Technical Manager Average Salary in Cyprus 2024
How much money does a person working as Technical Manager make in Cyprus?
LOW
1,470
EUR AVERAGE
3,200
EUR HIGH
5,080
EUR
A person working as Technical Manager in Cyprus typically earns around 3,200 EUR. Salaries range from 1,470 EUR (lowest) to 5,080 EUR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Technical Manager salaries in Cyprus vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Technical Manager Pay Scale and Salaries in Cyprus
Salary Structure and Pay Scale Comparison
3,030 EUR or more
2,660 to 3,030 EUR
1,830 EUR or less
1,830 to 2,660 EUR
 1,470 EUR |
3,060 EUR |
5,080 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 Technical Manager in Cyprus range from 1,470 EUR (starting salary) to 5,080 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 3,060 EUR, half of the professionals who work as Technical Manager 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 Technical Manager in Cyprus earn less than 2,460 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 3,520 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 Technical Manager in Cyprus compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 1,830 EUR to 2,660 EUR. About 20% of salaries are below the 1,830 EUR mark, while 10% fall within the range of 2,660 EUR to 3,030 EUR. Only 5% of individuals have salaries exceeding 3,030 EUR.
Salary Comparison by Years of Experience / Technical Manager / Cyprus
How do experience and age affect pay?
| 0 - 2 Years | 1,670 EUR | |
| 2 - 5 Years | +34% | 2,230 EUR |
| 5 - 10 Years | +48% | 3,300 EUR |
| 10 - 15 Years | +22% | 4,020 EUR |
| 15 - 20 Years | +9% | 4,380 EUR |
| 20+ Years | +8% | 4,740 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 Technical Manager and this is what we found.
Employees with less than two years of experience earn approximately 1,670 EUR.
While someone with an experience level between two and five years is expected to earn 2,230 EUR, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 3,300 EUR, 48% 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 4,020 EUR, 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 4,380 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 4,740 EUR, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Technical Manager / Cyprus
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Technical Manager.
| Bachelor's Degree | 1,940 EUR | |
| Master's Degree | +93% | 3,750 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 Technical Manager in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 1,940 EUR.
Level 2: Master's Degree
At this level, the average salary becomes 3,750 EUR, 93% more than the previous level.
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 10,900 EUR to 32,600 EUR 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 to a higher-paying job. The numbers seem to support the theory. 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 and Compensation Comparison By Gender / Technical Manager / 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 Technical Manager in Cyprus, the average difference between the salary of male and female employees is 8%.
| Male | 3,310 EUR | |
| Female | -7% | 3,080 EUR |
Salary Comparison By Gender in Cyprus for all Careers
Average Annual Salary Increment Percentage / Technical Manager / Cyprus
How much are annual salary increments in Cyprus for individuals working as Technical Manager? How often do employees get salary raises?
Individuals working as Technical Manager in Cyprus are likely to observe a salary increase of approximately 9% every 28 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 / Technical Manager / Cyprus
How much and how often are bonuses being awarded?
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58% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 42% 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 | 42% | |
| No Bonus | 58% |
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 / Technical Manager / Cyprus
18 EUR per hourThe average hourly wage (pay per hour) for individuals working as Technical Manager in Cyprus is 18 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 Technical Manager in Cyprus is 8 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 |
| Science and Technical Services |  -100% | |
| 3D Lab Technologist | 2,060 EUR | -36% |
| 3D Printing Specialist | 1,990 EUR | -38% |
| Algorithm Developer | 2,790 EUR | -13% |
| Analytical Chemist | 3,880 EUR |  +21% |
| Anthropologist | 3,080 EUR | -4% |
| Archeologist | 2,510 EUR | -21% |
| Assistant Breeder | 1,350 EUR | -58% |
| Astronomer | 4,690 EUR | +47% |
| Atmospheric and Space Scientist | 3,900 EUR | +22% |
| Behavior Analyst | 2,660 EUR | -17% |
| Behavior Intervention Specialist | 2,800 EUR | -12% |
| Behavior Specialist | 2,750 EUR | -14% |
| Biochemist | 4,430 EUR | +39% |
| Biofuels Processing Technician | 1,830 EUR | -43% |
| Biofuels Production Manager | 3,110 EUR | -3% |
| Biologist | 4,310 EUR | +35% |
| Biomedical Laboratory Officer | 1,740 EUR | -46% |
| Biomedical Scientist | 4,600 EUR | +44% |
| Biophysicist | 4,670 EUR | +46% |
| Chemical Engineer | 2,050 EUR | -36% |
| Chemical Technologist | 2,010 EUR | -37% |
| Chemist | 4,280 EUR | +34% |
| Chief Robotics Integration Officer | 3,300 EUR | +3% |
| Chief Technologist | 3,830 EUR | +20% |
| Climate Change Analyst | 2,860 EUR | -11% |
| Clinical Laboratory Scientist | 4,520 EUR | +41% |
| Computer Scientist | 3,400 EUR | +6% |
| Conservation Scientist | 3,480 EUR | +9% |
| Data Science Specialist | 2,630 EUR | -18% |
| Data Scientist | 3,290 EUR | +3% |
| DNA Analyst | 4,440 EUR | +39% |
| Ecologist | 3,490 EUR | +9% |
| Economic Development Specialist | 3,370 EUR | +5% |
| Flavourist | 1,490 EUR | -53% |
| Food Scientist | 2,770 EUR | -13% |
| Forensic Scientist | 3,610 EUR | +13% |
| Formulation Technologist | 1,790 EUR | -44% |
| Fraud Investigator | 2,160 EUR | -32% |
| Genomics Scientist | 4,580 EUR | +43% |
| Geographer | 2,500 EUR | -22% |
| Geographic Information Systems Technician | 1,530 EUR | -52% |
| Geological Data Technician | 1,540 EUR | -52% |
| Geological Technician | 1,830 EUR | -43% |
| Geologist | 3,620 EUR | +13% |
| Geomatics Scientist | 3,590 EUR | +12% |
| Geophysical Data Technician | 1,470 EUR | -54% |
| Geospatial Information Scientist and Technologist | 3,460 EUR | +8% |
| Global Technical Lead | 4,560 EUR | +43% |
| Hydrologist | 2,960 EUR | -7% |
| Industrial Ecologist | 2,950 EUR | -8% |
| Intelligence Analyst | 2,770 EUR | -13% |
| Internet of Things (IoT) Architect | 2,210 EUR | -31% |
| Internet of Things (IoT) Compliance Analyst | 2,430 EUR | -24% |
| Internet of Things (IoT) Consultant | 2,480 EUR | -22% |
| Internet of Things (IoT) Engineer | 2,200 EUR | -31% |
| Internet of Things (IoT) Integration Specialist | 2,260 EUR | -29% |
| Internet of Things (IoT) Logistics Analyst | 1,930 EUR | -40% |
| Internet of Things (IoT) Security Analyst | 1,910 EUR | -40% |
| Internet of Things (IoT) Specialist | 2,070 EUR | -35% |
| Internet of Things (IoT) Technician | 1,670 EUR | -48% |
| Knowledge Management Specialist | 2,250 EUR | -30% |
| Lab Analyst | 1,880 EUR | -41% |
| Lab Manager | 3,180 EUR | -1% |
| Lab Technician | 1,390 EUR | -57% |
| Laboratory Manager | 3,000 EUR | -6% |
| Laboratory Researcher | 2,140 EUR | -33% |
| Laboratory Technician | 1,350 EUR | -58% |
| Life Sciences Analyst | 3,150 EUR | -1% |
| Life Scientist | 3,440 EUR | +8% |
| Marine Architect | 2,660 EUR | -17% |
| Marine Biologist | 3,170 EUR | -1% |
| Marine Superintendent | 1,950 EUR | -39% |
| Materials Analyst | 1,860 EUR | -42% |
| Materials Scientist | 3,470 EUR | +9% |
| Mathematician | 3,510 EUR | +10% |
| Medical Scientist | 4,460 EUR | +40% |
| Metallurgist | 3,230 EUR | +1% |
| Meteorologist | 3,090 EUR | -3% |
| Microbiologist | 4,810 EUR | +50% |
| Natural Language Processing Researcher | 2,780 EUR | -13% |
| Natural Resource Specialist | 2,670 EUR | -16% |
| Natural Resources Analyst | 2,760 EUR | -14% |
| Natural Sciences Manager | 4,090 EUR | +28% |
| Neurotechnology Specialist | 3,960 EUR | +24% |
| Nuclear Engineer | 4,690 EUR | +47% |
| Physical Scientist | 3,780 EUR | +18% |
| Physicist | 4,550 EUR | +42% |
| Political Scientist | 3,500 EUR | +9% |
| Polygraph Examiner | 1,180 EUR | -63% |
| Polysomnographic Technologist | 2,130 EUR | -33% |
| Product Development Scientist | 3,820 EUR | +19% |
| Quantitative Research Analyst | 2,920 EUR | -9% |
| Quantitative Researcher | 3,090 EUR | -3% |
| Quantum Algorithm Developer | 2,670 EUR | -16% |
| Quantum Computing Engineer | 2,300 EUR | -28% |
| Quantum Computing Ethics Officer | 2,300 EUR | -28% |
| Quantum Computing Specialist | 2,520 EUR | -21% |
| Radiation Protection Specialist | 2,390 EUR | -25% |
| Refrigeration Technician | 1,060 EUR | -67% |
| Research Scientist | 3,160 EUR | -1% |
| Risk Safety Engineer | 2,030 EUR | -37% |
| Robotics Architect | 2,660 EUR | -17% |
| Scientific Photographer | 1,880 EUR | -41% |
| Scientific Programmer | 2,830 EUR | -11% |
| Scientist | 3,180 EUR | -1% |
| Service Engineer | 1,980 EUR | -38% |
| Service Technician | 1,320 EUR | -59% |
| Social Science Research Assistant | 1,940 EUR | -39% |
| Social Scientist | 3,440 EUR | +8% |
| Sociologist | 3,160 EUR | -1% |
| Soil Scientist | 2,820 EUR | -12% |
| Statistical Analyst | 1,880 EUR | -41% |
| Statistical Assistant | 1,450 EUR | -55% |
| Statistician | 3,070 EUR | -4% |
| Survey Analyst | 2,010 EUR | -37% |
| Survey Researcher | 1,790 EUR | -44% |
| Surveying and Mapping Technician | 1,170 EUR | -63% |
| Team Leader | 2,690 EUR | -16% |
| Technical Manager | 3,200 EUR | +0% |
| Technical Officer | 1,310 EUR | -59% |
| Technical Service Director | 3,940 EUR | +23% |
| Technical Services Regulatory Affairs Specialist | 2,090 EUR | -35% |
| Technical Services Research and Development Manager | 4,480 EUR | +40% |
| Technical Services Research Associate | 2,130 EUR | -33% |
| Technical Services Research Coordinator | 2,230 EUR | -30% |
| Technician | 1,280 EUR | -60% |
| Water Ecologist | 3,620 EUR | +13% |
| Wearable Technology Developer | 2,260 EUR | -29% |
| Wearables Specialist | 1,860 EUR | -42% |
| Wildlife Biologist | 3,050 EUR | -5% |
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 Technical Manager in Cyprus?
A good and competitive compensation would range anywhere between 3,060 EUR and 3,520 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 Technical Manager in Cyprus ranges from 1,470 EUR to 2,460 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
