Managers in Croatian capital are the third best-paid managers in Central and Eastern Europe.
Among managers in Central and Eastern Europe, the highest earners are the ones working in Prague and Bratislava, while Zagreb is in the third place, according to a survey conducted in nine countries by Paylab, an international agency for compensation research, reports Lider on December 8, 2016.
Paylab has analyzed last year’s salaries of managers in nine countries of Central and Eastern Europe: Croatia, Slovakia, Hungary, the Czech Republic, Latvia, Bosnia and Herzegovina, Estonia, Lithuania and Serbia. The study showed that the highest salaries are received by top managers in Prague and Bratislava, while the lowest paid are managers in the Baltic countries.
Average monthly gross earnings of managers, including bonuses, are highest in Prague and stand at 3,980 euros, which is three times more than the average salary earned in the Czech capital. Prague is followed by Bratislava, where managers earn 3,702 euros, or six times more than employees with the average salary in the city.
Zagreb is in the third place, with an average managerial gross salary of 3,131 euros, which is the highest average salary of managers in the Balkan region. At the same time, this is roughly 2.5 times higher than the average salary in Zagreb.
The lowest salaries are paid to top managers in Vilnius, Lithuania, with a gross average of just 1,567 euros. The Baltic countries generally have the smallest difference between the salaries of top executives and the average salaries – managers are paid just 1.7 times more than the average salary.
An analysis of the relationship between salaries paid in capital cities and the rest of the countries showed that employees in major cities have higher gross salaries. According to this criterion, the best salaries are in Bratislava where the average monthly gross salary is 1,400 euros. Bratislava has the greatest difference in the salaries of employees in the capital compared to employees in the rest of the country (20 percent).
Significant differences exist in the Czech Republic, Croatia, Hungary and Bosnia and Herzegovina as well, where the difference between gross salaries in capital city and the rest of the country is between 15 and 18 percent.
The smallest difference is in the Baltic capitals Tallinn, Riga and Vilnius, where employees in capitals earn just seven percent more than people working in the rest of the country.
