KEYWORDS TODAY:   UkraineEuropean Elections

Over 1/3 of Employers in Bulgaria to Offer Pay Rises in 2014

Business | December 31, 2013, Tuesday // 15:50| Views: 1003 | Comments: 1
  • Send to Kindle
Bulgaria: Over 1/3 of Employers in Bulgaria to Offer Pay Rises in 2014 Photo by BGNES

A survey of the Bulgarian Chamber of Commerce and Industry (BCCI) shows that over 1/3 of employers plan to offer salary increases in 2014.

According to the survey requested by private TV station bTV, the companies which plan pay rises in 2014 are mostly businesses relying on external markets.

The most frequent salary increase is by an average of 10%.

In around 1/3 of the cases, the pay increases will amount to 10-20%.

However, the survey also shows that half of the companies will not hire new staff in 2014 and that every tenth firm plans staff cuts.

Hiring new employees will be the exception rather than the norm in the private sector in 2014, according to BCCI data.

Business » Be a reporter: Write and send your article
Tags: Bulgarian Chamber of Commerce and Industry, BCCI, salary increase
Expats.bg All Are Welcome! Join Now!

Leave a comment


» To the forumComments (1)
#1
madoods - 2 Jan 2014 // 15:19:17

Maybe pay rises should be given to the highly qualified, like doctors for example, to stop the brain drain which was threatened in this paper a few weeks ago. Unless of course Bulgarians would be happy to be treated by medics from the third world who may or may not be qualified and most certainly will not speak Bulgarian

Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria