The shortage of staff will lead to a massive raise in wages in the second half of 2021. Almost half of employers plan to raise wages by up to 20 percent, with the highest growth expected in the regions of Sofia, Burgas, Varna and Plovdiv, according to ManpowerGroup study.
37% of respondents say they will raise salaries by 10%, and 12% plan increases by more than 10%. Massive salary hikes are expected in the sectors with the highest demand for staff - such as "Information Technology", "Production", "Trade", "Tourism and Hospitality", "Health and Pharmacy".
Less than 1% of Bulgarian employers plan to reduce monthly wages.
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by more than 20% compared to the same period last year. As of September 30, 2024, the number of..
There has been an upsurge in the economy in every region of Bulgaria, the effects of the Covid crisis have been overcome, tourism has fully recovered, which is evident in Bulgarian seaside regions and spa resorts - this is the conclusion that is drawn..
More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual..
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