Salary Survey
for IT, Data and Business Change – Cyprus
Salary Survey Guide ’21
Updated with the latest sectors and salaries to reflect the latest trends, market activities and salary market rates.
Salary Survey 2021 for IT, Data and Business Change – Cyprus
The COVID-19 pandemic has certainly brought about change in the economy. Besides the initial shock back in March 2020 which found some organisations reconsidering their recruitment plans, most areas of the IT market in Cyprus have not changed like many other industries. Most organisations are relying on software applications and their IT networks like never before.
Cyprus has experienced strong growth over the last 5 years, which has resulted in the creation of many career opportunities for software engineers and other IT professionals. Cyprus continues to be an attractive location for international talent and that is supported by the growing number of international organisations established in Cyprus. There is a significant amount of hiring happening in the Cypriot market and we expect a very significant rise once the recruitment budgets are approved for 2021. The companies that had “pressed pause” on recruitment due to the uncertainty are now trying to pick up the “lost ground” and get back into the market for finding new talent. Candidates have become more experienced and they are properly screening companies to make sure there is stability and longevity.
Most organisations have adapted to the “new way of living” and have completed their transformation in terms of remote interviewing, remote onboarding and remote working. The companies that will continue offering a hybrid structure (home working and office working) will definitely find themselves in a stronger position to attract top candidates.
Archer’s consultants are experts in recruiting in their specialist sector of the IT market in Limassol, Nicosia and Larnaca, Cyprus. Our laser focus on these niches means that our consultants have an in-depth knowledge of the market and that keen insight forms the foundation for everything we do. Our team shares a common goal: to unite the top IT employers in Cyprus with the best IT talent. We have created this Salary Survey to share our insight into the market with candidates and hiring teams to help them make their next career move or to improve their recruitment process. Let’s talk If you would like further insight on any aspect of our Salary Survey, then why not get in touch?
How do we get this information?
We compile this salary survey from 8,000 people in IT, Data and Business Change. We also look at the salaries offered by 80 companies and government organisations across Cyprus.
We consider trends in the US, which have a significant impact on IT Jobs and Employment in Ireland. We also consider local information and statistics from the Cyprus Ministry of Finance.