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Cyprus

Best Recruitment Agencies in Cyprus

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Find top recruitment and staffing agencies in Cyprus. Whether you're looking for specialized talent or general hiring support, explore experienced recruitment firms that understand the local market and can help you build the perfect team.

Cyprus's

Economic indicators

103

World ranked

Cyprus ranks 103 in the world by current economic output

$32.2bn

Nominal GDP (US$)

GDP reflects the overall size and economic strength of the country's economy.

61

EMEA ranked

Cyprus is ranked 61 in EMEA by economic output in the region

GDP growth (%)

GDP growth explained

The chart compares how GDP has grown for Cyprus, its region, and the world over the last seven years. Positive growth indicates an expanding economy; negative growth may signal contraction and affect hiring activity.

2.3%

Current rate

▼ 1.6% reduction

Inflation represents the rate at which prices rise and purchasing power diminishes. High inflation may prompt employees to seek higher wages, potentially impacting company profitability and hiring strategies.

Cyprus's inflation rate

18 weeks

Maternity leave

Maternity: 18 weeks at 72% pay, 2 weeks pre-birth mandatory. Unpaid extension at employer's discretion. Paternity: 14 days at 72% pay, taken within 16 weeks of birth. Unpaid extension possible. Parental: 8 months unpaid, after maternity/paternity. Non-extendable.

156 days

Sick leave

Employees receive paid sick leave for 156 days: 100% salary by employers for the first 3 days; then 60% by Social Security from day 4 to 156.

Cost of living

Cost of living index explained

The cost of living has a direct impact on salary expectations and the competitiveness of compensation packages. It can influence the appeal of certain locations for both employers and candidates.

Cyprus's

Labor market

Cyprus vs world population age distribution

918k

Population

Cyprus has a population of about 918k. The chart compares its age distribution with the world average—useful context for workforce size and long-term hiring demand.

14 days

Minimum annual holidays

Minimum annual holidays reflect mandated leave. Hiring in countries with high allowances (over 25 days) may require emphasizing work-life balance when recruiting.

35 hrs

Average working full time week

Standard work hours are 8 hours a day, 40 hours a week, Monday to Friday. Retail and sales employees may work 8 hours a day, up to 48 hours, Monday to Saturday, with overtime for extra hours.

6%

Current percentage

▼ 0.8% reduction

Cyprus has an unhealthy unemployment rate, suggesting there may be some economic or structural challenges . Between 2022 and 2023, there was a moderate decrease, suggesting a positive shift toward better economic stability and improvement in job availability

Unemployment rate

Cyprus's

Top performing companies and industries

Top industries

  • tourism
  • food and beverage processing
  • cement and gypsum

Ratio of males to females (by age)

70 / 60

Male

In Cyprus there is a medium gap in participation rates between males and females, indicating moderate inequality with some progress towards gender parity.

Cyprus's

Religion and ethnicity

Religion

In religiously diverse countries, a broad sourcing and engagement approach whilst appealing to inclusive practices resonates with this candidate market. In homogeneous environments, understanding dominant cultural norms is often more important when engaging with talent.

Ethnicity

In ethnically diverse countries, there may be a greater variety of candidates with different cultural backgrounds. Employers may need to focus more on inclusive hiring practices to attract talent from across different ethnic groups.