Friday, May 24th, 2013
Wages on the decline
The average annual wage in Poland fell by 0.3 percent when inflation is taken into account, according to data from the Central Statistical Office. This is the first such decrease since 1989. The government expects real growth of average wages at 1.9 percent, while economists surveyed by Rzeczpospolita expect growth of 1 percent.
Experts however stress that companies will consider the poor economic situation and only key employees may expect their salaries to grow.
From Warsaw Business Journal
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On minimum wage, consensus unlikely
Wage growth surprises on the upside, employment contracts
ZEW expectations index for Poland grows
Poland doubles deficit forecast
BIEC indicator shows economic stagnation
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