Romanian managers make 30,000 euros/year

The average annual salary made by managers in Romania stands at 30,000 euros, putting it close to the bottom of a ranking devised by Mercer Human Resource Consulting, which compares how much executives in Western and Eastern Europe are making. Eastern European executives earn just 35,000 euros on average, less than half of the 82,000 euros their Western European counterparts make. Highest levels of pay are registered in Switzerland, where the people who run companies earn 138,000 euros on average, while the managers in Austria and Denmark get about 95,000 euros. At the bottom end of the ranking, Romanian managers make 30,000 euros and their Bulgarian counterparts earn 24,000 euros on average. “Managers in Eastern Europe generally make much less than those in the West and pay higher taxes. Yet economies in the East are growing faster, so that incomes might double compared with Western countries,” stated Carlos Mestre, Mercer partner. ZF