Human resource management

A recent survey sheds light on the evolving trends in Christmas bonuses among Bulgarian employers, indicating a shift in their approach towards year-end rewards.

Bulgaria witnesses a notable surge in average salaries, with Ministry of Labour and Social Policy data revealing an upswing in the third quarter of 2022. The report, published on the Ministry's website, showcased an average salary of BGN 2,000, marking a substantial 14.7% increase compared to the previous year.

The Greek worker is the only one in Europe who still has a lower nominal salary compared to 10 years ago. If we compare it with the pre-bailout levels (before 2010), the losses reach 17% without taking into account any damage caused by inflation.

A total of 3.6% of enterprises in Bulgaria use artificial intelligence (AI) technologies, according to data from a study by the National Statistical Institute.

Not a single investment project in the context of business mergers and acquisitions has been submitted to the Recovery and Resilience Fund (RRF) to date for financing, despite the fact that Greece is a champion in absorbing the resources of the RRF's loan arm.

The State General Accounting Office is demanding from pensioners the return of retroactive amounts that correspond to salaries higher than those to which they were entitled if they continued to work wider public sector entities after their retirement.

BELGRADE - Serbia's August 2023 industrial turnover was down by 2.5 pct relative to the same month of last year, according to figures released by the national statistical office.

Relative to the 2022 average, it was down by 2.2 pct.

By sectors, the mining sector registered a 13.2 pct turnover increase y-o-y, while the manufacturing industry turnover fell by 3.1 pct.

For the positions listed, employers offer maximum monthly salaries ranging from 1,000 to even 3,000 euros. The significant demand for specific professions coupled with a shortage of labor force has caused significant shifts in the job market, experts say.

Some 97 percent of employees in Türkiye are open to new job opportunities, making Türkiye the top country where employees are most actively seeking fresh career prospects, reveals a survey conducted by a renowned U.K.-based recruitment company.

BELGRADE - Serbia's May 2023 industrial turnover was down by 7.1 pct relative to the same month of last year, the national statistical office has said.

Relative to the 2022 average, it was down by 2.7 pct.

By sectors, the mining sector registered a 1.1 pct turnover decline y-o-y, while the manufacturing industry turnover fell by 7.3 pct.