Poland’s corporate sector wages jumped by 13 percent year-on-year to an average of PLN 6,555 in June of 2022, but missed market expectations of a 13.3 percent increase. On a monthly basis, corporate wages advanced by 2.4 percent, prompted by payments of quarterly and yearly bonuses, in addition to added retirement and severance pays. Wages increased significantly for mining and quarrying (39.9 percent to PLN 11,878) and electricity, gas, steam, and air conditioning supply (9.3 percent to PLN 8,966). On the other hand, wages fell the most in agriculture, forestry, and fishing (-5.9 percent to PLN 8,670). source: Central Statistical Office of Poland (GUS)

Wage Growth in Poland averaged 5.68 percent from 2006 until 2022, reaching an all time high of 14.10 percent in April of 2022 and a record low of 0.38 percent in January of 2013. This page provides - Poland Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Poland Corporative Sector Wage Growth - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Wage Growth in Poland is expected to be 7.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Poland Corporative Sector Wage Growth is projected to trend around 2.50 percent in 2023, according to our econometric models.

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Poland Corporative Sector Wage Growth



Calendar GMT Actual Previous Consensus TEForecast
2022-06-21 08:00 AM May 13.5% 14.1% 14.6% 14.4%
2022-07-20 08:00 AM Jun 13% 13.5% 13.3% 13.2%
2022-08-19 08:00 AM Jul 13% 13.1% 12.8%


Related Last Previous Unit Reference
Unemployment Rate 4.90 5.10 percent Jun 2022
Unemployed Persons 818.00 850.20 Thousand Jun 2022
Employed Persons 16714.00 16780.00 Thousand Mar 2022
Job Vacancies 83.10 89.20 Thousand Jun 2022
Wages 6156.25 6235.22 PLN/Month Jun 2022
Wages in Manufacturing 6287.97 6142.72 PLN/Month Jun 2022
Wage Growth 13.00 13.50 percent Jun 2022
Employment Change 2.20 2.40 percent Jun 2022
Labor Force Participation Rate 57.40 57.60 percent Dec 2021

Poland Corporative Sector Wage Growth
In Poland, Corporate Sector Wages measures year over year change in average monthly gross wage in the enterprise sector.
Actual Previous Highest Lowest Dates Unit Frequency
13.00 13.50 14.10 0.38 2006 - 2022 percent Monthly
NSA

News Stream
Polish Corporate Wage Growth Misses Expectations
Poland’s corporate sector wages jumped by 13 percent year-on-year to an average of PLN 6,555 in June of 2022, but missed market expectations of a 13.3 percent increase. On a monthly basis, corporate wages advanced by 2.4 percent, prompted by payments of quarterly and yearly bonuses, in addition to added retirement and severance pays. Wages increased significantly for mining and quarrying (39.9 percent to PLN 11,878) and electricity, gas, steam, and air conditioning supply (9.3 percent to PLN 8,966). On the other hand, wages fell the most in agriculture, forestry, and fishing (-5.9 percent to PLN 8,670).
2022-07-20
Polish Corporate Wages Grow at Record Pace
Poland’s corporate sector wages surged by a record 14.1 percent year-on-year to an average of PLN 6,627 in April of 2022 and above market expectations of 12.8 percent. On a monthly basis, gross wages and salaries decreased by 0.6%, mainly due to payments of discretionary, jubilee, holiday and quarterly bonuses, annual awards, increasing wages and salaries, including mobility package related, overtime pays and retirement severance pays in the previous month and also a smaller number of working days in April 2022 compared to the previous month. Wages and salaries fell mining and quarrying (down by 11.8% to PLN 8929.08), and electricity, gas, steam and air conditioning supply (down by 5.6% to PLN 9140.01). On the other hand, the highest increase in wages and salaries in comparison to the previous month was noted in agriculture, forestry and fishing (up by 27.4% to PLN 9214.25).
2022-05-20
Polish Corporate Wages Growth Unexpectedly Rises to Fresh 2008-High
Poland’s corporate sector wages surged by 12.4 percent year-on-year, the most since April of 2008, to an average of PLN 6666 in March of 2022 following an 11.7 percent increase in the previous month and above market expectations of 10.6 percent. On a monthly basis, wages grew by 7.2 percent due to payments of discretionary, jubilee, holiday and quarterly bonuses, annual awards, increasing wages and salaries, including mobility package related, as well as overtime pays and retirement severance pays (which besides the base salary are also included as components of wages and salaries). Considering Q1, average gross wages and salaries in the enterprise sector rose 11.7 percent in relation to the same period of the previous year, with increases in all NACE Rev.2 sections by between 6.1 percent in other service activities and 18 percent in mining and quarrying.
2022-04-21