Statistics Office reports a 10.9% surge of Georgia’s average monthly earnings in Q3 to $731.92
As the National Statistics Office said on Monday, average monthly nominal earnings in Georgia raised by 10.9 percent (₾201.3 ($71.64) in the third quarter of 2024, compared to the same quarter in the previous year, and reached a total of ₾2,056.7 ($731.92).
According to the Office, the information and communication sector offered the highest monthly earnings (₾3,976.9 ($1,415.27) on average, showing an increase of 0.5 percent from last year). Then followed construction, (₾3,198.2 ($1,138.15) on average, up 5.4 percent), financial and insurance sector (₾3,186.6 ($1,134.02), up 13.5 percent),
professional, scientific, and technical sectors (₾3,062.9 ($1,090), up 17.1 percent).
Average earnings at ₾1,650.6 ($587.40) for women and ₾2,451 ($872.24) for men make the earnings gap between genders prevalent. An annual earnings growth is ₾191.5 ($68.15), or 13.1 percent, for women and ₾217 ($77.22), or 9.7 percent for men.
An increase in the business sector is 9.1 percent, (the average earnings attained ₾2,190.1 ($779.40). A decrease of 0.2 percent in the information and communication sector made the earnings fall to ₾4,065.8 ($1446.90), while an increase of 16.9 percent, averaging ₾3,500.5 ($1,245.73), was recorded in professional, scientific, and technical sectors.
Meanwhile, a 14.8 percent increase was seen by employees in the non-business and financial sectors, making their average earnings attain ₾1,813.5 ($645.37). Financial and insurance activities are the leaders in this domain.
The leaders in average earnings are the capital city of Tbilisi and the Mtskheta-Mtianeti region of the country.
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Read moreMore than 13,000 foreigners work in Kazakhstan
The Ministry of Labor and Social Protection of the Population reports that 13,743 foreign citizens are currently working legally in Kazakhstan.
Most of them are managers and their deputies (564 and 2,585 permits issued for heads of structural subdivisions, respectively). The majority of the foreign workers are specialists (4,913) and skilled workers (999). Seasonal work and corporate transfers attracted 1,186 and 3,496 people respectively.
Foreign citizens work for 1,744 employers in Kazakhstan (a total workforce of 388,000 Kazakhs, 96.5% of the total number of employees).
Construction (5,390 people), manufacturing industry (1,455 people), mining and quarrying (1,335 people), administrative and auxiliary services (1,305 people), agriculture, forestry, and fishery (1,237 people) employ the largest number of people.
The largest number of foreign workers is from China (4,881 people), Uzbekistan (1,273 people), Türkiye (1,203 people), and India (1,095 people).
Approximately 1 billion tenge was attracted by the Kostanay region worth of foreign investments in the past two years, creating over 1,000 jobs.
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Read more12% of IT professionals in Ukraine work two jobs, — DOU survey
About 12% of Ukrainian IT pros (out of 13,000 surveyed by DOU website) have a side gig — and that number has significantly increased compared to last year. Overall, 27% of IT professionals have projects on the side of their main job, with 12% having a direct second job, 11.7% working on a pet project, […]
Read moreThree key challenges for the IT industry in Serbia today
The IT industry in Serbia is facing numerous challenges that threaten the growth and stability of companies, which significantly differ from those of the past. Non-competitive salaries and benefits, high living costs, and increased competition in the labour market were the key challenges companies faced this year. Additionally, the reduced number of projects globally, coupled […]
Read moreOver 13,000 foreigners employed in Kazakhstan
According to the Ministry of Labor and Social Protection of the Population, a total of 13,743 foreign citizens are currently employed legally in Kazakhstan, Kazinform News Agency reports. The majority of foreign workers belong to the category of managers and their deputies, with 564 and 2,585 permits issued for heads of structural subdivisions, respectively. Most […]
Read moreGeorgia’s average monthly earnings surge 10.9% in Q3 to $731.92 – Statistics Office
Average monthly nominal earnings in Georgia increased by 10.9 percent in the third quarter of 2024, rising by ₾201.3 ($71.64) to reach a total of ₾2,056.7 ($731.92) compared to the same quarter in the previous year. Average monthly nominal earnings in Georgia increased by 10.9 percent in the third quarter of 2024, rising by ₾201.3 […]
Read moreThe key factor for job selection is salary
Research conducted by Infostud during the Regional Employment Fair shows that salary is the most important factor for job selection in Serbia for 66% of people.
Good interpersonal relationships are the second essential factor (61% of respondents). The opportunity for learning and career advancement takes the third place (37% of respondents). Then come working hours (34%) and job security (23%). 22% of respondents voted for flexible working hours as a key factor.
A third of respondents believe that skills and knowledge are the most important factors for securing employment. 20% of respondents think that motivation and willingness to work play a key role, while prior work experience is crucial for 18%. On the contrary, formal education is crucial only for 3%.
A monthly salary between €800 and €1,000 is ideal for 35% of respondents in Serbia. A salary in the range of €1,000 to €1,500 is expected by nearly a third (28%). 17% believe that €500 to €800 would be enough for a decent living. Salary expectations exceeding €1,500 per month were recorded only for 13% of respondents.
Only 16% are satisfied with their current position, and over half of respondents (54%) want to change jobs within the next year. 22% of respondents are concerned about the precarious nature of the labour market.
The salary of 45% has not increased in the past year, while income of 37% has increased. Salary of 16% is expected to raise by the end of the year. The positions of 63% of respondents do not allow for remote work. 19% of employees able to work remotely work from the office. 12% adopt a hybrid model, and only 6% work entirely from home.
Foreign private companies are chosen by 33% of respondents. The second most desirable option is entrepreneurship (27%). 21% would choose to work in state-owned enterprises. Domestic private companies seem preferable for only 15%.
Feedback on the outcomes of job applications is received rarely by 46% of respondents and almost never by 24%. A response is always received only by 3% of candidates. 38% of young people still in education believe that they will find a job within three months after graduation. 20% expect to get employed in six months. 70% are planning to gain experience during internships, 46% would choose part-time jobs, one in five will get necessary training.
Relocation for work is not desirable for 46% of respondents in Serbia, while moving to a European country attracts 28%. 14% would relocate to regional countries, 11% would move outside Europe. Higher salaries (74%), better living conditions (63%), and improved working conditions (57%) are the main reasons for emigration.
There were 20 questions in the survey embracing over 6,000 people of three demographic groups: employees, unemployed individuals, and those currently in education. Nearly 50% of respondents (2,916) were Serbian.
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Read moreUkrainian business expectations worsen in Nov 2024 – NBU
The Business Activity Expectations Index (BAEI), calculated by the National Bank of Ukraine (NBU) using a scale from zero to 100, dropped by 2.3 points to 47.2 points in November 2024 after adding 0.7 points in October, and is also below 47.5 points recorded in February 2024, Ukrainian media said, citing the NBU website. “The […]
Read moreSalary remains the key factor for job selection
Salary continues to be the most important factor for job selection in Serbia, with 66% of people citing it as the decisive criterion, according to research conducted by Infostud during the Regional Employment Fair. However, good interpersonal relationships remain highly significant, as 61% of respondents identified them as essential when choosing an employer. The third […]
Read moreKazakhstan, Guinea-Bissau eliminate visa requirements for diplomatic and service passport holders
Kazakhstan and Guinea-Bissau have signed an agreement to exempt holders of diplomatic and service passports from visa requirements, Trend reports. The agreement was signed during talks in an expanded format, involving official delegations from both countries, led by the Presidents of Kazakhstan, Kassym-Jomart Tokayev, and Guinea-Bissau, Umaro Sissoco Embaló. During the talks, President Kassym-Jomart Tokayev […]
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