Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Half of Bulgarian employers plan to introduce pay rises next year

Photo: BCCI

More than half of employers in Bulgaria plan to raise the wages in 2018, the President of the Bulgarian Chamber of Commerce and Industry (BCCI) Tsvetan Simeonov told NOVA television.

In estimates of the chamber this move will be made by 51% of employers while 17% have said they have no resources to do so. Further 28% are undecided, a BCCI poll has found. 2% of companies plan to cut the wages of their workers.

In most cases the pay rise will be about 10% (with 79% of employers) while just 1% of them plan to raise wages by more than 20%.

Biggest pay rises next year are planned in the IT sector, industry, telecommunications, real estate and trade.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria will join eurozone when it meets inflation criterion, says outgoing finance minister

Bulgaria will be able to join the eurozone when it meets the inflation criterion, outgoing finance minister Assen Vassilev said in the National Assembly during a debate on state-owned Bulgarian Energy Holding.  Vassilev noted that the outgoing..

published on 3/29/24 4:42 PM
Ombudsman Diana Kovacheva leaves the presidency after talks with President Rumen Radev, 29 March

Ombudsman Diana Kovacheva cannot be caretaker prime minister

President Rumen Radev spoke with Ombudsman Diana Kovacheva as part of the consultations on a caretaker prime minister. After the meeting with the head of state, Ms. Kovacheva told the media that she could not take up the post because she had been..

published on 3/29/24 3:23 PM
Petar Chobanov, deputy governor of the BNB, leaves the presidency after talks with President Rumen Radev, 29 March.

BNB deputy governor refuses to be caretaker prime minister

After a meeting with President Rumen Radev, Bulgarian National Bank (BNB) Deputy Governor Petar Chobanov said that the consultations with the head of state and the potential candidates for caretaker prime minister were at a stage where there was no..

published on 3/29/24 3:07 PM