wages

A collection of 5 posts

Inflation swallows up pay hikes in Romania

Inflation swallows up pay hikes in Romania

1 min read Economy, Romania, inflation, wages

The average net salary in Romania was RON 4,254 (EUR 864) in January 2023, up 15% year-on-year, but down RON 144, or 3.3%, month-on-month, according to data published by the National Institute of Statistics (INS) on Wednesday 15 March, digi24.ro reported.  However Romanians will not generally be

Czech salaries rising by up to one-fifth

Czech salaries rising by up to one-fifth

Private sector wages in Czechia are rising by as much as 20%, Czech Radio found when it interviewed employment industry experts this week. High inflation and rocketing energy prices while the government has chosen to freeze salaries for civil servants, means companies are having to hike salaries to keep employees.