Average Fashion Design Manager Salary in Cyprus for 2024

In this article, we will look at the average Fashion Design Manager 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 a Fashion Design Manager Make in Cyprus?

A Fashion Design Manager working in Cyprus will typically earn around 40,240 EUR per year, and this can range from the lowest average salary of about 21,640 EUR to the highest average salary of 58,280 EUR.

Average Annual Salary
40,240 EUR
Average Monthly Salary
3,353 EUR

Lowest Annual Salary
21,640 EUR
Lowest Monthly Salary
1,803 EUR

Highest Annual Salary
58,280 EUR
Highest Monthly Salary
4,856 EUR

These are average salaries for a Fashion Design Manager in Cyprus and include benefits such as housing and transport. It's also possible for a Fashion Design Manager to earn more or less than the average salaries shown above.

Fashion Design Manager 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 Fashion Design Manager Salaries in Cyprus

So we've looked at the average salaries a Fashion Design Manager will earn in Cyprus. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Fashion Design Manager can earn between 21,640 EUR and 58,280 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 a Fashion Design Manager in Cyprus is 37,620 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 37,620 EUR, and 50% of the population earn more than 37,620 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 Fashion Design Manager salary in Cyprus, 25% of the population are earning less than 24,200 EUR while 75% of the population earn more than 24,200 EUR.

75% of the population earn less than 43,520 EUR, and 25% of the population earn more than 43,520 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.

Fashion Design Manager 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 fashion design manager 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. A Fashion Design Manager in Cyprus that has less than two years of experience can expect to earn somewhere in the region of 24,800 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Fashion Design Manager salary would increase to 31,380 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Fashion Design Manager, the average salary would be 40,040 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 48,740 EUR.
  • 15 - 20 Years Experience. A Fashion Design Manager with 15 to 20 years of experience can earn an average of 51,900 EUR.
  • 20+ Years Experience. For a Fashion Design Manager with more than 20 years, the expected average salary increases to 57,080 EUR.

Average Salary by Experience Chart

0-2 Years
24,800 EUR
2-5 Years +26%
31,380 EUR
5-10 Years +32%
40,040 EUR
10-15 Years +18%
48,740 EUR
15-20 Years +11%
51,900 EUR
20+ Years +6%
57,080 EUR

Fashion Design Manager 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 a Fashion Design Manager 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. A Fashion Design Manager in Cyprus with a high school education can earn an average salary of 31,380 EUR.

  • Certificate or Diploma. A Fashion Design Manager in Cyprus with a certificate or diploma education can earn an average salary of 44,300 EUR.

  • Bachelor's Degree. A Fashion Design Manager in Cyprus with a bachelor's degree education can earn an average salary of 53,320 EUR.

Average Salary by Education Chart

High School
31,380 EUR
Certificate or Diploma +37%
44,300 EUR
Bachelor's Degree +29%
53,320 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.

Fashion Design Manager 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 fashion design manager will earn an average of 38,060 EUR, while a female fashion design manager will earn around 41,700 EUR.

This means that a male fashion design manager earns approximately 9% less than a female fashion design manager for performing the same job.

Average Salary by Gender Chart in Cyprus

Male
38,060 EUR
Female +9%
41,700 EUR

Fashion Design Manager 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 a Fashion Design Manager in Cyprus is around 8% every 30 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 = ( 8 ÷ 30 ) × 12  = 3%

What this means is that a Fashion Design Manager 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%

Fashion Design Manager 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.

A Fashion Design Manager is a moderate bonus based job, with 59% of employees reporting at least one bonus in the last 12 months.

41% 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 6% to 7%.

Received Bonus
59%
No Bonus
41%

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 a Fashion Design Manager

In the table below, we have salary information for jobs that are similar to a Fashion Design Manager in Cyprus.

Job Title Category Salary
Alterations Specialist Fashion and Apparel 12,300 EUR
Barber Fashion and Apparel 12,020 EUR
Bench Jeweler Fashion and Apparel 7,240 EUR
Clothing and Textile Technologist Fashion and Apparel 19,940 EUR
Cosmetology Educator Fashion and Apparel 23,260 EUR
Diamond Setter Fashion and Apparel 12,840 EUR
Diamond Worker Fashion and Apparel 12,240 EUR
Fabric Manager Fashion and Apparel 24,860 EUR
Fashion Designer Fashion and Apparel 37,200 EUR
Fashion Merchandiser Fashion and Apparel 14,140 EUR
Fashion Model Fashion and Apparel 24,280 EUR
Freelance Fashion Stylist Fashion and Apparel 36,580 EUR
Garment Technologist Fashion and Apparel 23,520 EUR
Hairstylist Fashion and Apparel 10,000 EUR
Jeweler Fashion and Apparel 19,480 EUR
Jewelry Mold Maker Fashion and Apparel 13,900 EUR
Jewelry Polisher Fashion and Apparel 8,780 EUR
Jewelry Sales Fashion and Apparel 16,340 EUR
Plating Manager Fashion and Apparel 25,440 EUR
Product Development Manager Fashion and Apparel 46,040 EUR
Sewing Machine Operator Fashion and Apparel 6,440 EUR
Shoe Sales Fashion and Apparel 12,620 EUR
Supply Chain Manager Fashion and Apparel 40,640 EUR
Tailor / Fitter Fashion and Apparel 9,740 EUR
Trend Forecaster Fashion and Apparel 25,940 EUR
Visual Merchandising Coordinator Fashion and Apparel 15,920 EUR
Visual Merchandising Projects Manager Fashion and Apparel 34,120 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 36,700 EUR
Limassol 44,140 EUR
Nicosia 40,420 EUR

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