IT and digital specialsit potential of Central and Eastern Europe CEE

How can you attract IT talents and IT specialists to work for you?

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Many companies are currently feeling the effects of a lack of talented IT specialists with suitable skills on the labour market and have begun to look for talented help abroad. The Paylab Portal focused on IT specialists from the Baltics, Balkans and Central Europe in an effort to determine their willingness to work abroad. A total of 4,343 IT specialists working in this region across 11 countries in Central and Eastern Europe (CEE) participated in a Paylab survey at the beginning of 2017. They primarily included software engineers, technical specialists and programmers. Higher earning potential was the most attractive reason to work abroad, given that they were likely to earn at least double in Western Europe than what they were earning in their home country.
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Salary negotiation – Why are women less assertive than men in promoting their own interests and demands?

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Women are, in general, less assertive than men in promoting their own professional interests and demands. A lack of initiative in promoting one’s own personal interests is one of the major factors why women earn less than men and why their careers progress much more slowly. Lower incomes put women at financial risk and disadvantage upon retirement, given their lower savings and pensions. Retired women, single women and single mothers are at the greatest risk of poverty. What stands behind this behaviour?
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What is the best way to approach negotiations concerning your salary and job conditions?

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Conditions have never been better on the job market for employees to push for and negotiate conditions with which they will be truly satisfied. Skilful and capable people on the market are few and far between, and HR professionals have responded by thinking of inventive ways to attract and retain the best talent for their companies. All companies internally assess employees based on the added value they deliver to the business, their leadership, support, relationships, and especially in terms of the ROI (return on investment) they deliver. If you’re one of your company’s key employees, it’s good to know both your internal value and your overall market value, which is primarily determined externally, outside the company, by comparing your salary to the market value on Paylab.com.
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What are the best paid job positions in banking sector in CEE?

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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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10 fun and easy ways to make some extra money

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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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Which sectors offer the highest paychecks? TOP paid sectors in Europe!

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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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Salary analysis – How large a salary would cause an employee to stay at the same company?

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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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WOMEN – ASK FOR MORE! TIPS FOR WOMEN TO NEGOTIATE A BETTER SALARY

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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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How can employees grow alongside the company with non-financial benefits?

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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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What are the salary differences between technical and non-technical positions?

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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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