Average Advertising Account Planner Salary in Cyprus for 2024

In this article, we will look at the average Advertising Account Planner salary for 2024 in Cyprus and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Euro. To keep things simple, we are using the EUR currency code instead of the currency symbol โ‚ฌ.

How Much Does an Advertising Account Planner Make in Cyprus?

An Advertising Account Planner working in Cyprus will typically earn around 16,400 EUR per year, and this can range from the lowest average salary of about 8,780 EUR to the highest average salary of 23,360 EUR.

Average Annual Salary
16,400 EUR
Average Monthly Salary
1,366 EUR

Lowest Annual Salary
8,780 EUR
Lowest Monthly Salary
731 EUR

Highest Annual Salary
23,360 EUR
Highest Monthly Salary
1,946 EUR

These are average salaries for an Advertising Account Planner in Cyprus and include benefits such as housing and transport. It's also possible for an Advertising Account Planner to earn more or less than the average salaries shown above.

Advertising Account Planner salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Advertising Account Planner Salaries in Cyprus

So we've looked at the average salaries an Advertising Account Planner will earn in Cyprus. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Advertising Account Planner can earn between 8,780 EUR and 23,360 EUR on average in Cyprus. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Advertising Account Planner in Cyprus is 14,140 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 14,140 EUR, and 50% of the population earn more than 14,140 EUR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Advertising Account Planner salary in Cyprus, 25% of the population are earning less than 10,220 EUR while 75% of the population earn more than 10,220 EUR.

75% of the population earn less than 21,540 EUR, and 25% of the population earn more than 21,540 EUR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Advertising Account Planner Salary by Experience Level in Cyprus

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average advertising account planner salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Advertising Account Planner in Cyprus that has less than two years of experience can expect to earn somewhere in the region of 9,440 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Advertising Account Planner salary would increase to 12,620 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as an Advertising Account Planner, the average salary would be 16,720 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 21,100 EUR.
  • 15 - 20 Years Experience. An Advertising Account Planner with 15 to 20 years of experience can earn an average of 23,380 EUR.
  • 20+ Years Experience. For an Advertising Account Planner with more than 20 years, the expected average salary increases to 23,480 EUR.

Average Salary by Experience Chart

0-2 Years
9,440 EUR
2-5 Years +31%
12,620 EUR
5-10 Years +40%
16,720 EUR
10-15 Years +20%
21,100 EUR
15-20 Years +9%
23,380 EUR
20+ Years +8%
23,480 EUR

Advertising Account Planner Salary by Education Level in Cyprus

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Advertising Account Planner in Cyprus based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Advertising Account Planner in Cyprus with a high school education can earn an average salary of 12,760 EUR.

  • Certificate or Diploma. An Advertising Account Planner in Cyprus with a certificate or diploma education can earn an average salary of 13,540 EUR.

  • Bachelor's Degree. An Advertising Account Planner in Cyprus with a bachelor's degree education can earn an average salary of 19,200 EUR.

  • Master's Degree. An Advertising Account Planner in Cyprus with a master's degree education can earn an average salary of 22,660 EUR.

Average Salary by Education Chart

High School
12,760 EUR
Certificate or Diploma +15%
13,540 EUR
Bachelor's Degree +40%
19,200 EUR
Master's Degree +29%
22,660 EUR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Cyprus is around 10,800 to 32,500 EUR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Advertising Account Planner Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Cyprus, a male advertising account planner will earn an average of 15,300 EUR, while a female advertising account planner will earn around 14,820 EUR.

This means that a male advertising account planner earns approximately 3% more than a female advertising account planner for performing the same job.

Average Salary by Gender Chart in Cyprus

Male
15,300 EUR
Female -3%
14,820 EUR

Advertising Account Planner Average Pay Raise in Cyprus

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Advertising Account Planner in Cyprus is around 7% every 28 months.

The national average pay raise across all professions and industries in Cyprus is around 5% every 28 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 7 ÷ 28 ) × 12  = 3%

What this means is that an Advertising Account Planner in Cyprus can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Cyprus for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Cyprus.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Advertising Account Planner Bonus and Incentive Rates in Cyprus

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Advertising Account Planner is a low bonus based job, with 10% of employees reporting at least one bonus in the last 12 months.

90% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 1% to 3%.

Received Bonus
10%
No Bonus
90%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Cyprus earn approximately 20% more than private sector employees in the same role.

Public Sector
28,180 EUR
Private Sector -20%
23,500 EUR

Salaries for Jobs Similar to an Advertising Account Planner

In the table below, we have salary information for jobs that are similar to an Advertising Account Planner in Cyprus.

Job Title Category Salary
Advertising Account Executive Advertising / Graphic Design / Events 26,400 EUR
Advertising Account Manager Advertising / Graphic Design / Events 28,680 EUR
Advertising and Promotions Manager Advertising / Graphic Design / Events 42,460 EUR
Advertising Coordinator Advertising / Graphic Design / Events 20,520 EUR
Advertising Manager Advertising / Graphic Design / Events 44,180 EUR
Advertising Operations Manager Advertising / Graphic Design / Events 41,820 EUR
Advertising Sales Director Advertising / Graphic Design / Events 43,080 EUR
Advertising Strategic Planner Advertising / Graphic Design / Events 27,620 EUR
Advertising Team Leader Advertising / Graphic Design / Events 25,220 EUR
Animator Advertising / Graphic Design / Events 19,020 EUR
Art Director Advertising / Graphic Design / Events 25,940 EUR
Art Manager Advertising / Graphic Design / Events 27,380 EUR
Artist Advertising / Graphic Design / Events 21,020 EUR
Artworker Advertising / Graphic Design / Events 17,260 EUR
Assistant Art Director Advertising / Graphic Design / Events 18,280 EUR
Audio and Video Equipment Technician Advertising / Graphic Design / Events 12,580 EUR
Audio Engineer Advertising / Graphic Design / Events 17,860 EUR
Audiosual Technician Advertising / Graphic Design / Events 17,260 EUR
Broadcast Administrator Advertising / Graphic Design / Events 27,300 EUR
Catering Sales Advertising / Graphic Design / Events 18,780 EUR
Catering Trainer Advertising / Graphic Design / Events 18,900 EUR
Commercial and Industrial Designer Advertising / Graphic Design / Events 15,880 EUR
Conference Organiser Advertising / Graphic Design / Events 19,360 EUR
Content and Media Production Lead Advertising / Graphic Design / Events 26,400 EUR
CopyWriter Advertising / Graphic Design / Events 18,780 EUR
Creative Designer Advertising / Graphic Design / Events 19,360 EUR
Creative Director Advertising / Graphic Design / Events 23,700 EUR
Designer Advertising / Graphic Design / Events 15,880 EUR
Desktop Publisher Advertising / Graphic Design / Events 12,620 EUR
Digital Campaign Manager Advertising / Graphic Design / Events 29,540 EUR
Digital Media Manager Advertising / Graphic Design / Events 32,020 EUR
Digital Media Strategist Advertising / Graphic Design / Events 32,960 EUR
Director of Events Advertising / Graphic Design / Events 45,580 EUR
Director of Graphic Design Advertising / Graphic Design / Events 24,840 EUR
Director of Social Media Marketing Advertising / Graphic Design / Events 33,120 EUR
Events and Promotions Manager Advertising / Graphic Design / Events 41,560 EUR
Events Director Advertising / Graphic Design / Events 41,560 EUR
Exhibit Designer Advertising / Graphic Design / Events 20,500 EUR
Exhibit Display Coordinator Advertising / Graphic Design / Events 17,740 EUR
Exhibit Display Manager Advertising / Graphic Design / Events 25,440 EUR
Finisher Advertising / Graphic Design / Events 13,700 EUR
Graphic Artist Advertising / Graphic Design / Events 18,260 EUR
Graphic Design Specialist Advertising / Graphic Design / Events 18,900 EUR
Graphic Designer Advertising / Graphic Design / Events 14,820 EUR
Graphics Artist Advertising / Graphic Design / Events 14,140 EUR
Graphics Design Supervisor Advertising / Graphic Design / Events 22,420 EUR
Group Creative Director Advertising / Graphic Design / Events 27,560 EUR
Imagery Analyst Advertising / Graphic Design / Events 14,200 EUR
Imaging Technologist Advertising / Graphic Design / Events 14,540 EUR
Interaction Designer Advertising / Graphic Design / Events 13,960 EUR
Media Analyst Advertising / Graphic Design / Events 21,380 EUR
Media Executive Advertising / Graphic Design / Events 27,040 EUR
Media Planner Advertising / Graphic Design / Events 23,520 EUR
Media Production Coordinator Advertising / Graphic Design / Events 17,760 EUR
Media Production Manager Advertising / Graphic Design / Events 35,520 EUR
Media Project Manager Advertising / Graphic Design / Events 34,380 EUR
Media Relations Representative Advertising / Graphic Design / Events 26,860 EUR
Media Sales Executive Advertising / Graphic Design / Events 31,980 EUR
Meeting and Event Planner Advertising / Graphic Design / Events 21,540 EUR
Multimedia Artist Advertising / Graphic Design / Events 16,340 EUR
Multimedia Specialist Advertising / Graphic Design / Events 14,540 EUR
Photographer Advertising / Graphic Design / Events 12,240 EUR
PPC Campaign Manager Advertising / Graphic Design / Events 25,160 EUR
Print Production Manager Advertising / Graphic Design / Events 27,560 EUR
Product and Brand Manager Advertising / Graphic Design / Events 41,700 EUR
Sales Promotion Manager Advertising / Graphic Design / Events 36,720 EUR
Search Engine Optimization Specialist (SEO) Advertising / Graphic Design / Events 15,300 EUR
Sketch Artist Advertising / Graphic Design / Events 17,760 EUR
Social Media Executive Advertising / Graphic Design / Events 33,960 EUR
Social Media Manager Advertising / Graphic Design / Events 32,620 EUR
Social Media Marketing Manager Advertising / Graphic Design / Events 33,440 EUR
Social Media Strategist Advertising / Graphic Design / Events 31,180 EUR
Special Events Supervisor Advertising / Graphic Design / Events 23,360 EUR
Technical Typist Advertising / Graphic Design / Events 9,940 EUR
User Experience UX Designer Advertising / Graphic Design / Events 15,700 EUR
UX Designer Advertising / Graphic Design / Events 15,580 EUR

Salary Comparison by City

If you want to compare salaries with different cities in Cyprus, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Larnaka 16,890 EUR
Limassol 20,810 EUR
Nicosia 17,500 EUR

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