Store Keeper Average Salary in Cyprus 2024
How much money does a person working as Store Keeper make in Cyprus?
LOW
510
EUR AVERAGE
1,000
EUR HIGH
1,550
EUR
A person working as Store Keeper in Cyprus typically earns around 1,000 EUR. Salaries range from 510 EUR (lowest) to 1,550 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Store Keeper salaries in Cyprus vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Store Keeper Pay Scale and Salaries in Cyprus
Salary Structure and Pay Scale Comparison
920 EUR or more
810 to 920 EUR
590 EUR or less
590 to 810 EUR
 510 EUR |
920 EUR |
1,550 EUR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Store Keeper in Cyprus range from 510 EUR (starting salary) to 1,550 EUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 920 EUR, half of the professionals who work as Store Keeper in Cyprus earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Store Keeper in Cyprus earn less than 760 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 1,050 EUR while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Store Keeper in Cyprus compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 590 EUR to 810 EUR. About 20% of salaries are below the 590 EUR mark, while 10% fall within the range of 810 EUR to 920 EUR. Only 5% of individuals have salaries exceeding 920 EUR.
Salary Comparison by Years of Experience / Store Keeper / Cyprus
How do experience and age affect pay?
| 0 - 2 Years | 570 EUR | |
| 2 - 5 Years | +31% | 750 EUR |
| 5 - 10 Years | +40% | 1,050 EUR |
| 10 - 15 Years | +20% | 1,260 EUR |
| 15 - 20 Years | +9% | 1,370 EUR |
| 20+ Years | +8% | 1,480 EUR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Store Keeper and this is what we found.
Employees with less than two years of experience earn approximately 570 EUR.
While someone with an experience level between two and five years is expected to earn 750 EUR, 31% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 1,050 EUR, 40% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 1,260 EUR, 20% 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 1,370 EUR, 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 1,480 EUR, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Store Keeper / Cyprus
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Store Keeper.
| High School | 660 EUR | |
| Certificate or Diploma | +47% | 970 EUR |
| Bachelor's Degree | +53% | 1,480 EUR |
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 salaries by education level for the position Store Keeper in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 660 EUR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 970 EUR, 47% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 1,480 EUR, 53% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Store Keeper / Cyprus
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Store Keeper in Cyprus, the average difference between the salary of male and female employees is 7%.
| Male | 1,040 EUR | |
| Female | -7% | 970 EUR |
Salary Comparison By Gender in Cyprus for all Careers
Average Annual Salary Increment Percentage / Store Keeper / Cyprus
How much are annual salary increments in Cyprus for individuals working as Store Keeper? How often do employees get salary raises?
Individuals working as Store Keeper in Cyprus are likely to observe a salary increase of approximately 6% every 29 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.
Cyprus / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Store Keeper / Cyprus
How much and how often are bonuses being awarded?
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90% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 10% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.
| Received Bonus | 10% | |
| No Bonus | 90% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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 Generators | Supporting 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: | Example: |
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.
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.
Average Hourly Wage / Store Keeper / Cyprus
6 EUR per hourThe average hourly wage (pay per hour) for individuals working as Store Keeper in Cyprus is 6 EUR.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
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 fixed 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.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Store Keeper in Cyprus is 3 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Purchasing and Inventory |  -100% | |
| Asset Management Associate | 1,860 EUR |  +85% |
| Asset Protection Associate | 1,800 EUR | +79% |
| Asset Protection Specialist | 2,010 EUR | +100% |
| Assistant Buyer | 1,670 EUR | +66% |
| Buyer | 3,000 EUR | +200% |
| Capacity Planner | 2,080 EUR | +110% |
| Category Leader | 1,900 EUR | +89% |
| Category Management Specialist | 2,070 EUR | +110% |
| Category Manager | 2,270 EUR | +130% |
| Channel Services Representative | 2,080 EUR | +110% |
| Contracts Manager | 2,270 EUR | +130% |
| Contracts Specialist | 1,830 EUR | +82% |
| Demand Planner | 2,030 EUR | +100% |
| Demand Planning Manager | 2,370 EUR | +140% |
| Digital Procurement Manager | 2,210 EUR | +120% |
| Distribution Assistant | 1,680 EUR | +67% |
| Distribution Associate | 1,640 EUR | +63% |
| Distribution Manager | 3,720 EUR | +270% |
| E-Commerce Buyer | 1,890 EUR | +88% |
| E-procurement Specialist | 2,320 EUR | +130% |
| Freight and Customs Compliance Manager | 2,360 EUR | +140% |
| Green Procurement Specialist | 2,090 EUR | +110% |
| Inventory Analyst | 1,910 EUR | +90% |
| Inventory Analytics Manager | 1,890 EUR | +88% |
| Inventory Control Clerk | 970 EUR | -3% |
| Inventory Control Manager | 2,620 EUR | +160% |
| Inventory Management Associate | 1,930 EUR | +92% |
| Inventory Optimization Manager | 2,210 EUR | +120% |
| Inventory Specialist | 1,870 EUR | +86% |
| Logistics Automation Engineer | 1,990 EUR | +98% |
| Logistics Engineer | 1,700 EUR | +69% |
| Master Planner | 1,890 EUR | +88% |
| Material Handler | 1,160 EUR | +16% |
| Material Planning Specialist | 1,570 EUR | +56% |
| Merchandise Manager | 2,220 EUR | +120% |
| Procurement Administrator | 2,180 EUR | +120% |
| Procurement Agent | 1,530 EUR | +52% |
| Procurement Analyst | 2,350 EUR | +130% |
| Procurement Assistant | 1,470 EUR | +46% |
| Procurement Associate | 2,000 EUR | +99% |
| Procurement Clerk | 900 EUR | -10% |
| Procurement Engineer | 1,780 EUR | +77% |
| Procurement Manager | 3,880 EUR | +290% |
| Procurement Officer | 880 EUR | -12% |
| Procurement Process Analyst | 2,290 EUR | +130% |
| Procurement Risk Manager | 2,170 EUR | +120% |
| Procurement Specialist | 1,810 EUR | +80% |
| Procurement Technology Consultant | 2,330 EUR | +130% |
| Production Planner | 2,170 EUR | +120% |
| Project Buyer | 2,510 EUR | +150% |
| Purchaser | 2,990 EUR | +200% |
| Purchasing Agent | 1,610 EUR | +60% |
| Purchasing Assistant | 1,060 EUR | +6% |
| Purchasing Manager | 3,760 EUR | +270% |
| Purchasing Officer | 1,670 EUR | +66% |
| Purchasing Supervisor | 2,490 EUR | +150% |
| Shipping and Receiving Clerk | 890 EUR | -11% |
| Shipping Coordinator | 1,850 EUR | +84% |
| Stock Clerk | 970 EUR | -3% |
| Stock Regulator | 1,150 EUR | +15% |
| Storage Manager | 2,320 EUR | +130% |
| Store Keeper | 1,000 EUR | -0% |
| Stores and Logistics Coordinator | 1,900 EUR | +89% |
| Strategic Sourcing Analyst | 2,660 EUR | +160% |
| Supplier Diversity Program Manager | 2,540 EUR | +150% |
| Supplier Relationship Manager | 2,590 EUR | +160% |
| Supply Chain Analyst | 2,680 EUR | +170% |
| Supply Chain Coordinator | 1,950 EUR | +94% |
| Supply Chain Development Manager | 3,430 EUR | +240% |
| Supply Chain Director | 4,120 EUR | +310% |
| Supply Chain Manager | 3,850 EUR | +280% |
| Supply Planner | 1,800 EUR | +79% |
| Sustainability Procurement Specialist | 2,470 EUR | +150% |
| Sustainable Sourcing Specialist | 1,950 EUR | +94% |
| Sustainable Supply Chain Manager | 2,760 EUR | +170% |
| Third Party Logistics Manager | 2,930 EUR | +190% |
| Vendor Management Specialist | 2,730 EUR | +170% |
| Warehouse Assistant | 750 EUR | -25% |
| Warehouse Automation Engineer | 1,980 EUR | +97% |
| Warehouse Clerk | 840 EUR | -16% |
| Warehouse Executive | 3,320 EUR | +230% |
| Warehouse Lead | 2,090 EUR | +110% |
| Warehouse Manager | 3,370 EUR | +240% |
| Warehouse Supervisor | 2,460 EUR | +150% |
| Wholesale Buyer | 2,930 EUR | +190% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Cyprus is 18% on average across all career fields.
| Private Sector | 1,950 EUR | |
| Public Sector | +18% | 2,300 EUR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Store Keeper in Cyprus?
A good and competitive compensation would range anywhere between 920 EUR and 1,050 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Store Keeper in Cyprus ranges from 510 EUR to 760 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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
