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Employer cost calculator for Cyprus

Enter the gross salary to see the total cost to the business, per month and per year.

It includes every contribution the employer pays alone, as set out in the Social Insurance Services' Employer's Guide.

How it's calculated

The employer pays 8.8% Social Insurance, 1.2% Redundancy Fund and 0.5% Human Resource Development Fund, up to €5,742 a month.
It also pays 2.9% GeSY and 2% Social Cohesion Fund, which has no ceiling.
Without an exemption it adds 8% to the Central Holiday Fund, which counts as pay for the other contributions.
With a 13th salary, December carries a double salary and its contributions stop at the monthly ceiling.

An example

For a €1,500 salary without the Holiday Fund, the employer pays €231 a month in contributions. The cost is €1,731 a month and €20,772 a year.

Frequently asked questions

How much does the employer add on top of salary?

Without the Holiday Fund and below the ceiling, about 15.4%. With the Holiday Fund it's higher.

Are the employee's contributions part of the cost?

No. The employer withholds and pays them, but they come out of the employee's salary.

When are contributions due?

By the end of the following month. Late payment carries a surcharge of 3% that grows by 3 points each month, according to the Employer's Guide.

Key terms

Maximum insurable earnings: The salary above which most contributions are not charged.

Up-to-date official data

Data checked against the official source on 26 October 2026.

We check the official sources automatically, every day.

See all sources

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