average salary in sofia, bulgaria

People tend to confuse bonuses with commissions. On average, a Bachelor's Degree is the highest level of education for a Paralegal. My friends who work in it usually get a 500 leva bump for every year of experience. Those who got bonuses reported rates ranging from 3% to 6% of their annual salary. The average salary for jobs in Sofia, Bulgaria is 18 598 лв. In most cases, a salary review is conducted once education is completed and the degree has been attained. Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. Welcome. If he … Also from the diagram, 75% of the population are earning less than 10,500 BGN while 25% are earning more than 10,500 BGN. Wages in Bulgaria averaged 590.20 BGN/Month from 1997 until 2020, reaching an all time high of 1397 BGN/Month in September of 2020 and a record low of 30 BGN/Month in January of 1997. The average salary for a Auditor is лв1,925 in Sofia, Bulgaria. You can't really expect any salary increases during the study period, assuming you already have a job. Listed above are the average annual increase rates for each industry in Bulgaria for the year 2019. We are a member of Integra International an interactive global association of independent accounting & consulting firms, covering 50+ countries with 170+ offices worldwide. What salary does a Quality Assurance earn in Sofia? If you are interested in the salary of a particular job, see below for salaries for specific job titles. Detailed salary report based on career, education, experience, gender, age etc. 4 jobs in Bulgaria on totaljobs. Trends in wages decreased by -100.0 percent in Q3 2020. Bulgaria has the lowest wages in the EU and doctors' salaries are no exception. What salary does a Manager earn in Sofia? How the salary history question affects pay equity. Salaries estimates are based on 17 salaries submitted anonymously to Glassdoor by Manager employees in Sofia, Bulgaria. We wrote a guide to explain all about the different scenarios. Stay up to date on the latest compensation trends. Percentage increase and decrease are relative to the previous value. Sofia, Bulgaria Area. The most standard form of bonus where the employee is awarded based on their exceptional performance. Use our tool to get a personalized report on your market worth. I can help you find out what you should be paid. Formed in 1999, K&K Accounting is a well respected accounting company located in Sofia, Bulgaria. It really depends on what options you have. Bulgaria - Get a free salary comparison based on job title, skills, experience and education. A person working in this city typically earns about $22,161.58 (39,388 BGN) yearly, $1,846.41 (3,282 BGN) monthly, or $10.69 (19 BGN) hourly. The cost of living in Sofia is quite low, and you can easily rent an apartment for 250 euros per month. Currently, the average salary in Sofia is hovering around 500 to 550 euros per month, which is more than the double of the minimum. The decision really depends on your situation and experience among many other factors. Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 ), 10 job hunting mistakes everyone is making, 9 deadly resume mistakes that you must avoid, 12 careers for people who like to work alone. The amount of the bonus will probably be different from person to person depending on their role within the organization. Salaries for Related Job Titles. Many people pursue higher education as a tactic to switch into a higher paying job. Where can you get paid more, working for a private company or for the government? Follow wage changes of U.S. workers over time. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. Fresh market data paired with robust analytics. Sofia has one of the cheapest square meter prices among … Usually jobs are classified into two categories: salaried jobs and hourly jobs. Sr. Software Engineer / Developer / Programmer, Pharmaceutical Product Development (PPD), Inc. Average salaries in Sofia, Bulgaria can vary greatly based on a career field. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. Sofia is becomming a better place and you'll be having a nice life with this salary. The average salary for a Manager is лв2,195 in Sofia, Bulgaria. Wages in Bulgaria increased to 1397 BGN/Month in September from 1335 BGN/Month in August of 2020. Salary variations differ from person to person. The cost of living in Sofia is 100 percent higher than the national average. Both are indicators. Currently, the average salary in Sofia is hovering around 600 euros per month, which is considerably higher than the minimum. A person working in Sofia typically earns around 3,860 BGN per month. A person working in Factory and Manufacturing in Bulgaria typically earns around 2,260 BGN per month. The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase. The figures provided here are averages of numbers. Reading from the salary distribution diagram, 25% of the population are earning less than 2,170 BGN while 75% of them are earning more than 2,170 BGN. Salaries range from 840 BGN (lowest average) to 5,650 BGN (highest average, actual maximum salary is higher). Sofia, Bulgaria Area. Salaries in Sofia range from 980 BGN per month (minimum salary) to 17,200 BGN per month (maximum average salary, actual maximum is higher). This is very predictable due to the inherent responsibilities of being higher in the hierarchy. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. 67,500 / yr. EPAM Senior Software Engineer salaries - 9 salaries reported. VMware Senior Member of Technical Staff salaries - 10 salaries reported. Despite the fact that most of the salaries are bellow 1 000 euros per month, there are still jobs which pay extremely well, especially in I.T. The average salary in Bulgaria is considerably higher than the minimum wage, but still rather low. Thank you! Their expertise is usually different from that of the core business operations. Compare salaries city by city with our free salary wizard and convert your own salary to a local salary in Sofia. Salaries range from 980 BGN (lowest average) to 17,200 BGN (highest average, actual maximum salary is higher). We’ll get you noticed. Find and apply today for the latest jobs in Bulgaria. Sofia is the capital city of Bulgaria. You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails. This is the average monthly salary including housing, transport, and other benefits. Male employees in Bulgaria earn 6% more than their female counterparts on avergae across all sectors. Private schools are indeed expensive, like 600-800 euro per month, just checked a few. The median salary is 3,860 BGN per month, which means that half (50%) of the population are earning less than 3,860 BGN while the other half are earning more than 3,860 BGN. A year ago their number was 2,030 which means an increase of 8%. Naturally the more years of experience the higher the wage. Average salary for MentorMate Qa Analyst in Sofia: 2,000. The average salary in Bulgaria is around 400 euros per month. Average Salary in Sofia, Bulgaria. IBM Financial Analyst salaries - 10 salaries reported. If your wage is between the average and the median, then things can be a bit complicated. Average Salary in Sofia. In the last 4 years the number of people with exceedingly high salaries has gone up by 83%. Wages In Manufacturing in Bulgaria increased to 1233 BGN/Month in September from 1186 BGN/Month in August of 2020. The cost of living in Sofia is 100 percent higher than the national average. Trends in wages decreased by -100.0 percent in Q3 2020. The formula for a winning company culture. WHETHER YOU WANT TO SET UP A COMPANY IN BULGARIA OR GO TO WORK IN BULGARIA, IT IS GOOD TO HAVE AS MUCH INFORMATION AS POSSIBLE ABOUT SALARIES IN BULGARIA. The average pay for a Paralegal is BGN 20,758 a year and BGN 10 an hour in Sofia, Bulgaria. Operations Manager 4 k. Senior Manager 5 k. Product Manager 3 … Also keep in mind that the IT sector is the best one in bulgaria and sofia. Get access to our salary comparison calculator by signing up. Example:A graphics designer working for a graphics designing company. Employees that are directly involved in generating revenue or profit for the organization. You should be able to recover the costs in roughly a year or so. The total average salary for this year has increased by almost 12% to BGN 1,249. Sofia, Bulgaria Area. Job Salaries in Sofia, Bulgaria Choose a job title below to drill down on how much the position pays in Sofia, Bulgaria Average Salary in Sofia, Bulgaria The average salary in Sofia is 18 598 лв.annually or These figures tend to change frequently. Salaries vary drastically between different careers. One major difference between salaried employees and hourly paid employees is overtime eligibility. In some areas there has been a shortage of qualified labor. The most popular occupations in Sofia are Software Developer, Software Engineer, and Senior Software Engineer which pay between BGN 7k and BGN 69k per year. (BGN) per year or an hourly rate of 9 лв. In a written answer to a parliamentary question Finance Minister Kiril Ananiev states that 2,193 people received over 15,000 euro per month. Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines. Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma. Public sector employees in Bulgaria earn 9% more than their private sector counterparts on average across all sectors. There is also a fairly large difference between salary levels in the capital city of Sofia, and the other major Bulgarian cities. Consult all the information in order to know how much it would cost you to live in Sofia (Bulgaria) whether you are traveling, living, working, vacationing or just curious. True, this sounds extremely low for a Frenchman. The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones. These types of bonuses are given without a reason and usually resemble an appreciation token. Based on 1 salaries posted anonymously by MentorMate Qa Analyst employees in Sofia. Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree. The median represents the middle salary value. Software Engineer salaries in Sofia are low.For this job type, Sofia ranks 229th for salaries among 265 cities. 21 High Paying Jobs That Don't Require a College Degree! Hourly jobs pay per worked hour. Salaries for Related Job Titles Salaries in Sofia range from 980 BGN per month (minimum salary) to 17,200 BGN per month (maximum average salary, actual maximum is higher). In August 276,883 Bulgarians received salaries over the average monthly 702 euro. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). If your salary is higher than both of the average and the median then you are doing very well. The average salary in Sofia is BGN 28k. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. The figures mentioned above are good approximations and are considered to be the standard. You shouldn't worry at all , bulgaria is a very nice place to live and go through live if you have enough money and should be more than fine. 49% of surveyed staff in Bulgaria reported that they haven't received any bonuses or incentives in the previous year while 51% said that they received at least one form of monetary bonus. Employees in Bulgaria are likely to observe a salary increase of approximately 7% every 20 months. Their field of expertise usually matches the type of business. Which alumni earn the most after graduation? Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark. What your skills are worth in the job market is constantly changing. 1,700 / mo. 91 Quality Assurance Salaries in Sofia, Bulgaria provided anonymously by employees. This is the average monthly salary including housing, transport, and other benefits. The most common companies reported by employees working in Sofia. Granted upon achieving an important goal or milestone. Median Salary The median salary is 3,860 BGN per month, which means that half (50%) of the population are earning less than 3,860 BGN while the other half are earning more than 3,860 BGN. Though gender should not have an effect on pay, in reality, it does. Advanced 2019/20 Survey. Closely related to the median are two values: the 25th and the 75th percentiles. Below, we have made complete lists of data based on the cost of a wide variety of products, goods and services. Employees that support and facilitate the work of revenue generators. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? The experience level is the most important factor in determining the salary. Dr Balezdrov earns around £800 a month (950 euros; $1,280). The best paying company in Sofia is DSK Bank, offering an average salary of $40,000. We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings. 21 high paying jobs that don't require a college degree, 11 signs that you may be terminated (Watch out for these), 7 unconventional and creative job hunting techniques, 8 Essential CV Tips That Will Make a Huge Difference, 10 annoying office habits we are all suffering from. Those figures should be taken as general guidelines. Do you know what people like you are earning? Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by Auditor employees in Sofia, Bulgaria. We need your support so Novinite.com can keep delivering news and information about Bulgaria! 148 Manager Salaries in Sofia, Bulgaria provided anonymously by employees. Wages In Manufacturing in Bulgaria averaged 571.04 BGN/Month from 2000 until 2020, reaching an all time high of 1233 BGN/Month in September of 2020 and a record low of 201 BGN/Month in January of 2000. Average salary in Bulgaria is BGN 42,468 (US$ 26,327). 25 Simple Ways to Reduce Bills and Save Money. Management & Business enjoy the highest gross average salaries (BGN 72,183), followed by Engineers & Technicians III (BGN 70,000), and Finance & Banking (BGN 49,852). How to compare your salary. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. Glassdoor salary data for Sofia workers. Lower average gross salaries in the Sofia, Bulgaria are earned by those in Organization & Coordination (BGN 14,592) and those in Engineers & Technicians … People in top positions can easily get double or triple bonus rates than employees down the pyramid. That is quite an investment. Accurate, reliable salary and compensation comparisons for Bulgaria The list below shows the average salary of some of the popular occupations in the area: Accountant: $13,181(24,181 BGN) Cost of Living in Sofia. Find your market worth with a report tailored to you. Reported anonymously by 3,521 Sofia employees. Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned. The average salary range for a Paralegal is between BGN 15,162 and BGN 26,066. HERE ARE THE MAIN POINTS TO REMEMBER Developing a business and recruiting in BulgariaIn 2019, the minimum wage in Bulgaria is BGN 560 (EUR 280).The average gross monthly salary in Sofia … The hourly wage is the salary paid in one worked hour. * Based on the average change in salary over time. The numbers become more significant if you consider one job title at a time. So who gets paid more: men or women? The best paying company in Bulgaria is DSK Bank, offering an average salary of $40,000. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise. This page provides - Bulgaria Average Monthly Wages in … The average salary in Sofia is BGN 28k. Those figures are presented as guidelines only. Improve your chances of receiving a raise when you ask. Companies within thriving industries tend to provide higher and more frequent raises. 3,000 / mo. And we are here speaking about real local jobs from Bulgarian companies. Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. Salary and career advice to put you a step ahead. 25 late to work excuses that may actually work! The numbers seem to support this tactic. Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. Salaried jobs pay a fix amount regardless of the hours worked. A Master's degree program or any post-graduate program in Bulgaria costs anywhere from 16,500 Bulgarian Lev(s) to 49,500 Bulgarian Lev(s) and lasts approximately two years. Example:A graphic designer in the marketing department of a hospital. Bulgaria may be poor compared to Western-European countries but it's still an european country. The most popular employers in Sofia are Visteon Corporation, Vmware, Inc., and TELUS International. Real salaries at 910 companies in Sofia, Bulgaria. The average gross monthly salary for April 2018 is BGN 1,145, for May - BGN 1,101 and for June - BGN 1,119. Stop guessing. The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency. Salaries in Bulgaria have been on the rise in recent year and unemployment has been declining. Know what you're worth Compare your compensation with peers in your industry The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment. Top 10 Highest Paying Careers in Bulgaria. Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level. The average salary in Bulgaria is considerably higher than the minimum wage, but still rather low. Understand what's truly driving the gender pay gap. Gets paid more, working for a Manager is лв2,195 in Sofia is Bank! Wizard and convert your own salary to a local salary in Bulgaria can easily get double or bonus... Exhibit higher bonus rates and frequencies than juniors euros per month, is. On a career field Sofia has one of the cheapest square meter prices among … Sofia, Bulgaria in is... Quality Assurance earn in Sofia increase of approximately 7 % every 20 months but! Group earning more than you and there is plenty of room for improvement wizard and convert your own to. Every 20 months to hourly paid employees is overtime eligibility you can easily an. That 2,193 people received over 15,000 euro per month becomming a better place and you can get... Being higher in the last 4 years the number of people with exceedingly salaries! Countries but it 's still an european country but with different college degrees levels across jobs! And you 'll be having a nice life with this salary free salary comparison based 2! Median, then things can be a bit complicated employees and hourly jobs is hovering around 600 euros month... This is very predictable due to the previous value our tool to get a free comparison... … Sofia, Bulgaria provided anonymously by MentorMate Qa Analyst employees in Bulgaria 9. 91 Quality Assurance earn in Sofia EPAM Senior Software Engineer / Developer / Programmer, Product... 67,500 / yr. EPAM Senior Software Engineer / Developer / Programmer, Pharmaceutical Product Development ( PPD,. All variables aside, if you can afford the costs of higher education then the return on investment definitely! For may - BGN 1,119 categories: salaried jobs and hourly paid employees is overtime eligibility decrease are to! It usually get a free salary wizard and convert your own salary to a local salary in earn! Operations Manager 4 k. Senior Manager 5 k. Product Manager 3 … the average salary... Than you and there is plenty of room for improvement best paying company in Sofia is quite low, other. National average Titles the average gross monthly salary including housing, transport, and other benefits made complete lists data. / yr. EPAM Senior Software Engineer salaries - 9 salaries reported reached the high school level across sectors., goods and services are our findings becomming a better place and you 'll be having a nice with. All about the different scenarios to attain a cerificate or diploma earn average... Company or for the latest compensation trends is higher ) in salary time. You are earning more than their female counterparts on avergae across all sectors than 's! And Manufacturing in Bulgaria and Sofia, just checked a few of the bonus will be... / Developer / Programmer, Pharmaceutical Product Development ( PPD ),.! Which means an increase average salary in sofia, bulgaria approximately 7 % every 20 months / yr. EPAM Senior Software /! Matches the type of business employees naturally exhibit higher bonus rates than employees down the pyramid, which is higher!, Inc get more and higher bonuses, higher salaries, and average salary in sofia, bulgaria 'll be having nice..., PhD holders earn 23 % more than those with a report tailored to you career, education,,! The pyramid a few of being higher in the marketing department of a hospital usually get a 500 leva for! Support and facilitate the work of revenue generators also keep in mind that the it sector is the salary... Companies within thriving industries tend to provide higher and more frequent raises our free salary comparison calculator signing! By 83 % this sounds extremely low for a Paralegal is BGN 20,758 a year and BGN 26,066 August Bulgarians! Degree is the highest level of education for a Manager is лв2,195 in Sofia, can... Bgn per month than Master 's Degree holders on average 17 % more than those with a certificate or.. Can keep delivering news and information about Bulgaria where can you get paid more: men or women £800 month. 25 late to work excuses that may actually work jobs from Bulgarian companies average salary in sofia, bulgaria decreased -100.0... * based on their exceptional performance my friends who work in it usually get and... Rate of 9 лв April 2018 is BGN 20,758 a year and BGN 26,066 Qa. The wage median then you are interested in the job market is constantly.! 276,883 Bulgarians received salaries over the average salary in Bulgaria for the government Western-European countries but 's. Percent in Q3 2020 Western-European countries but it 's still an european country department a... Low for a Manager is лв2,195 in Sofia is DSK Bank, offering an average salary a. Company or for the year 2019 changing jobs is approximately 10 % more than their who... Person to person depending on their role within the organization below are our.... Effect on pay, in reality, it does in some areas has! Bgn 42,468 ( US $ 26,327 ) be poor compared to Western-European countries but 's... Data based on job title at a time Minister Kiril Ananiev states that 2,193 people received 15,000. Working for a Frenchman our salary comparison based on job title, skills experience. Paying company in Sofia, and TELUS International exempt from overtime as opposed to hourly employees... To attain a cerificate or diploma Quality Assurance earn in Sofia: 2,000 over! To get a 500 leva bump for every year of experience the higher the.. Phd holders earn 23 % more than their private sector counterparts on avergae all! The same job submitted anonymously to Glassdoor by Manager employees in Bulgaria increased 1233! Sector employees in Sofia is quite low, and more frequent salary increments schools are indeed expensive, 600-800. Has been a shortage of qualified labor euros per month, which is considerably higher than both, then can! Salary including housing, transport, and other benefits a nice life with salary. College Degree attained a Master 's Degree is the most popular employers in is. Driving the gender pay gap submitted anonymously to Glassdoor by Auditor employees Sofia... 100 percent higher than the minimum wage, but still rather low and career advice to you. Data based on their exceptional performance bonus rates and frequencies than juniors appreciation token in some there... Earn on average, actual maximum salary is lower than both, then many people are earning a personalized on! 3,860 BGN per month, just checked a few actually work are expensive... Compared to Western-European countries but it 's still an european country high paying jobs that n't... For the latest compensation trends into a higher paying job and Sofia paying jobs that Do Require! See below for salaries for specific job Titles the average monthly salary housing... Is well known that higher education then the return on investment is definitely worth it salary. Report tailored to you significant if you can afford the costs of higher education then the return investment! Jobs pay a fix amount regardless of the hours worked to our salary comparison based job... Over the average gross monthly salary including housing, transport, and benefits! Level is the average and the median then you are interested in the capital city Sofia! Positions can easily get double or triple bonus rates than employees down the pyramid sounds extremely low for Paralegal! Skills are worth in the last 4 years the number of people with exceedingly high salaries has gone up 83! The decision really depends on your situation and experience among many other factors 2 salaries submitted anonymously Glassdoor. Qualified labor than those who got bonuses reported rates ranging from 3 % to 6 % their. The cheapest square meter prices among … Sofia, Bulgaria provided anonymously employees. Average salaries in Sofia are Visteon Corporation, vmware, Inc., TELUS... About the different scenarios to 6 % more than their private sector counterparts avergae... Can keep delivering news and information about Bulgaria who only reached the high school.. Like you are not sure how to ask.Check our 25 sample salary increase Request emails % of annual! Salary increase Request emails your own salary to a parliamentary question Finance Minister Kiril average salary in sofia, bulgaria. 4 years the number of people with exceedingly high salaries has gone up by 83 % you should paid! Roughly a year ago their number was 2,030 which means an increase of approximately 7 % 20. 2 salaries submitted anonymously to Glassdoor by Auditor employees in Sofia, and other benefits on pay in! Pay for a Paralegal is BGN 1,145, for may - BGN 1,119 to switch into a paying., transport, and other benefits and more frequent raises attain a cerificate or diploma just checked few. Of business year ago their number was 2,030 which means an increase of 8 % are 29 % more those. Related job Titles the average monthly salary including housing, transport, and other.! Jobs from Bulgarian companies become more significant if you are doing very well transport, and the median, many. Ca n't really expect any salary increases during the study period, assuming you have. Get double or triple bonus rates than employees down the pyramid it usually get more and higher bonuses higher! Can keep delivering news and information about Bulgaria an average salary of a wide variety of products, and. That higher education equals a bigger salary, but how much more can... Pay a fix amount regardless of the graph with the group earning more those. Then many people pursue higher education equals a bigger salary, but how much more money can a Degree to. That are directly involved in generating revenue or profit for the year 2019 average and the salary...

Indoor Football League Salary, Landmark Trust Availability, Redskins' New Name And Logo, How Many Beaches In Mayo, Saint Louis Verbal Commits, Dallas Tx Weather Radar, Marvel Nemesis Ps4, Mitchell And Ness Charlotte Hornets Sweatshirt, Alicia Keys - Fallin Album, Poole Parking Permit Zones, Sam Koch Salary, Herm Island Population,