Wages and employment grow in October– GUS

According to data released by the Polish Central Statistical Office (GUS), the average employment in companies in October grew by 3.2 percent year-on-year, while the wages grew by 7.6 percent y/y. In month-to-month terms, employment remained unchanged, while salaries increased by 3.1 percent. The av...

Locked content Outflow of Ukrainians from Poland may result in 1.6% drop in GDP

In a moderate scenario involving the outflow of 500,000 immigrants from Ukraine from the labor market, potential GDP losses will amount to 1.6 percent, which accounts for 1/3 of GDP growth in 2017, a forecast by the Union of Entrepreneurs and Employers (ZPP) has revealed. “We are anxiously obs...

Locked content Budimex to employ 1,100 people by end of next year 

Budimex wants to employ over 1,100 employees by the end of 2019, the company has announced in a press release. The group intends to pay financial rewards for successful referrals to fill the vacancies. “Anyone, regardless of their place of work, who successfully refers an employee for the posi...

Being your own boss

Journalist, dentist, lawyer, notary, translator, architect, business coach, photographer, psychologist. Many of these professionals opt against working the traditional nine-to-five. Very often they do not even want to work full time. And the economy is in their favor. They can render their services ...

Employment and wages grow in August – GUS

According to data released by the Polish Central Statistical Office (GUS), the average employment in companies in August grew by 3.4 percent year-on-year, while the wages grew by 6.8 percent y/y. In month-to-month terms, employment remained unchanged, while salaries decreased by 0.6 percent. The ave...

Locked content Salaries up 7.2% in July – GUS

The average gross salary in July amounted to PLN 4,825, 7.2 percent more versus a year ago,  Polish Central Statistical Office (GUS) reported. Employment grew by 3.5 percent y/y. The wage growth in July was below Bank Pekao analysts’ forecast of 7.6 percent and declined compared to 7.5 percent...