Minimum Wage in Cyprus :The minimum monthly wage upon recruitment was revised to €870, while the minimum monthly wage for employees, who have completed a six month period of employment at the same employer, was revised to €924.
The minimum wage for security guards was revised to an hourly rate of €4,90 and upon completion of a six month period of employment at the same employer is increased to €5,20.
The hourly rate of pay for newly recruited cleaners is €4,55 and upon completing six months of employment at the same employer is increased to €4,84.
It should be noted that the normal working hours of shop assistants according to the relevant Law, must not exceed 38 hours weekly and 8 hours daily, whilst for clerks the working hours should not exceed 44 hours in total per week (including any overtime) or 8 hours daily (normal working hours are usually 38 to 40 hours based on normal practice and agreement with each employer).
Cyprus Minimum Wage Rates – ALL
|YEAR||MONTHLY (EUR)||MONTHLY (USD)|
Cyprus Average Annual Salary – 2019
Based on our survey average GROSS salary in Cyprus is EUR 40,344. Average NET salary is EUR 31,678.
1 EUR: 1.16 USD
|Human Resources Manager||EUR 39,330|
|Finance Manager||EUR 119,285|
|Software Developer||EUR 27,057|
|Hotel Manager||EUR 55,833|
|Marketing Manager||EUR 40,500|
Facts and statistics about Cyprus
After Sicily and Sardinia the country Cyprus is the third largest island in the Mediterranean. It has an area of 9.251 square kilometers. In the Mediterranean it is situated at the north-eastern corner. In the Greek mythology Cyprus occupies an important role. Cyprus mainly has a Mediterranean climate such as wet winters from November to March, and hot, dry summer from June to September.
In winemaking Cyprus has a long tradition which goes back over 4,ooo years. The capital city of the country Cyprus is Nocosia which is divided by “The Green Line”. It is among the safest places in the world as it has very low crime rate.
|Capital and largest city||Nicosia|
|Official languages||Greek, Turkish|
|Area Total||9,251 km2|
|GDP (Nominal)||$29.666 billion|