Average Furnace Operator Salary in Cyprus for 2024

In this article, we will look at the average Furnace Operator 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 Furnace Operator Make in Cyprus?

A Furnace Operator working in Cyprus will typically earn around 7,620 EUR per year, and this can range from the lowest average salary of about 2,020 EUR to the highest average salary of 10,000 EUR.

Average Annual Salary
7,620 EUR
Average Monthly Salary
635 EUR

Lowest Annual Salary
2,020 EUR
Lowest Monthly Salary
168 EUR

Highest Annual Salary
10,000 EUR
Highest Monthly Salary
833 EUR

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

Furnace Operator 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 Furnace Operator Salaries in Cyprus

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

Salary ranges

We already know that a Furnace Operator can earn between 2,020 EUR and 10,000 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 Furnace Operator in Cyprus is 7,620 EUR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 7,620 EUR, and 50% of the population earn more than 7,620 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 Furnace Operator salary in Cyprus, 25% of the population are earning less than 4,320 EUR while 75% of the population earn more than 4,320 EUR.

75% of the population earn less than 8,560 EUR, and 25% of the population earn more than 8,560 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.

Furnace Operator 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 furnace operator 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 Furnace Operator in Cyprus that has less than two years of experience can expect to earn somewhere in the region of 4,840 EUR.
  • 2 - 5 Years Experience. With two to five years of experience the average Furnace Operator salary would increase to 6,180 EUR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Furnace Operator, the average salary would be 7,300 EUR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 8,560 EUR.
  • 15 - 20 Years Experience. A Furnace Operator with 15 to 20 years of experience can earn an average of 9,980 EUR.
  • 20+ Years Experience. For a Furnace Operator with more than 20 years, the expected average salary increases to 12,300 EUR.

Average Salary by Experience Chart

0-2 Years
4,840 EUR
2-5 Years +33%
6,180 EUR
5-10 Years +34%
7,300 EUR
10-15 Years +19%
8,560 EUR
15-20 Years +8%
9,980 EUR
20+ Years +7%
12,300 EUR

Furnace Operator 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 Furnace Operator 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 Furnace Operator in Cyprus with a high school education can earn an average salary of 5,200 EUR.

  • Certificate or Diploma. A Furnace Operator in Cyprus with a certificate or diploma education can earn an average salary of 9,740 EUR.

Average Salary by Education Chart

High School
5,200 EUR
Certificate or Diploma +59%
9,740 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.

Furnace Operator 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 furnace operator will earn an average of 5,960 EUR, while a female furnace operator will earn around 6,200 EUR.

This means that a male furnace operator earns approximately 4% less than a female furnace operator for performing the same job.

Average Salary by Gender Chart in Cyprus

Male
5,960 EUR
Female +4%
6,200 EUR

Furnace Operator 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 Furnace Operator in Cyprus is around 5% every 29 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 = ( 5 ÷ 29 ) × 12  = 2%

What this means is that a Furnace Operator in Cyprus can expect to receive an average pay raise of around 2% 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%

Furnace Operator 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 Furnace Operator is a low bonus based job, with 11% of employees reporting at least one bonus in the last 12 months.

89% 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 0% to 3%.

Received Bonus
11%
No Bonus
89%

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 Furnace Operator

In the table below, we have salary information for jobs that are similar to a Furnace Operator in Cyprus.

Job Title Category Salary
Assembly Foreman Factory and Manufacturing 6,760 EUR
Assembly Line Worker Factory and Manufacturing 6,080 EUR
Assembly Supervisor Factory and Manufacturing 12,840 EUR
Assistance Maintenance Manager Factory and Manufacturing 27,300 EUR
Assistant Shipping Manager Factory and Manufacturing 23,660 EUR
Chemical Equipment Controller Factory and Manufacturing 18,780 EUR
Chemical Technican Apprentice Factory and Manufacturing 14,620 EUR
CNC Machinist Factory and Manufacturing 16,400 EUR
CNC Operator Factory and Manufacturing 14,660 EUR
CNC Programmer Factory and Manufacturing 16,340 EUR
Colour Technologist Factory and Manufacturing 10,320 EUR
Contracts Manager Factory and Manufacturing 27,480 EUR
Data Collection Coordinator Factory and Manufacturing 10,000 EUR
Demand Planner Factory and Manufacturing 12,300 EUR
Derrick Operator Factory and Manufacturing 6,080 EUR
Director of Manufacturing Factory and Manufacturing 44,540 EUR
Dock Worker Factory and Manufacturing 5,520 EUR
Drying Technician Factory and Manufacturing 6,760 EUR
Equipment Operator Factory and Manufacturing 6,960 EUR
Export Sales Coordinator Factory and Manufacturing 23,520 EUR
Factory Superintendent Factory and Manufacturing 12,520 EUR
Factory Worker Factory and Manufacturing 6,440 EUR
Failure Analysis Technician Factory and Manufacturing 12,760 EUR
Fiberglass Laminator Factory and Manufacturing 7,620 EUR
Food Technologist Factory and Manufacturing 14,620 EUR
Forklift Driver Factory and Manufacturing 7,620 EUR
Forklift Operator Factory and Manufacturing 6,760 EUR
Forming Machine Operator Factory and Manufacturing 5,960 EUR
Gas Appliance Repairer Factory and Manufacturing 7,620 EUR
General Warehouse Associate Factory and Manufacturing 12,620 EUR
Heavy Equipment Operator Factory and Manufacturing 9,440 EUR
HSE Manager Factory and Manufacturing 31,380 EUR
Industrial Engineer Factory and Manufacturing 24,840 EUR
Industrial Machinery Mechanic Factory and Manufacturing 12,240 EUR
Industrial Production Manager Factory and Manufacturing 43,360 EUR
Industrial Safety and Health Engineer Factory and Manufacturing 23,400 EUR
Intake Operator Factory and Manufacturing 7,820 EUR
Key Account Manager Factory and Manufacturing 35,340 EUR
Lift Truck Operator Factory and Manufacturing 7,040 EUR
Loading Supervisor Factory and Manufacturing 13,060 EUR
Logistic Coordinator Factory and Manufacturing 20,120 EUR
Logistics Clerk Factory and Manufacturing 10,100 EUR
Machine Operator Factory and Manufacturing 7,620 EUR
Machinist Factory and Manufacturing 7,620 EUR
Maintenance Manager Factory and Manufacturing 26,860 EUR
Maintenance Store Clerk Factory and Manufacturing 7,040 EUR
Manufacturing Engineer Factory and Manufacturing 22,340 EUR
Manufacturing Engineering Manager Factory and Manufacturing 34,540 EUR
Manufacturing Engineering Technologist Factory and Manufacturing 24,860 EUR
Manufacturing Manager Factory and Manufacturing 37,880 EUR
Manufacturing Operative Factory and Manufacturing 13,060 EUR
Manufacturing Production Technician Factory and Manufacturing 8,100 EUR
Manufacturing Supervisor Factory and Manufacturing 18,940 EUR
Manufacturing Technician Factory and Manufacturing 9,360 EUR
Materials Manager Factory and Manufacturing 31,340 EUR
Materials Supervisor Factory and Manufacturing 18,940 EUR
Mechanical Fitter Engineer Factory and Manufacturing 24,820 EUR
Mechanical Foreman Factory and Manufacturing 8,440 EUR
Merchandise Planner Factory and Manufacturing 10,980 EUR
Metrology Engineer Factory and Manufacturing 21,980 EUR
Operations Engineer Factory and Manufacturing 20,000 EUR
Operations Manager Factory and Manufacturing 37,740 EUR
Order Management Coordinator Factory and Manufacturing 17,740 EUR
Order Processing Manager Factory and Manufacturing 31,660 EUR
Order Selector Factory and Manufacturing 9,020 EUR
Package Handler Factory and Manufacturing 5,520 EUR
Packaging Manager Factory and Manufacturing 21,300 EUR
Packer Factory and Manufacturing 5,960 EUR
Packing Deputy Supervisor Factory and Manufacturing 18,900 EUR
Planning Manager Factory and Manufacturing 32,960 EUR
Plant Manager Factory and Manufacturing 36,020 EUR
Precision Instrument Repairer Factory and Manufacturing 12,840 EUR
Process Technician Factory and Manufacturing 7,080 EUR
Product Manager Factory and Manufacturing 39,960 EUR
Production Analyst Factory and Manufacturing 29,160 EUR
Production Director Factory and Manufacturing 43,520 EUR
Production Engineer Factory and Manufacturing 23,480 EUR
Production Engineering Supervisor Factory and Manufacturing 34,160 EUR
Production Inspector Factory and Manufacturing 24,200 EUR
Production Laborer Factory and Manufacturing 6,080 EUR
Production Manager Factory and Manufacturing 44,800 EUR
Production Operator Factory and Manufacturing 9,140 EUR
Production Scheduler Factory and Manufacturing 16,140 EUR
Production Supervisor Factory and Manufacturing 24,840 EUR
Production Technician Factory and Manufacturing 10,380 EUR
Production Worker Factory and Manufacturing 10,320 EUR
Quality Control Analyst Factory and Manufacturing 27,480 EUR
Quality Control Inspector Factory and Manufacturing 22,400 EUR
Quality Control Manager Factory and Manufacturing 34,960 EUR
Service Technician Factory and Manufacturing 9,440 EUR
SHEQ Officer Factory and Manufacturing 9,740 EUR
Shipping Manager Factory and Manufacturing 35,340 EUR
Small Engine Mechanic Factory and Manufacturing 13,540 EUR
Spray Painter Factory and Manufacturing 6,080 EUR
Sterile Processing Technician Factory and Manufacturing 9,020 EUR
Structural Welder Factory and Manufacturing 5,520 EUR
Supply Chain Operative Factory and Manufacturing 18,900 EUR
Technical Operator Factory and Manufacturing 8,100 EUR
Technology Development Manager Factory and Manufacturing 42,460 EUR
Testing Technician Factory and Manufacturing 18,780 EUR
Toolmaker Factory and Manufacturing 10,080 EUR
Warehouse Forklift Operator Factory and Manufacturing 5,960 EUR
Warehouse Operative Factory and Manufacturing 7,300 EUR
Warehouse Worker Factory and Manufacturing 7,040 EUR
Warranty Handler Factory and Manufacturing 11,880 EUR
Welder Factory and Manufacturing 6,200 EUR
Workshop Manager Factory and Manufacturing 23,360 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 5,200 EUR
Limassol 6,440 EUR
Nicosia 8,440 EUR

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Furnace Operator Salary in Cyprus for 2024". World Salaries. Accessed on March 28, 2024. https://worldsalaries.com/average-furnace-operator-salary-in-cyprus/.

  • "Average Furnace Operator Salary in Cyprus for 2024". World Salaries, https://worldsalaries.com/average-furnace-operator-salary-in-cyprus/. Accessed 28 March, 2024

  • Average Furnace Operator Salary in Cyprus for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-furnace-operator-salary-in-cyprus/.