Salaries in Austria in 2020 will grow by 2.8 percent

Зарплаты в Австрии в 2020 году вырастут на 2,8 процента

It is expected that in 2020 wages of Austrians will grow at an average 2.8 percent.

These data became known in the result of an international study of wages, published by the consulting firm Mercer, reports

It is noted that the increase in the nominal wages in Western Europe the average is 2.5 percent, in Eastern Europe — five. However, inflation almost compensates for this increase. Real growth averaged 1.1 percent in Western Europe and 1.2 percent in Eastern Europe. In Russia, for example, nominally seven per cent, and the real 3.5 percent, in Poland inflation eats up the entire nominal growth of 3.5 per cent.

Austria with a real salary increase of 0.9 percent is below the European average.

The most serious wage increases in Austria is expected in the energy sector — three per cent. This is followed by the sectors of high technology and consumer products — each at 2.8 percent. It should be noted, however, that, of course, there are groups of employees, which due to the low availability of specialists who can rely on a significantly higher wage increases. This applies for example to marketing, Finance and technology.

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