The Paylab.com international salary portal launched a website offering downloads of regularly updated salary reports for jobs in Central and Eastern Europe. The portal uses machine learning technology built on an original statistical model to calculate salaries. Companies are only a few clicks away from detailed information on remuneration for specific jobs across a range of countries in Central Europe, the Balkans and the Baltics. Paylab has brought a solution to market for companies who need current salary data on demand. It is common practice for foreign entities planning their business activities in this region to buy salary reports.
Paylab examined teachers’ salaries in detail and compared them to other selected jobs that involve working with people on a day-to-day basis, such as doctors, shop assistants and customer support staff. According to Paylab’s findings, the salaries paid to teachers in many countries, despite their education, don’t give them much reason to celebrate. Their standing is often comparable to the salaries of employees who have completed secondary level education. The trend, however, indicates that professions focused on working with people will be extraordinarily appreciated and desirable in the future. Manual labour and data may be automated, but working with people, which generates value, will be among the “professions of the future” and their price will continue to grow.
The mix of skills that marketers need to effectively perform their jobs changes constantly as a result of innovations and market challenges. Marketers need to continuously expand their expertise in a variety of areas to meet the demands and complexity of work assignments and requirements. To remain attractive in the eyes of future employers, they need to be skilled in digital marketing and know how to work with individual digital channels. Another sought-after skill is expertise and experience with project management. A good marketer should know the sales patterns, have a sense for business and have excellent communication prerequisites. Good marketers should also continue to expand their skills, especially in the field of the psychology of human decision-making and behavioural economics.
More and more job seekers are asking for home-office, or home working, in interviews. This is considered standard in certain positions within efforts to make working conditions and non-financial benefits for employees more popular. Most typically, these are management positions and other qualified technical and non-technical positions. Its prevalence and popularity continue to climb at the workplace. Within its analysis, Paylab compiled a ranking of the top sectors where this benefit is most prevalent.
Here’s how your pay could be affecting your borrowing ability and terms. While there is an abundance of credit options available on the market today, the ones that you can actually access will depend on a number of factors specific to an applicant. Most people automatically go to their credit scores and history when considering whether they will be deemed suitable for various credit or lending products. While it is certainly an influencing factor, your approval (or even consideration) for loans, consumer credit or even alternative lending is impacted by much more than past payment records.
From job portal statistics it’s clear that ads with a specified salary are viewed more often than offers without a salary. Still, most companies in CEE region prefer to keep the information about salaries secret, and candidates often find out only at the end of the job interview. The final agreed amount also depends to a large extent on the willingness of the candidate to negotiate.
There are many different ways to examine one’s pay because it is affected by a variety of different factors, but especially the specific job we perform. The international Paylab.com portal has been aggregating salary information for more than 10 years and has localised salary portals in more than 20 countries. Paylab compiled a list of nine key factors that go a long way in explaining why you’re earning more or less than the market rate. They are well worth keeping in mind the next time you analyse your salary or consider making a career change.
Employees working in information technology, management and administration have the greatest demand for salary information. This is based on analysis from salary questionnaires completed last year across the entire Paylab network. Salary adjustment inside companies is a dynamic process, as managers must try and balance salaries that are equitable internally and competitive externally for the given employee on the market. Employees most often complete these salary questionnaires when preparing for a job interview or a performance evaluation.
Optimised salaries combined with a good team and corporate culture are the most valuable aspects that influence employee satisfaction. Fun at work is important, because we spend a third of our life working. A humour in the team is an extraordinaly way how to fight against stress and how to recharge energy. Employee salaries remain a top criterion affecting workplace loyalty.
According to the Paylab international salary portal, which has monitored trends in employee salaries at the level of individual positions over the long-term, men receive on average 9 per cent more than women in the same position. The gender gap has greater testimonial value within salary analysis through the optics of the same position, because such salary comparison is based on an identical workload and approximately the same prerequisites, such as experience, education, and skills.