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Average Risk Management Supervisor Salary in Cyprus for 2026

A risk management supervisor in Cyprus earns about 35,260 EUR a year. That's 43% above the national average of 24,720 EUR.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in Cyprus sit around 15,380 EUR a year, while the very top stretches to 59,240 EUR. Everything on this page is in Euro (EUR, symbol €), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Cyprus, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.


How much does a risk management supervisor make in Cyprus?

Average salary
35,260 EUR
2,938 EUR per month
Lowest reported
15,380 EUR
1,281 EUR per month
Highest reported
59,240 EUR
4,936 EUR per month

A typical risk management supervisor working in Cyprus brings home around 2,938 EUR a month before tax. Entry-level pay starts near 15,380 EUR, and the top of the ladder reaches roughly 59,240 EUR for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior risk management supervisor working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the risk management supervisor salary in Belgium or Netherlands, both of which pay in the same currency.


How risk management supervisor pay ranges in Cyprus

A good way to think about salary in Cyprus is to look at the distribution rather than the headline average. Half of all risk management supervisors in Cyprus earn less than 40,240 EUR a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 23,700 EUR (the 25th percentile), and a quarter clear 50,540 EUR (the 75th percentile). The middle 50% of risk management supervisors sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 15,380 EUR. The highest stretch to 59,240 EUR, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

15,380
Low
40,240
Median
59,240
High
23,700
25th
50,540
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in EUR

Risk management supervisor pay by experience in Cyprus

Years of experience is the single biggest lever on pay for a risk management supervisor in Cyprus, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical risk management supervisor salary changes as you move through the career ladder.

  • 0-2 Years
    19,360 EUR
  • 2-5 Years
    +40% from previous
    27,020 EUR
  • 5-10 Years
    +40% from previous
    37,740 EUR
  • 10-15 Years
    +21% from previous
    45,620 EUR
  • 15-20 Years
    +6% from previous
    48,300 EUR
  • 20+ Years
    +12% from previous
    54,180 EUR

The single largest jump on the ladder is from 0 - 2 Years to 2 - 5 Years, where pay rises by about 40%. That is the point at which a risk management supervisor typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Risk management supervisor pay by education in Cyprus

Education sits alongside experience as one of the biggest factors driving risk management supervisor pay in Cyprus. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average risk management supervisor salary in Cyprus broken down by the highest level of education a worker has completed.

  • High School
    24,280 EUR
  • Certificate or Diploma
    +10% from previous
    26,660 EUR
  • Bachelor's Degree
    +45% from previous
    38,620 EUR
  • Master's Degree
    +30% from previous
    50,180 EUR

Risk management supervisor gender pay gap in Cyprus

The gender pay gap is a stubborn feature of almost every labour market, and Cyprus is no exception. Male risk management supervisors in Cyprus earn an average of 37,380 EUR a year, while female risk management supervisors earn around 36,940 EUR. That works out to a 1% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Risk Management Supervisor gender pay gap

1%

Men earn this much more than women on average in Cyprus.

Men 37,380 EUR
Women 36,940 EUR

Pay raises for a risk management supervisor in Cyprus

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in Cyprus sees a raise of about 9% every 28 months, which works out to roughly 4% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in Cyprus, the national average raise is around 5% every 28 months.

By industry

Industries with the highest pay raises in Cyprus:

  • Banking
    2%
  • Energy
  • Information Technology
  • Healthcare
  • Travel
    1%
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Risk management supervisor bonus rates in Cyprus

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

67%

67% of risk management supervisors in Cyprus reported a bonus of some kind in the past twelve months. That makes a risk management supervisor a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 5% to 9% of base salary. The remaining 33% of risk management supervisors reported no bonus at all over the same period.

Which careers pay bonuses in Cyprus

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Risk management supervisor: public vs private sector pay

Public-sector pay in Cyprus is about 20% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

17%

Public-sector workers earn this much more than private-sector workers in Cyprus on average.

Public sector 28,180 EUR
Private sector 23,500 EUR

Risk management supervisor salary by city in Cyprus

Risk management supervisor pay is not even across Cyprus. The chart below shows the highest-paying cities in the dataset, followed by the full location table.

  • Limassol
  • Nicosia
  • Larnaka
LocationTypeAverageMedianRange
LimassolCity40,560 EUR44,300 EUR19,220-64,040 EUR
NicosiaCity34,960 EUR35,420 EUR15,760-56,880 EUR
LarnakaCity32,200 EUR33,520 EUR14,840-49,020 EUR


Risk Management Supervisor in Cyprus: FAQs

  • How much does a risk management supervisor make per month in Cyprus?

    A risk management supervisor in Cyprus earns about 2,938 EUR a month before tax, based on an annual average of 35,260 EUR.

  • What's the salary range for a risk management supervisor in Cyprus?

    Entry-level risk management supervisors in Cyprus start near 15,380 EUR. Top-end pay reaches around 59,240 EUR. The middle 50% of earners sit between 23,700 and 50,540 EUR.

  • Is the median risk management supervisor salary in Cyprus higher or lower than the average?

    The median is 40,240 EUR, higher than the average of 35,260 EUR. Half of risk management supervisors in Cyprus earn below the median, half earn above it.

  • What's the gender pay gap for risk management supervisors in Cyprus?

    Men working as a risk management supervisor in Cyprus earn around 1% more than women on average (37,380 vs 36,940 EUR a year).

  • Do risk management supervisors in Cyprus get bonuses?

    About 67% of risk management supervisors in Cyprus reported a bonus in the past 12 months. Reported bonuses ranged from 5% to 9% of base salary.

  • Do risk management supervisors earn more in the public or private sector in Cyprus?

    In Cyprus, the public sector pays a risk management supervisor about 20% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do risk management supervisors in Cyprus get a pay raise?

    A risk management supervisor in Cyprus sees a raise of around 9% every 28 months, equivalent to roughly 4% a year.