,800 – 36,000

28,800 – 66,000

10. Risk, Legal & Compliance Salary Trends in Cyprus

Overview:
As regulations tighten, roles in risk, legal, and compliance become increasingly critical. Salary ranges in this sector reflect the high level of responsibility and expertise required.

Job Title

Junior (€)

Mid (€)

Senior (€)

Risk Manager

26,400 – 60,000

31,200 – 66,000

35,000 – 96,000

Quantitative Risk Manager

40,000 – 65,000

60,000 – 95,000

Risk Officer

15,000 – 30,000

20,400 – 40,000

26,400 – 53,400

Head of Legal

48,000 – 51,600

35,000 – 65,000

57,600 – 150,000

Legal Manager

30,000 – 45,000

45,000 – 55,000

Legal Officer

15,000 – 35,000

22,800 – 40,000

31,200 – 50,000

Head of Compliance

30,000 – 60,000

35,000 – 72,000

48,000 – 120,000

Compliance Manager

22,800 – 54,000

30,000 – 60,000

36,000 – 84,000

Compliance Officer

15,000 – 45,600

22,800 – 45,600

31,200 – 70,000

Regulatory Compliance Officer

36,000 – 42,000

42,000 – 50,400

50,400 – 60,000

Anti-Money Laundering Analyst

18,000 – 36,000

30,000 – 42,000

32,400 – 55,000

Know Your Customer Analyst

18,000 – 35,000

30,000 – 40,000

32,000 – 55,000

The Cyprus job market in 2024/2025 offers a wealth of opportunities across diverse sectors. Whether you’re an executive, a tech specialist, or an accounting professional, understanding the salary benchmarks and job satisfaction trends is key to making informed career decisions. Cyprus is a top destination for talent.

Recommendations for HR and Recruitment Strategies

  • Refine Job Postings:
    Incorporate detailed, transparent compensation information and clearly define role responsibilities based on industry benchmarks.
  • Strengthen Employer Branding:
    Leverage the insights to promote your company as a competitive, forward-thinking employer that values transparency and career growth.
  • Utilize Data for Strategic Planning:
    Regularly update your recruitment strategies and salary structures in response to evolving market trends, ensuring ongoing competitiveness.
  • Internal Career Progression:
    Develop mentoring and training programs to help employees progress within your organization, thereby reducing turnover and maintaining a motivated workforce.

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Disclaimer:
The data presented in this report is based on the Emerald Zebra Cyprus Workforce Insights 2024 survey. Our findings are derived from responses collected from 550 employees working across fintech, tech, financial services, and iGaming sectors in Cyprus, supplemented by insights from a talent pool of over 20,000 screened candidates, job advert data, placement records, and our team’s deep industry expertise. The salary ranges and job satisfaction figures represent averages and ranges at the time of data collection and are subject to change as market conditions evolve. While we strive for accuracy, Emerald Zebra does not guarantee that all data is current or comprehensive, and the information provided should be used as a guide rather than a definitive source.

Your Questions on Cyprus Workforce Insights Q4 2024/2025 Answered

The Emerald Zebra Cyprus Workforce Insights 2024 report provides a detailed snapshot of salary trends and job satisfaction across key industries in Cyprus. In this FAQ/Q&A post, we address the most common questions from both job seekers and employers about the report and how to use its data effectively.

FAQs

Q1: What is the Emerald Zebra Cyprus Workforce Insights 2024 report?

A: The report is a comprehensive survey conducted by Emerald Zebra that captures salary ranges, job satisfaction levels, and employment trends across major sectors in Cyprus—including fintech, tech, finance, and iGaming. It is based on responses from 550 employees, 20 participating organizations and insights from over 20,000 screened candidates, alongside data from job adverts and placements.

Q2: How was the data for the report compiled?

A: Data was gathered through a detailed survey of employees working in various industries, supplemented by extensive screening of a talent pool, analysis of job advert data, placement records, and expert insights from the Emerald Zebra team. This multi-source approach ensures a robust and comprehensive dataset.

Q3: Which sectors are covered in the report?

A: The report covers a wide range of sectors, including: • C-Level & Executive Management • Human Resources • Engineering & Technology • Data Science & Analytics • Marketing & Communications/Design • Sales & Business Development • Customer Success & Support • Accounting • Trading & Execution • Risk, Legal & Compliance

Q4: What salary information can I expect from the report?

A: The report provides detailed salary ranges for each sector broken down by experience level (Junior, Mid, Senior). For example, C-level roles like CEOs range from €36,000 at the junior level to €300,000 at the senior level, while tech roles like Software Engineers range from €18,000 to €82,000 depending on experience. Each section includes averages, minimums, and maximums to help benchmark compensation.

Q5: How can employers use this report to improve their recruitment strategies?

A: Employers can leverage the data to: • Benchmark Salaries: Ensure that your compensation packages are competitive relative to market standards. • Enhance Transparency: Clearly communicate salary ranges in job postings to attract well-informed candidates. • Improve Employee Retention: Invest in training and career development programs, as indicated by the report’s insights on job satisfaction. • Tailor Recruitment Efforts: Use local keywords and data-driven insights to target the right talent in regions like Limassol and Nicosia.

Q6: How does the report address job satisfaction trends?

A: The report examines various factors such as bonus structures, work environment (e.g., hybrid, remote, on-site), and career advancement opportunities. For instance, while 49% of surveyed employees report being satisfied or very satisfied with their jobs, there is still room for improvement, particularly in areas like career progression and bonus schemes.

Q7: How frequently is the data updated?

A: The report reflects the data collected for the Q4 2024/2025 survey. Emerald Zebra conducts these surveys annually to track changes in the job market, salary trends, and job satisfaction, ensuring that the data remains relevant over time.

Q8: Where can I access the full report?

A: You can access the complete Cyprus Workforce Insights report by visiting our website at Emerald Zebra. This detailed report is an invaluable resource for both employers and job seekers looking to understand current market conditions.

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