Site icon Leonid Mamchenkov

Minimum salary in Cyprus

Living and working in Cyprus, I am often asked by people from other countries what are salaries like in Cyprus.  I never had a good answer to the question, because the answer depends a lot on the company you’ll be working for and your position.  Even the range for the same position across different companies can vary 3-4 times easily.

Cyprus Mail reports that the government had decided to increase the minimum wage (salary).  Gladly, the article provides a reference for average salary across the island.

THE MINIMUM wage is being increased to €887 from €840 effective from Thursday, the Labour Advisory Committee announced yesterday. Final approval for the 5.6 per cent increase, which will bring the minimum wage to 50 per cent of the average national wage, rests with the Cabinet.

So, this means that the while the minimum wage will now be €887, the average is twice that much – €1774.  That’s good to know.  Now I have an a better answer for all those people who are asking.

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