Poland’s corporate sector wages increased by 10.2% year-on-year to PLN 8,316.57 in October 2024, following a 10.3% growth in the previous month and beating market expectations of a 10.1% rise. On a monthly basis, wages rose by 2.2%, attributed to the payment of bonuses and awards, including incentive, quarterly and service anniversary ones, and overtime pays. On a year-to-date basis, corporate sector wages grew by 11.3%. source: Central Statistical Office of Poland (GUS)

Wages in Poland increased 10.20 percent in October of 2024 over the same month in the previous year. Wage Growth in Poland averaged 6.47 percent from 2006 until 2024, reaching an all time high of 15.80 percent in July 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 November of 2024.

Wages in Poland increased 10.20 percent in October of 2024 over the same month in the previous year. Wage Growth in Poland is expected to be 9.80 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 7.40 percent in 2025 and 6.50 percent in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-10-21 08:00 AM
Corporate Sector Wages YoY
Sep 10.3% 11.1% 11.1% 11.0%
2024-11-25 09:00 AM
Corporate Sector Wages YoY
Oct 10.2% 10.3% 10.1% 9.0%
2024-12-19 09:00 AM
Corporate Sector Wages YoY
Nov 10.2%


Related Last Previous Unit Reference
Employed Persons 17277.00 17205.00 Thousand Sep 2024
Employment Growth YoY -0.50 -0.50 percent Oct 2024
Job Vacancies 55.60 60.90 Thousand Oct 2024
Labor Force Participation Rate 58.30 58.50 percent Jun 2024
Unemployed Persons 765.50 769.60 Thousand Oct 2024
Unemployment Rate 4.90 5.00 percent Oct 2024
Corporate Sector Wages YoY 10.20 10.30 percent Oct 2024
Wages 8161.62 8038.41 PLN/Month Sep 2024
Wages in Manufacturing 7856.16 7724.56 PLN/Month Oct 2024

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
10.20 10.30 15.80 0.38 2006 - 2024 percent Monthly
NSA


News Stream
Poland Corporate Wages Rise 10.2% in October
Poland’s corporate sector wages increased by 10.2% year-on-year to PLN 8,316.57 in October 2024, following a 10.3% growth in the previous month and beating market expectations of a 10.1% rise. On a monthly basis, wages rose by 2.2%, attributed to the payment of bonuses and awards, including incentive, quarterly and service anniversary ones, and overtime pays. On a year-to-date basis, corporate sector wages grew by 11.3%
2024-11-25
Poland Corporate Wage Growth Below Estimates
Poland’s corporate sector wages increased by 10.3% year-on-year to PLN 8,140.98 in September 2024, below market estimates and August’s 11.1% growth. On a monthly basis, wages fell by 0.6%, mainly due to a decrease in payments from the previous month, which included bonuses, incentives, quarterly and semi-annual awards, service anniversary awards, and retirement severance pay. On a year-to-date basis, corporate sector wages were 11.4% higher compared to the same period last year.
2024-10-21
Poland Corporate Wage Growth Exceeds Forecasts
Poland's corporate sector wages increased by 11.1% year-on-year to PLN 8,189.74 in August 2024, surpassing market forecasts of a 10.8% growth and following a 10.6% rise in the previous month. On a monthly basis, wages fell by 1.1% in August, primarily due to a reduction in the scale of payments that took place in the previous month, which included bonuses and awards, such as incentives, quarterly and semi-annual ones, service anniversary awards, and retirement severance pay.
2024-09-19