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Polish managers among highest earners globally

According to a Hay Group report which compared salaries of managers in terms of purchasing power, top managers in Poland have higher wages than their counterparts in the US and many Western European countries. In the ranking, Poland placed in the top 20 globally, ahead of Scandinavian countries and Great Britain. According to Mirosława Kowalczuk of Hay Group, Poland's position is, among others, the result of costs of services, which are still much cheaper here than in the West.

"Taking into account economic efficiency, which is still much lower than in Western Europe, our managers are on top in terms of salaries in Europe," said Krzysztof Nowakowski, president of the Polish branch of Korn/Ferry Int.

This will, however, not be a serious attraction for many foreign managers to come to Poland, as "The Polish economy puts so much stress on !-- @page { size: 21cm 29.7cm; margin: 2cm } P { margin-bottom: 0.21cm } --> innovativeness, that many managers from mature, more stable economies would find it hard to operate in such an environment," said Krzysztof Nowakowski.

Source: Rzeczpospolita

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