The survey summarizes the results of the 8th Wave of the Western Ukraine Labour Index conducted in March 2015. It finds that the labor market remains unstable but is showing some positive trends for employers, with relatively low salaries when calculated in foreign currency and lower employee-related costs. While 62% of businesses were affected by the conflict in Eastern Ukraine, most reported only minor impacts. Demand remains highest for specialists with 3+ years of experience in areas like sales, engineering, and IT. Average salaries increased by 11-13% for workers, specialists and managers in manufacturing, and 8-20% in services. Benefits like mobile phones and transportation subsidies remained common. The Labor Market Index in March 2015 was 3.46, up
Future of manufacturing in China -2016 versionFred Lemoine
Perspective on the future of apparel and footwear manufacturing in China. Challenges faced by manufacturers.Innovative ways to fight incremental operating cost and for manufacturers to go up the value chain.
Future of manufacturing in China -2016 versionFred Lemoine
Perspective on the future of apparel and footwear manufacturing in China. Challenges faced by manufacturers.Innovative ways to fight incremental operating cost and for manufacturers to go up the value chain.
Escalation and Expansion of Electronics and Computer Software / Services Expo...IOSR Journals
This is an attempt in reverence of Electronics and computer software export promotion council of India (ESC). The description of ESC espoused here is very broader, covering Electronic Hardware, Computer Software, and Information Technology Enabled Services (ITES). ESC got preferred for the analysis based on its growth which is pretty remarkable in the past two decades and also for the prospect arrangement to heighten the Indian exports. The arrangement of this research paper is pursues. Level II aims at the importance of export promotion council of India. The growth of export promotion chosen for the current scrutiny is discussed in Level III. Facts and Inference of variables are conferring in the Level IV. The final Level projects on summary and conclusion.
Selection from a report written for a Strategy and Competition course in which the assignment was to create a strategy recommendation for MAACO Franchising Inc.
Here you can read the report containing the main results for the IT Census, comparing the IT Industry in Latin America with some selected contents from other continents. In all, the report shows results derived from data collected from over 900 companies from 30 different countries.
Findings: 2020 Annual Pay Survey of manufacturing companies in Western Ukraine
In September 2020 Lviv Consulting Group conducted an annual pay survey of manufacturing companies operational in Western Ukraine.
Global Automotive Retail industry profile is an essential resource for top-level data and analysis covering the Automotive Retail industry. It includes data on market size and segmentation, plus textual and graphical analysis of the key trends and competitive landscape, leading companies and demographic information. Scope * Contains an executive summary and data on value, volume and/or segmentation* Provides textual analysis of Global Automotive Retail's recent performance and future prospects* Incorporates in-depth five forces competitive environment analysis and scorecards * Includes a five-year forecast of Global Automotive Retail* The leading companies are profiled with supporting key financial metrics * Supported by the key macroeconomic and demographic data affecting the market Highlights * Detailed information is included on market size, measured by value and/or volume* Five forces scorecards provide an accessible yet in depth view of the market's competitive landscape * Market shares are covered by manufacturer or brand Why you should buy this report * Spot future trends and developments * Inform your business decisions * Add weight to presentations and marketing materials * Save time carrying out entry-level researchMarket DefinitionThe automotive retail sector consists of the revenue accrued from sales at auto dealers, gas stations and retailers of auto components. The auto dealers market consists of new and used passenger registered cars, as well as registered light commercial vehicles, sold through car dealerships or auction-houses within the country. It does not include sales of motorcycles or vehicles over 3.5 tons GVW. The service stations market is comprised of fuel retailing, forecourt shop sales and car wash revenues, but excludes food service and other non-fuel sales outside the shop and car wash. Auto components comprise automotive parts and accessories and tires and rubber. Automotive parts and accessories reflect only the aftermarket sales value. Similarly, the tires and rubber is composed of the replacement tire market for passenger cars and light trucks, and excludes sales to OEMs. All market values are given at retail sales price (RSP), and include all relevant taxes and levies. Market shares are calculated on the basis of company global production volumes of gasoline and diesel oil multiplied by average retail (service station) prices. All currency conversions are at constant average 2009 exchange rates.For the purposes of this report, the global market consists of North America, South America, Western Europe, Eastern Europe, and Asia-Pacific.
On July 21, 2015, Toshiba CEO Hisao Tanaka announced his resignation in the face of an accounting scandal tied to about $1.2 billion in overstated operating profits. Details of the scandal emerged the day before when an independent investigative panel released a report describing the accounting improprieties in detail
Identify factors contributing increasing the use of POS in agricultural bank...inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Services in EU what kinds of regulatory policy enhance productivity van der M...OECD, Economics Department
Services in EU what kinds of regulatory policy enhance productivity van der Marel Kren Iootty IMF-OECD-WB Product Market Competition Regulation Inclusive Growth June 2018
The whole universe is divided into two types of resources, one is natural resources and the other is human resources. Human resources are said to be great asset to the organization. An organization cannot build a good team of working professionals without good human resources.
The study of absenteeism is very important for any industry. This project report consists of detailed study on the present rate of workers absenteeism at Kirloskar Electric Company Ltd., Hubli, investigate reasons, and suggest measures to reduce absenteeism.
This survey helps companies to determine how their workers think, what they want and concerns, so that improvement can be made and stronger relationship can be developed.
The measures and employees suggestions to reduce absenteeism will result in increasing efficiency profit, better working conditions and other fringe benefits to employees.
For this purpose a sample of 50 employees was selected and survey was done with the help of questionnaire and the result is analysed.
Absenteeism refers to unauthorized absence of the employers from job mean failure of employees to report for work when they are scheduled to work. When employer remains absent without permission or informing it he is willful absent without leave. Compare to other countries the problem of rate of employees absenteeism in India is great. When the employees takes time of on a scheduled working day with permission it is authorized absence.
In these days when the needs of country require greater emphasis upon increasing of productivity and the economic rational utilization of time and material at our disposal it is necessary to minimize absenteeism to the maximum possible extent.
Recent service indicates the following trends in absenteeism. The higher rate of pay the greater the length of service of the employee and the fewer the absence. As an organization grows there is a tendency towards higher rate of absenteeism.
Single employee are absent more frequently than married employees. Younger employees are absents more than older employees but later are absent for longer period of time. Unionized organization have higher absenteeism rather than non union organization. Wages could be directly linked to attendance and their performance at work.
Good leave record of the employees is an important factor in considering for more responsible position. Habitual absenteeism must be treat as a misconduct and they are liable for disciplinary action.
Escalation and Expansion of Electronics and Computer Software / Services Expo...IOSR Journals
This is an attempt in reverence of Electronics and computer software export promotion council of India (ESC). The description of ESC espoused here is very broader, covering Electronic Hardware, Computer Software, and Information Technology Enabled Services (ITES). ESC got preferred for the analysis based on its growth which is pretty remarkable in the past two decades and also for the prospect arrangement to heighten the Indian exports. The arrangement of this research paper is pursues. Level II aims at the importance of export promotion council of India. The growth of export promotion chosen for the current scrutiny is discussed in Level III. Facts and Inference of variables are conferring in the Level IV. The final Level projects on summary and conclusion.
Selection from a report written for a Strategy and Competition course in which the assignment was to create a strategy recommendation for MAACO Franchising Inc.
Here you can read the report containing the main results for the IT Census, comparing the IT Industry in Latin America with some selected contents from other continents. In all, the report shows results derived from data collected from over 900 companies from 30 different countries.
Findings: 2020 Annual Pay Survey of manufacturing companies in Western Ukraine
In September 2020 Lviv Consulting Group conducted an annual pay survey of manufacturing companies operational in Western Ukraine.
Global Automotive Retail industry profile is an essential resource for top-level data and analysis covering the Automotive Retail industry. It includes data on market size and segmentation, plus textual and graphical analysis of the key trends and competitive landscape, leading companies and demographic information. Scope * Contains an executive summary and data on value, volume and/or segmentation* Provides textual analysis of Global Automotive Retail's recent performance and future prospects* Incorporates in-depth five forces competitive environment analysis and scorecards * Includes a five-year forecast of Global Automotive Retail* The leading companies are profiled with supporting key financial metrics * Supported by the key macroeconomic and demographic data affecting the market Highlights * Detailed information is included on market size, measured by value and/or volume* Five forces scorecards provide an accessible yet in depth view of the market's competitive landscape * Market shares are covered by manufacturer or brand Why you should buy this report * Spot future trends and developments * Inform your business decisions * Add weight to presentations and marketing materials * Save time carrying out entry-level researchMarket DefinitionThe automotive retail sector consists of the revenue accrued from sales at auto dealers, gas stations and retailers of auto components. The auto dealers market consists of new and used passenger registered cars, as well as registered light commercial vehicles, sold through car dealerships or auction-houses within the country. It does not include sales of motorcycles or vehicles over 3.5 tons GVW. The service stations market is comprised of fuel retailing, forecourt shop sales and car wash revenues, but excludes food service and other non-fuel sales outside the shop and car wash. Auto components comprise automotive parts and accessories and tires and rubber. Automotive parts and accessories reflect only the aftermarket sales value. Similarly, the tires and rubber is composed of the replacement tire market for passenger cars and light trucks, and excludes sales to OEMs. All market values are given at retail sales price (RSP), and include all relevant taxes and levies. Market shares are calculated on the basis of company global production volumes of gasoline and diesel oil multiplied by average retail (service station) prices. All currency conversions are at constant average 2009 exchange rates.For the purposes of this report, the global market consists of North America, South America, Western Europe, Eastern Europe, and Asia-Pacific.
On July 21, 2015, Toshiba CEO Hisao Tanaka announced his resignation in the face of an accounting scandal tied to about $1.2 billion in overstated operating profits. Details of the scandal emerged the day before when an independent investigative panel released a report describing the accounting improprieties in detail
Identify factors contributing increasing the use of POS in agricultural bank...inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
Services in EU what kinds of regulatory policy enhance productivity van der M...OECD, Economics Department
Services in EU what kinds of regulatory policy enhance productivity van der Marel Kren Iootty IMF-OECD-WB Product Market Competition Regulation Inclusive Growth June 2018
The whole universe is divided into two types of resources, one is natural resources and the other is human resources. Human resources are said to be great asset to the organization. An organization cannot build a good team of working professionals without good human resources.
The study of absenteeism is very important for any industry. This project report consists of detailed study on the present rate of workers absenteeism at Kirloskar Electric Company Ltd., Hubli, investigate reasons, and suggest measures to reduce absenteeism.
This survey helps companies to determine how their workers think, what they want and concerns, so that improvement can be made and stronger relationship can be developed.
The measures and employees suggestions to reduce absenteeism will result in increasing efficiency profit, better working conditions and other fringe benefits to employees.
For this purpose a sample of 50 employees was selected and survey was done with the help of questionnaire and the result is analysed.
Absenteeism refers to unauthorized absence of the employers from job mean failure of employees to report for work when they are scheduled to work. When employer remains absent without permission or informing it he is willful absent without leave. Compare to other countries the problem of rate of employees absenteeism in India is great. When the employees takes time of on a scheduled working day with permission it is authorized absence.
In these days when the needs of country require greater emphasis upon increasing of productivity and the economic rational utilization of time and material at our disposal it is necessary to minimize absenteeism to the maximum possible extent.
Recent service indicates the following trends in absenteeism. The higher rate of pay the greater the length of service of the employee and the fewer the absence. As an organization grows there is a tendency towards higher rate of absenteeism.
Single employee are absent more frequently than married employees. Younger employees are absents more than older employees but later are absent for longer period of time. Unionized organization have higher absenteeism rather than non union organization. Wages could be directly linked to attendance and their performance at work.
Good leave record of the employees is an important factor in considering for more responsible position. Habitual absenteeism must be treat as a misconduct and they are liable for disciplinary action.
CrowdComfort: The Advantages of Mobile Facility ManagementThomas Beaton
We live in a dynamic world, where tech, productivity, and facility management are interlinked. Make sure you make the most of your Facilities Management with a fluid, mobile platform.
개미는 마치 평범한 이웃들이 그런 것처럼, 흔하지만 많은 관심을 불러일으키는 곤충은 아닙니다. 하지만 개미들의 면면에는 상상 이상의 놀라움이 숨어 있습니다.
우선, 개미는 성실한 일꾼을 상징합니다. 이솝우화 ‘개미와 베짱이’는 개미의 성실성을 보여주는 대표적인 이야기입니다. 이런 점에서 개미는 우리 사회의 노동자, 서민을 표상하는 곤충이라 할 수 있습니다. <개미뉴스>는 바로 개미 같은 노동자와 서민을 위한 언론매체입니다.
그리고 개미는 사회를 이루고 그 속에서 자신의 재능에 따라 분업합니다. 또 개미는 각자의 역할에 충실하며 서로 협동합니다. 이 것이 가능한 이유는 개미 사회가 차별이 없는 평등한 곳이기 때문입니다. 이처럼 <개미뉴스>도 조합원 간의 평등한 관계 속에서 서로 협동하는 조직입니다. 또한, 차별 없는 평등한 세상을 위해 봉사하는 언론입니다.
개미는 작은 체구에도 불구하고 자신의 몸보다 몇십 배나 무겁고 큰 물체를 번쩍 들어 올립니다. 또, 개미는 작은 틈도 비집고 파고들어 집을 짓는 재능이 있습니다. <개미뉴스>는 비록 시민의 작은 힘이 모여 만들어졌지만 커다란 사회적 울림을 만들어내는 언론으로 자리해 나갈 것이며, 단단한 바위에 균열을 일으키듯 우리 사회의 변화를 이끌어나가는 언론이 될 것입니다.
무엇보다도 개미는 소통하는 곤충입니다. 베르나르 베르베르(Bernard Werber)의 소설 <개미>에서는 개미의 이런 특성이 잘 묘사돼 있습니다. 개미의 의사소통 수단은 평소 페로몬입니다. 하지만 필요에 따라 서로 더듬이를 맞대어 서로의 경험과 기억을 공유합니다. 이처럼 <개미뉴스>는 온전한 소통을 꿈꿉니다. 이를 통해 사회 구석구석과 공감할 수 있는 이야기를 만들어갈 것입니다.
개미는 우리 주변에서 흔하게 관찰할 수 있는 곤충이지만 일상에서 그 존재를 의식하는 일은 거의 없습니다. 사회에는 우리가 쉽게 인식할 수는 없지만 일상의 많은 부분을 이미 공유하고 있는 개미같은 이웃이 존재합니다. <개미뉴스>는 이처럼 잘 드러나지 않은 이웃의 이야기를 발굴하고 공유하는 매체입니다.
In the period of Octobet , 2019 Lviv Consulting Group conducted an annual pay survey of manufacturing companies operational in Western Ukraine.
18 manufacturing companies from Lviv, Ivano-Frankivsk, Volyn and Ternopil regions participated in the survey.
The Pay survey was focused on salaries, bonuses and benefits on jobs related to Manufacturing as well as Quality, Material Supply and Logistics, Finance, IT, Human Resources and Administration.
Short findings:
In 2019 salaries at manufacturing companies have increased by and will grow in 2020 at the average rate of 12%.
95% of the surveyed manufacturing companies pay bonuses linked to employee individual achievements.
100% of the surveyed manufacturing companies offer additional benefits to employees. Most popular include meals, medical insurance, foreign language courses and technical trainings, free mobile connection and additional paid vacations.
Average annual cost of the compensation package per employee ranges from 14,000 uah (blue collars) to 45,000 uah (top managers).
In 2020 majority of the surveyed manufacturing companies do not plan to expand production and increase head count.
This survey provides an insight into the salaries commanded by professionals within the consumer sector across a wide range of disciplines within Spain.
An overview of the Human Capital Management Market by Solution report. Human Capital Management Market by Solution (Core HR, Workforce Management, Compensation Management, Performance Management, Recruiting, Learning Management, Employee Collaboration and Engagement), by Industry Verticals , & by Region - Global Forecast to 2019
Brainspotting carried out a research concerning the latest recruitment practices and trends on the Romanian market. Please visit http://talentspotting.com/ to see the latest solution developed by Brainspotting to support companies recruit more efficiently.
The TeamLease Industry Salary Primer - 2013valuvox
The Salary Primer is an annual compilation of temp and perm market salaries across the most relevant geographies and industries, accompanied by trends and insights which add value to hiring and talent management decisions our stakeholders make.
Temp and Perm salaries have been seen to be converging for some years now. During our course of an annual analysis of salaries we found that the margin of difference between the two is not statistically significant anymore and has, therefore, practically diminished. This meant, reporting a ‘unified’ or a single salary across the temp and perm domains is now feasible.
As the differential between temp and perm salaries pales into insignificance – ‘not significant’, as statistics puts it – we decided it is time the convergence is reported for what it is: a unified industry salary.
The TeamLease Employment Outlook Report - Oct-Mar, 2015-16 valuvox
The TeamLease Employment Outlook Report provides a rich overview of hiring sentiments and trends across 9 key sectors and 8 major cities in India. They are a half-yearly exercise in capturing and reporting on Talent Acquisition plans by Indian employers.
Over the years, the Employment Outlook – defined in the enclosure alongside –has come to reflect an accurate, forward looking, sense of the inclination to hire by organizations, thus helping Talent Managers across India with highly relevant decision support.
The report aims to:
1. Measure trends in hiring sentiment across the country, and
estimate Job Growth, by city and sector.
2. Drill across geographies, business size and hierarchy to provide additional dimensions of the statistic.
3. Identify the key drivers of hiring sentiment at a ‘big-picture’ as well as sector-level.
This Employment Demand Report Sylvia Wower Sylvia Wower
This Employment Demand Report summarizes the results and trends identified from
the responses. Surveys were administered online and through phone
interviews, targeting all manufacturing firms with less than 500 employees.
Corporate Staffing Services Kenya 2015 Q1 Talent on employment trends in Kenya. We touch on who is recruiting, top universities in Kenya and top challenges employers faced in the last 12 months.
Funding Sme – The Challenges And Risk Within - MSMEs CONTRIBUTION TO ECONOMY ...Resurgent India
Economy, with more than 31 million units employing more than 80 million persons. Further, productivity of the MSME sector has been improving significantly with fixed investments and employment growing consistently over the past few years. This is a direct indication of the efforts focused on this sector to integrate the workforce with technological enhancements to increase production. Fixed investments in the MSME sector between FY07 and FY12 has grown at a CAGR of 6.5 per cent and employment has grown by more than 6 per cent (y-o-y). Further, between FY07 and FY12, the sector’s total gross output grew at a CAGR of 6.3 per cent - reiterating the substantial contribution of the MSMEs to the Indian economy.
Résultats de la 19 ème enquête mondiale sur les tendances de l'emploi réalisée auprès des clients du réseau de Cabinets de Recrutements Antal International
Introducing and implementing the EUCIP Core training programme can only be efficient and successful if young professionals completing the training have a chance to be employed not only in Europe but also in Hungary. In the framework of the I-TShape project, the Pest County Foundation for Enterprise Promotion (PFEP) undertook to survey Hungarian stakeholders of the economy to assess the infrastructural background of various businesses, the status of this infrastructure, the conditions of its operation and the expectations towards professionals who operate and develop it. The results and conclusions of the survey are important for us, as we can use them in designing a training programme tailored to the needs of the Hungarian market demands that and then integrating it into the vocational training system in Hungary.
The Jobs and Salaries Primer, along with the Employment Outlook Report and the India Labour Report, is an ongoing quest to further this knowledge base and to be at the forefront of the market insights that drive business success for all our stakeholders.
The global payroll outsourcing market size reached US$ 8.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.24% during 2023-2028.
More Info:- https://www.imarcgroup.com/payroll-outsourcing-market
Findings: 2020 Annual Pay Survey of manufacturing companies in Western Ukraine
In September 2020 Lviv Consulting Group conducted an annual pay survey of manufacturing companies operational in Western Ukraine.
1. EBA Western Ukrainian Branch together with Lviv Consulting Group are presenting the results of
the 8th Wave of Western Ukraine Labour Index conducted in March 2015. In view of the economic situation
in the country, our goal was to identify the main trends and dynamics of the labour market and to compare
them with the previous wave indices.
We invited the businesses operating in Western Ukraine: from Lviv, Volyn, Ivano-Frankivsk,
Zakarpattiya and Ternopil regions to exclusively participate in the survey. The majority of participants (85%)
are businesses with foreign investments. The head count varies from 50 to 500 employees and there are
several companies that employ over several thousands people. Unlike in the previous period, providers of
IT outsourcing, professional consulting and accounting services, retail and distribution businesses prevailed
among the participants; around 40% of participants represent automotive, textile and food processing,
agriculture, wood and metal processing businesses.
For the second time we asked businesses to share information about how the situation in the East
of Ukraine influenced people related issues. 62% of businesses were affected, as some employees were
mobilized into the army, mostly in production, but also in IT, retail, sales and agriculture businesses. 28 % of
respondents (compared to 39% in the previous wave), namely businesses active in the textile, logistics and
consulting areas did not feel the difference as they employ mostly women. 15% of companies (a five-fold
increase), mostly in the distribution and machine building industries, became interested in employment of
qualified specialists relocated from the east of Ukraine and the Crimea.
Please indicate current priorities in managing
Human resources in your company
17%
6%
17%
56%
33%
28%
17%
67%
44%
Recruitment and Staffing
Outsoursing of personnel
Head count reduction
Retention of valuable employees
Training
Management development Coaching
Succession planning
Performance management
Reduction of employees related costs
Within three waves of the Labor market index enhanced efficiency and high performance have
continued to be the top priority targets in managing employees, as well as reduction of personnel related
expenses. Training and development, succession planning and leadership development are the focus of
attention for 33 % of respondents.
2. A tendency to optimize resources is still strong, though a number of respondents planning to
reduce headcount decreased by 15% from 36% in the Seventh Wave. Among them are seasonal businesses.
40% of companies plan to expand and increase head count: e.g. to open new trade outlets or stores,
representative offices and branches in other cities (consulting, audit, software development firms).
Assembly operations businesses in the machine building, metal working and textile industries also plan to
hire new employees. 55% of medium and large companies will not change head count during the coming
three months.
Please indicate what categories
of employees are currently in demand in your company
17%
50%
11%
6%
11%
17%
Line Managers
Core Business Specialists
Administrative Staff
Fresh graduates without
experience / Students
Workers (skilled labour)
Workers (non skilled labour)
Employers became more active in recruitment of new hires in the market (78% compared to 50% in
the previous wave). Companies are looking for sales specialists, engineers, marketing specialists,
accountants and IT specialists with 3 +years of experience. There is a pronounced demand for line
managers and semi-skilled labour by production companies. Fresh graduates became less attractive for
employers. A small number of respondents started to look for top managers compared to zero demand in
the past 6 to 9 months.
Despite a very complicated situation in the economy, none of the respondents plan to reduce pay
levels. 21 % of businesses, mostly in sales and distribution, will not review pay levels at all. 39% have
already increased salaries in January, 2015; a half of them will adjust pay levels within next three months.
56% of respondents are ready to increase employees’ pay during three months to cover inflation rate and
local currency devaluation. Some companies (IT and assembly operations) plan to do so each month for
certain groups of employees.
3. Average salary ranges (before taxes) in different industries:
Average salary ranges
(before taxes), UAH
Manufacturing:
Wood processing
Metal Working
Automotive
Light industry
Food industry
Machine building
Agriculture
Non-skilled /semi-skilled labour
(operators, seamstresses)
*assembly operations, textile industry
** wood processing and agriculture
2100-2400*
3100 - 4600**
Skilled labour
(mechanics, locksmiths, etc.)
*assembly operations, machine building, automotive
** wood processing and agriculture
3100 – 4500*
5500- 7000**
Administrative and office personnel
(accountants, analysts,
administrators, lawyers, etc)
4100-6500
Specialists (engineers, logistic,
consultants, HR, agronomists)
5200 - 8500
Mid level managers (heads of
departments)
7500-11000
Top managers
* pay level may be linked to currency exchange rate
15 000+*
Services:
Legal and audit
Consulting
Retail
HR
ІТ
Semi-skilled workers with high school
certificate (cleaners, sales agent)
1300-2200
Qualified workers
(call centre operators, clerks, cashiers,
senior sales agents)
2200-3500
Administrative and office personnel
(accountants, analysts,
administrators, lawyers, office
managers) * IT and e-commerce companies
4300 – 6500
6500 - 8500*
Specialists ( logistics, consultants, HR,
sales managers)
* IT , e-commerce and trade companies
4500 - 8500
9000- 12000+*
Mid level managers (heads of
departments)
7500 - 10000
Toр managers
* pay level may be linked to currency exchange rate
15 000+*
Compared to the previous wave, average pay level of workers, specialists and middle managers in
manufacturing companies increased by 11%-13%. This is a general tendency, though a few companies
increased pay by up to 30% for all employees. Some companies did selective salary increase for key
performers to retain the best talent.
4. Salaries of non-skilled employees in servicing firms have increased by 8% to 11%, mid level
managers, office and administrative staff got a 14%-17% increase in pay. Salary of specialists in those firms
also increased by 20%. Top management salaries of manufacturing and service companies, indicated in the
table, are minimum salaries, often linked to currency exchange rate. Information is not complete to identify
% of increase.
Please indicate what benefits your company offers to employees,
in addition to those required by the law
50%
39%
89%
39%
0%
34%
23%
39%
6%
Meals
Subsidized transportation
Mobile phone connection
Medical insurance
Additional vacations
Sport and recreation facilities
Flexible working hours
Free loans
Pension plan
Not a single company among the respondents deprived employees of additional incentives during
the past 6 months. Free mobile connection remains the most popular incentive favoured by manufacturing
and service companies. Manufacturing companies complemented subsidized meals and transportation to a
work place by medical insurance and flexible working hours.
Structure of the compensation package provided by service companies has not changed over time.
Employees of IT, trade and audit firms can use free sports and recreation procedures, medical insurance
and flexible working hours.
5. How would you estimate the current labor market?
Labour Market Index in March 2015 is 3.46.
The index is defined as average indicator of the individual categories. Individual indicators were
defined as follows: e.g. “Market salaries”: 1*6,3% + 2*6,3% + 3*37,5% + 4*37,5% + 5*12,5% = 3.43
Compared to September 2014, Labour market Index in March 2015 went up by 0.41 and is at the level of
3.46. Thus, the labour market is still unstable but demonstrates positive trends for employers, namely,
relatively low salaries if calculated in hard currency and lower employee related expenses.
Labour Market Index Dynamics