CyHRMA

What CyHRMA does

CyHRMA is a non-profit professional membership association representing human resource management practitioners in Cyprus, founded in 1991 as the Cyprus Industrial Relations Association and renamed to its current identity in 1996. It serves as the sole officially recognized body for HR professionals in Cyprus and has acted as the country's representative in the European Association for People Management (EAPM) and the World Federation for People Management Associations (WFPMA) since 2000, with additional affiliations to the International Federation for Training and Development Organisations (IFTDO) since 2006 and the Cyprus Employers and Industrialists Federation (OEB) since 2019.

The association operates a community-led model serving approximately 650 individual members and roughly 100 corporate/organizational members. Its offering consists of annual membership subscriptions, a semi-annual bilingual publication called 'People & Work' (Άνθρωπος και Εργασία) with paid advertising (full page €180, half €120, quarter €90, with 20-30% member discounts), annual conferences, networking events, HR surveys and research, a job vacancies platform, and student outreach through four university partnerships. Magazine advertising, event registration, and sponsorship are the principal non-subscription revenue streams. CyHRMA is governed by a member-elected Board of Directors and operated by an Administrative Officer based in Nicosia.

The association does not develop proprietary technology beyond a WordPress-based bilingual website and JCC Smart online payment integration. It celebrated its 30th anniversary in 2021 and hosted an international 'Future of Work and Wellbeing' event on October 11, 2024 that drew over 200 HR professionals from 35 countries, supported by EAPM and WFPMA leadership. Revenue is not publicly disclosed, and the association has no external investors, parent company, or public listing.

Name

CyHRMA

Legal name

Cyprus Human Resource Management Association

Website

https://cyhrma.org

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

1–10 employees

Short description

CyHRMA is a non-profit professional association serving approximately 650 individual HR practitioners and 100 corporate members in Cyprus through subscriptions, conferences, the bilingual 'People & Work' magazine, and research, acting as Cyprus's official HR representative internationally since 2000.

Ownership category

akta.pro rank

Product category

Professional HR Association / Industry Membership Body

NAICS

Business Associations (813910), Professional Organizations (81392), Business, Professional, Labor, Political, and Similar Organizations (8139)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Association & Society Conference Management (Nonprofit, Professional Bodies) (THAHACAA)

Keywords

• Professional HR association
• HR membership services
• Human resource management
• Corporate membership directory
• HR professional development

Headquarters

HQ city

Nicosia

HQ country

Cyprus

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Subscriptions: Annual membership fees from individual professionals and corporate/organizational members provide recurring revenue. The association has approximately 650 individual members and about 100 organizational members.
2. Magazine Advertising: The 'People & Work' (Άνθρωπος και Εργασία) magazine, published twice yearly, generates advertising revenue from organizations and corporate members. Full pages start at €180, half pages at €120, quarter pages at €90, with member discounts of 20-30%.
3. Events and Conferences: Annual conferences, events, and professional development activities may generate revenue through registration fees and sponsorship opportunities.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

CyHRMA is a non-profit professional membership association that provides membership services to HR professionals and corporate/organizational members in Cyprus. Its core offerings include annual membership subscriptions, professional development events and conferences, the biannual bilingual "People & Work" magazine, HR surveys and research, networking opportunities, advocacy for the HR profession, and representation of Cyprus in international HR bodies (EAPM, WFPMA, IFTDO).

Differentiator

Problem solved

Functional benefit

Products and services

• CyHRMA Membership Services Professional membership services for HR practitioners in Cyprus, including networking, training, events, and publications. Available in individual and corporate membership tiers.
• CyHRMA Annual Conference Annual conference events bringing together HR professionals for learning, networking, and professional development.
• HR International Day Annual celebration and events recognizing the HR profession globally, organized by CyHRMA for HR professionals in Cyprus.
• People & Work (Άνθρωπος και Εργασία) Magazine Biannual bilingual (English and Greek) electronic magazine published by CyHRMA featuring articles on HR topics from Cypriot, Greek, and international authors. Available in electronic format and via online flipbook.
• HR Surveys and Research Surveys and research publications on HR topics including remote work, wellbeing, and HR practices in Cyprus, accessible to members and the public.
• CyHRMA Articles Articles published on the website covering HR topics such as leadership, employee engagement, and workplace practices.
• HR Vacancies Service Platform listing open HR positions and job postings, available on the CyHRMA website for HR professionals seeking employment opportunities.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• European Association for People Management (EAPM)coreStrategic or Co-development Partner · 11 October 2024EAPM supported the 'Future of Work and Wellbeing' international event hosted by CyHRMA in October 2024. EAPM President Berna Öztınaz participated as a keynote speaker.
• World Federation of Human Resource Associations (WFPMA)coreStrategic or Co-development Partner · 11 October 2024WFPMA was hosted at the 'Future of Work and Wellbeing' event in Cyprus. WFPMA President Anthony Ariganello addressed attendees on the future of HR.
• Cyprus Employers and Industrialists Association (OEB)minorStrategic or Co-development Partner · 1 January 2019CyHRMA became a member of OEB in 2019, strengthening ties with the broader employer community in Cyprus.
• International Federation for Training and Development Organisations (IFTDO)minorStrategic or Co-development Partner · 1 January 2006CyHRMA has been a member of IFTDO since 2006, connecting the association to international training and development networks.
• European Association for People Management (EAPM)coreStrategic or Co-development Partner · 1 January 2000CyHRMA has been the official representative of Cyprus in EAPM since 2000. This partnership provides international recognition, access to European HR best practices, and participation in European-level HR activities and events.
• World Federation for People Management Associations (WFPMA)coreStrategic or Co-development Partner · 1 January 2000CyHRMA has been representing Cyprus in WFPMA since 2000. The partnership connects Cyprus HR professionals to the global HR community and international standards.
• University of CypruscoreGTM or Marketing PartnerCollaboration with university for student presentations and professional development, reaching MSc HRM and Business Management students. Part of the 30th anniversary celebrations outreach program.
• Cyprus International Institute of Management (CIIM)coreGTM or Marketing PartnerAcademic partnership for presenting to HR and Business Management students as part of student outreach and future HR professional engagement.
• University of NicosiacoreGTM or Marketing PartnerUniversity partnership for student presentations and collaboration on HR professional development programs.
• Cyprus Institute of Marketing (CIM)coreGTM or Marketing PartnerAcademic partnership for student outreach and HR professional development content, contributing to the association's educational mission.

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Singapore Institute of Human Resource Management (SIHRM): SIHRM is a nonprofit professional body for HR practitioners in Singapore, offering membership tiers, conferences, publications, and advocacy. Comparable to CyHRMA as a small-economy professional association representing HR practitioners within a single jurisdiction.
• Chartered Institute of Personnel and Development (CIPD): CIPD is the UK-based chartered professional body for HR, learning, and OD practitioners, with ~100,000 members and a similar model of membership subscriptions, publications, conferences, and international representation. Like CyHRMA, it is a nonprofit professional association focused on credentialing and advocacy for the HR profession.
• Australian HR Institute (AHRI): AHRI is Australia's national professional association for HR practitioners, offering membership, certification, conferences, and advocacy — a near-identical operating model to CyHRMA but in a larger and more mature HR market. Comparable in mission, certification focus, and stakeholder-engagement approach.
• Hong Kong Institute of Human Resource Management (HKIHRM): HKIHRM is a regional professional membership body for HR practitioners in Hong Kong, running annual conferences, publications, certification, and member services. It mirrors CyHRMA's structure as a single-economy association, but in a more internationally connected market.

Others

• World Federation of People Management Associations (WFPMA): WFPMA is the global federation of national HR people-management associations. CyHRMA has been a Cyprus representative since 2000. WFPMA is an ecosystem/umbrella peer, not a direct competitor for individual HR practitioners.
• European Association for People Management (EAPM): EAPM is a European-level umbrella body for national HR associations; CyHRMA is a member since 2000 and hosted EAPM speakers at its 2024 event. It is an adjacent/ecosystem peer rather than a direct competitor — EAPM aggregates national bodies rather than serving individual HR practitioners.
• International Federation for Training and Development Organisations (IFTDO): IFTDO is an international federation for training and development organisations; CyHRMA has been a member since 2006. IFTDO is an ecosystem/affiliation peer focused on training standards rather than direct competition for HR practitioner members.
• Cyprus Employers and Industrialists Federation (OEB): OEB is Cyprus's main employers' association, of which CyHRMA has been a member since 2019. OEB is an ecosystem peer — a complementary business/employer-side association in the same geographic market rather than a direct competitor for HR professionals.

Regional players

• National Human Resources Association (NHRA) — US: NHRA is a US-based HR professional association providing networking, education, and certification support to HR professionals. Comparable in mission to CyHRMA, but it operates across the US rather than a single small market, and does not directly compete geographically.

Broad incumbents

• Society for Human Resource Management (SHRM): SHRM is the largest global HR professional membership association, with 300,000+ members across 165 countries. It is comparable to CyHRMA as a professional membership body delivering certification, conferences, advocacy, and publications to HR practitioners, though at vastly greater scale and US-anchored.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Cyprus-Human-Resource-Management-Association-281404311973509
• LinkedInlinkedin.com/company/cyhrma
• Instagraminstagram.com/_cyhrma_

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CyHRMA