Average corporate wage rises by 3.5% year on year
August 20, 2013
Poland's average corporate gross wage measured PLN 3,830.07 in July, an increase 3.5% year on year and by 0.6% month on month, the stats office GUS said Monday.
Economists surveyed by PAP expected a 2.9% corporate wage growth year on year on a monthly decrease of 0.1%.
Wages counting out bonus payments from profit at PLN 3,824.92 were up 3.7% year on year on a monthly increase of 0.6%.
Poland's corporate employment measured 5.490m people in July, a decrease of 0.7% year on year and held flat month on month.
Expectations were for employment to decline 0.7% in annual terms and to hold flat month on month.
The tie up of jobs and wages pushed the nominal corporate wage bill up by 2.8% year on year on a 0.6% monthly increase according to GUS.