Polish wages climb but may take decades to reach EU average, study shows


Photo by muchomoros/Shutterstock.com

It will take Poles 50 years to catch up with the EU average in terms of salaries if pay in the bloc grows at current rates, according to a study. But the survey, by advisory firm Grant Thornton, said that Poland has made great strides in the last two years.

Photo by muchomoros/Shutterstock.com

As reported by IAR, the press agency that has been working with Polskie Radio in Poland since 1994, the survey found that Poles wages’ have been boosted by economic growth, with salaries increasing at a faster rate than in many other European Union countries.

The average monthly salary in the European Union is nearly EUR 3,000, IAR reported. Slovaks, Latvians, Lithuanians, Romanians and Bulgarians earn less than Poles, it added.

Average wages in Poland rose 5.9% in October compared with the same month last year, reaching PLN 5,213.27 (EUR 1,214), Statistics Poland (Główny Urząd Statystyczny in Polish, or GUS) said last month. 


Consumer price levels below EU avg in 2020 Analysis

Consumer price levels below EU avg in 2020

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Breast cancer screening at Dr. Rose Private Hospital Interview

Breast cancer screening at Dr. Rose Private Hospital

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.