Salaries grow 9.6% y/y in December, due to bonuses and retirement severances

In December 2023, the average gross salary in the enterprise sector reached PLN 8,032.96, indicating a 9.6% y/y increase, as reported by the Central Statistical Office (GUS). Employment in the sector decreased by 0.1%, totaling 6.5 million. GUS noted that the December salary growth was influenced by quarterly, annual, and holiday bonuses, annual awards, jubilee bonuses, awards for Miners' Day, payments for overtime hours, and retirement benefits. The highest nominal increase in average monthly gross salary compared to the previous month occurred in the agriculture, forestry, hunting, and fishing sector (82.8%).

The mining and extraction sector recorded the highest average monthly salary at PLN 20,136.24, while the accommodation and food service sector had the lowest at PLN 5,639.35.

Source: obserwatorfinansowy.pl