Bulgaria's Average Salary Rises to 24,485 Leva in 2023
In 2023, the average gross annual salary in Bulgaria reached 24,485 leva, marking a 15.3% increase compared to the previous year
The Confederation of Independent Trade Unions of Bulgaria (CITUB) is set to unveil a comprehensive report highlighting workplace rights violations, with a notable focus on gender disparities, particularly affecting women. In response, CITUB is proposing a directive aimed at eliminating salary secrecy in the workplace, advocating for greater transparency and equity.
CITUB Vice President Todor Kapitanov emphasized the need to address the pervasive practice of salary secrecy, which often leads to unequal pay for employees performing identical roles. Under the proposed directive, companies would be obligated to disclose the starting salaries of their employees on their websites, ensuring transparency and accountability in remuneration practices.
"The directive aims not only to address gender pay gaps but also to standardize salary structures for employees in similar positions," Kapitanov stated, highlighting the importance of establishing clear criteria for salary determination.
However, Associate Professor Shteryo Nozharov, an economic advisor at the Bulgarian Chamber of Commerce, expressed reservations about the feasibility and implications of implementing such a directive. Nozharov argued that comparing salaries across different industries and positions is inherently complex and cautioned against hastily adopting the proposed measures.
While acknowledging the intention behind the directive, Nozharov raised concerns about the potential economic impact, citing increased financial and administrative burdens on businesses. Maintaining detailed records of employee pay could impose significant pressure on companies, leading to accelerated inflation and operational challenges.
While discussions continue surrounding the proposed directive, stakeholders are grappling with the balance between promoting fairness in the workplace and mitigating adverse effects on businesses and the economy.
On January 22, the weather in Bulgaria will start with heavy cloud cover, which will begin to disperse in the evening
A major fire erupted around 1:30 p.m. in the industrial zone near the Meden Rudnik district in Burgas
Archaeological excavations in the Kaleto district of the Bulgarian town of Lom, which concluded recently, uncovered significant Roman military remains dating back to the 1st century AD
Three new regions in Bulgaria have declared a flu epidemic following the increased spread of the virus
The weather forecast for January 21 in Bulgaria includes significant cloud cover, which is expected to ease by the evening
Bulgarian State Railways (BDZ - Passenger Transport) has announced the restoration of night train services on the Sofia-Karlovo-Varna route starting in April
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability