Market Research Analyst Salary in Cyprus

Role overview

As a Market Research Analyst, you will be responsible for gathering and interpreting data related to market trends, consumer preferences, and competitive positioning. This analysis will enable companies to make informed business decisions and tailor strategies that drive growth. Your role involves designing surveys, conducting interviews, and analyzing quantitative and qualitative data to provide insights into market dynamics. You will work closely with marketing and product teams to identify opportunities for improvement and innovation. Additionally, synthesizing complex data into actionable reports and presentations is crucial to effectively communicate findings to stakeholders. Strong analytical skills are necessary to translate data into meaningful business strategies while keeping abreast of industry trends and economic conditions. Empathy and an understanding of consumer behavior will ensure that your recommendations align with market expectations.

Annual Salary – 2025

Estimated Take-Home Pay

Expected monthly income after standard tax deductions (approx. 15%)

$3,395

Hourly Rate

$19.58 - $26.50 per hour

Based on 40-hour work week, rates may vary by region and company

Healthcare

Comprehensive medical, dental and vision insurance coverage for you and your family

Approx. $3,355 per year

Annual Bonus Range

Typical performance-based annual bonus range

$4,793 - $7,189

Equity Bonus

Company equity compensation based on local market standards and company policy

Up to $4,793

Total Housing Budget

Recommended monthly spending on rent/mortgage and utilities

Up to $800

Retirement Savings Target

Recommended monthly retirement account contribution

$600

Recommended Emergency Fund

Financial safety net for unexpected expenses and life events

$11,981 - 23,963

Monthly Savings Targets

Recommended amount to set aside each month for your financial security and future goals

Approx. $1,200