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Compensation and benefitsSalaries in segment
Banks are among the most important employers around the world and, given that they are institutions that manage and mediate money and financial transactions, are a part of a select group, together with the IT sector, technology, and suppliers of commodities, comprising the best-paying industries. Banks provide their employees with the most generous bonuses in relation to their base salaries of all the mentioned industries. Of course, banks also have a specific hierarchy of job positions, each of which has its own market value. Paylab examined bank salaries in more detail and compiled a ranking of the best-paying positions, based on 6507 answers from survey of CEE users in Slovakia, Czech republic, Hungary, Estonia, Lithuania and Latvia.
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Pay equityUncategorized
Every month when your bank account notification pops up on your mobile screen, it’s a good sign that your salary has arrived and is waiting to be spent on whatever you want. You know how it should go – lower wages, less spending, but when we make more money we naturally want to spend more. Our living standards are rising, we’re buying more expensive goods, and our expenses are increasing too. If we want to put some money aside, we can either plan our finances and eliminate impulse purchases or even find a side job to make more money.
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Compensation and benefitsSalaries in segment
The international portal for wage comparisons – Paylab – has compiled a ranking of the highest paid sectors where it is worth working. The portal has salary information for more than 500 jobs from over 454,000 respondents, which are analysed based on business areas in which employers operates. In this analysis, Paylab took into account all types of jobs from unskilled to management positions.
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Compensation and benefits
A salary is still the best source of motivation for work and is closely related to the value of a position on the labor market. HR professionals are well aware that some of these positions are filled quickly because there are more opportunities to choose from, but it is harder with other positions as it’s not easy to find qualified applicants with the necessary skills, specialization, and education in labor market or in a certain region.
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Pay equitySalary negotiation
Women earn less than men almost universally around the world. However, the pay gap between men and women can be overcome in many instances. Women can achieve higher salaries if they are more assertive and confident to bring up the subject when seeking a pay rise from their employer. Women largely rely on their honest and quality work paying dividends, without the need to actually negotiate their pay. While thanks for a job well done may be satisfying and strong motivation, such gratitude has no impact on their payslip. Paylab has prepared some tips for women to better negotiate their pay.
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Compensation and benefits
Paylab decided to map the trends currently going on in the world of non-financial benefits. Employers are forced to largely and quickly adapt to modern times and people’s needs in the 21st century. Work is an integral part of lifestyle, and in many cases privacy is largely connected with one’s job. Some employee benefits try to tear down workplace stereotypes and guarantee assistance and convenience.
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Salaries in segment
Information technology, electronics, automation, new media, technology startups and innovations stand today on a pedestal of public and corporate interest because they increase productivity, indicate trends and improve overall quality of life. Personnel with technical backgrounds, such as technicians, technologists, engineers, IT specialists, programmers, web developers, etc., now have interesting career opportunities. On the other hand, some positions in social or economic fields such as financial analyst, lawyer, doctor, marketer, coach, interpreter, policeman, journalist, real estate agent, and others can also be well-paid. From a global point of view, are technical positions better paid than non-technical positions?
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Salaries in segmentSalary negotiation
Do you know Marcello Schermer? He quitted his well-paid job in Silicon Valley in order to be part of the startup community in Africa. Everywhere he goes, he eagerly talks about hidden potential, which is waking up on the African continent. As a Seed Star World’s regional manager he traveled all over African continent and supported business ideas created by local people in 18 African countries, including Kenya.
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Compensation and benefitsSalaries in segmentSalary negotiation
Digital Nomads are productive people, who don’t feel like doing classic corporate job. They are looking for alternative way of how to make a living, which can be, thanks to the internet, provided from anywhere in the world. They can work remotely while traveling and discovering themselves in new parts of the world. For a long time was Bali, the island in Indonesia, or Chiang Mai in Thailand, the most attractive places for Nomads because of its exotic beaches and low operating costs. But given the actual trends it is obvious that Nomads took a fancy to cities in Central Europe such as Budapest, Prague and Tallinn. So not only exotic islands but also these cities are up-to-date digital paradises.
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Compensation and benefitsSalaries in segment
It happens very often that personnel professionals in companies give a slight sigh during a job interview when it comes to applicants and their effusively high salary expectations. Applicants often don’t know, or have distorted imaginations about real salary range on a position they are applying for. Paylab tried to find out whether HR professionals have a good estimate for salaries. The fact is that “salary vision versus reality” is a challenge not just for applicants but also for HR professionals. We found it out on a special conference HR days, which took place in October 2016 in Prague (Czech Republic), and was a part of the biggest Czech job expo – Profesia Days 2016 Prague.
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