Average Technology Vice President Salary in Cyprus for 2026
A technology vice president in Cyprus earns about 33,520 EUR a year. That's 36% 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 15,300 EUR a year, while the very top stretches to 52,820 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 technology vice president make in Cyprus?
A typical technology vice president working in Cyprus brings home around 2,793 EUR a month before tax. Entry-level pay starts near 15,300 EUR, and the top of the ladder reaches roughly 52,820 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 technology vice president 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 technology vice president salary in Belgium or Netherlands, both of which pay in the same currency.
How technology vice president 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 technology vice presidents in Cyprus earn less than 36,940 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 24,280 EUR (the 25th percentile), and a quarter clear 46,840 EUR (the 75th percentile). The middle 50% of technology vice presidents sit somewhere inside that band, which is where the typical reader of this page probably lives.
The very lowest reported salaries sit around 15,300 EUR. The highest stretch to 52,820 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.
Technology vice president pay by experience in Cyprus
Years of experience is the single biggest lever on pay for a technology vice president 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 technology vice president salary changes as you move through the career ladder.
- 0-2 Years20,520 EUR
- 2-5 Years+33% from previous27,380 EUR
- 5-10 Years+36% from previous37,200 EUR
- 10-15 Years+22% from previous45,200 EUR
- 15-20 Years+8% from previous48,820 EUR
- 20+ Years+3% from previous50,240 EUR
The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 36%. That is the point at which a technology vice president 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.
Technology vice president pay by education in Cyprus
Education sits alongside experience as one of the biggest factors driving technology vice president 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 technology vice president salary in Cyprus broken down by the highest level of education a worker has completed.
- Certificate or Diploma27,380 EUR
- Bachelor's Degree+29% from previous35,340 EUR
- Master's Degree+47% from previous51,800 EUR
Technology vice president gender pay gap in Cyprus
The gender pay gap is a stubborn feature of almost every labour market, and Cyprus is no exception. Male technology vice presidents in Cyprus earn an average of 34,280 EUR a year, while female technology vice presidents earn around 34,240 EUR. That works out to a 0% 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.
Technology Vice President gender pay gap
0%
Men earn this much more than women on average in Cyprus.
Pay raises for a technology vice president 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 10% 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:
- Banking2%
- Energy
- Information Technology
- Healthcare
- Travel1%
- 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 Level3% - 5%
- Mid-Career
- Senior Level
- Top Management
Technology vice president 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.
64% of technology vice presidents in Cyprus reported a bonus of some kind in the past twelve months. That makes a technology vice president 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 36% of technology vice presidents 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
Technology vice president: 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.
Technology vice president salary by city in Cyprus
Technology vice president pay is not even across Cyprus. The chart below shows the highest-paying cities in the dataset, followed by the full location table.
- Limassol
- Larnaka
- Nicosia
| Location | Type | Average | Median | Range |
|---|---|---|---|---|
| Limassol | City | 38,180 EUR | 36,940 EUR | 19,360-54,500 EUR |
| Larnaka | City | 33,440 EUR | 31,040 EUR | 14,820-50,020 EUR |
| Nicosia | City | 31,520 EUR | 34,360 EUR | 13,100-53,120 EUR |
Technology Vice President in Cyprus: FAQs
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How much does a technology vice president make per month in Cyprus?
A technology vice president in Cyprus earns about 2,793 EUR a month before tax, based on an annual average of 33,520 EUR.
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What's the salary range for a technology vice president in Cyprus?
Entry-level technology vice presidents in Cyprus start near 15,300 EUR. Top-end pay reaches around 52,820 EUR. The middle 50% of earners sit between 24,280 and 46,840 EUR.
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Is the median technology vice president salary in Cyprus higher or lower than the average?
The median is 36,940 EUR, higher than the average of 33,520 EUR. Half of technology vice presidents in Cyprus earn below the median, half earn above it.
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What's the gender pay gap for technology vice presidents in Cyprus?
Men working as a technology vice president in Cyprus earn around 0% more than women on average (34,280 vs 34,240 EUR a year).
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Do technology vice presidents in Cyprus get bonuses?
About 64% of technology vice presidents in Cyprus reported a bonus in the past 12 months. Reported bonuses ranged from 5% to 9% of base salary.
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Do technology vice presidents earn more in the public or private sector in Cyprus?
In Cyprus, the public sector pays a technology vice president about 20% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.
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How often do technology vice presidents in Cyprus get a pay raise?
A technology vice president in Cyprus sees a raise of around 10% every 28 months, equivalent to roughly 4% a year.