Salaries estimates are based on 3 salaries submitted anonymously to Glassdoor by Audit Manager employees in Sofia, Bulgaria. Example:A graphics designer working for a graphics designing company. Currently, the average salary in Sofia is hovering around 600 euros per month, which is considerably higher than the minimum. 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. A person working in Sofia typically earns around 3,860 BGN per month. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. So who gets paid more: men or women? Get access to our salary comparison calculator by signing up. Nevertheless, according to the latest Annual report of the Economic Research Institute at the Bulgarian Academy of Sciences, the average salary in Bulgaria is a quarter (1/4) of the average salary in the European Union, and should be two times higher when the labour productivity is calculated in the formula. A person working in Bulgaria typically earns around 3,300 BGN per month. Salaries estimates are based on 9 salaries submitted anonymously to Glassdoor by Engineer employees in Sofia, Bulgaria. Bulgaria - Get a free salary comparison based on job title, skills, experience and education. Salaries range from 840 BGN (lowest average) to 14,700 BGN (highest average, actual maximum salary is higher). Also from the diagram, 75% of the population are earning less than 10,500 BGN while 25% are earning more than 10,500 BGN. Inflows and outflows - number of employees hired and dismissed during the reference year. The hourly wage is the salary paid in one worked hour. It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? List of prices in Sofia (Bulgaria) for food, housing, transportation, going out, and more on Feb 2021. The average annual wages and salaries are calculated through dividing the total amount of wages and salaries costs accrued during the reference year by the average annual number of employees under labour contract excluding those on maternity leave. 15 Programmer Analyst Salaries in Sofia, Bulgaria provided anonymously by employees. Bulgaria may be poor compared to Western-European countries but it's still an european country. What salary does a Operations Manager earn in Sofia? The average pay for a Paralegal is BGN 20,751 a year and BGN 10 an hour in Sofia, Bulgaria. Granted upon achieving an important goal or milestone. or an equivalent hourly rate of 25 лв.. The average monthly salary for employees, employed in an average position, in the private sector in Sofia will be about 650 leva in 2008. The average salary range for a Paralegal is between BGN 15,156 and BGN 26,057. The average salary in Sofia is BGN 28k. The most standard form of bonus where the employee is awarded based on their exceptional performance. and those in Engineers & Technicians IV positions (BGN 16,000). One major difference between salaried employees and hourly paid employees is overtime eligibility. Closely related to the median are two values: the 25th and the 75th percentiles. The numbers seem to support this tactic. How to compare your salary. We wrote a guide to explain all about the different scenarios. It really depends on what options you have. Companies within thriving industries tend to provide higher and more frequent raises. Time to read the page 30 min. Trends in wages decreased by -100.0 percent in Q4 2020. Male employees in Bulgaria earn 6% more than their female counterparts on avergae across all sectors. Actually, very good. Salaries for Related Job Titles This is the average monthly salary including housing, transport, and other benefits. 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. while Financial Analyst earn BGN 24,737. Average Salary in Sofia, Bulgaria. Salaries range from 980 BGN (lowest average) to 17,200 BGN (highest average, actual maximum salary is higher). The amount of the bonus will probably be different from person to person depending on their role within the organization. 14 salaries for 8 jobs at DEGIRO in Sofia, Bulgaria Area. (Archive photo: Interior Ministry press centre) Please support The Sofia Globe through our Patreon page. Compare the Cost of Living in Sofia with any other city in the world. Though gender should not have an effect on pay, in reality, it does. 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. Wages In Manufacturing in Bulgaria increased to 1233 BGN/Month in September from 1186 BGN/Month in August of 2020. What salary does a Junior Java Developer earn in Sofia? Visit PayScale to research java developer salaries by city, experience, skill, employer and more. Compare salaries city by city with our free salary wizard and convert your own salary to a local salary in Sofia. 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. The average salary in Sofia is 18 598 лв. The decision really depends on your situation and experience among many other factors. The accommodation and food sector had the lowest salaries in Q1 2020, at 737 leva a month, the NSI said. 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. Time to read the page 30 min. If you are interested in the salary of a particular job, see below for salaries for specific job titles. Those figures should be taken as general guidelines. Salaried jobs pay a fix amount regardless of the hours worked. You should be able to recover the costs in roughly a year or so. Salaries range from 980 BGN (lowest average) to 17,200 BGN (highest average, actual maximum salary is higher). Example:A graphic designer in the marketing department of a hospital. Both are indicators. In addition, they earn an average bonus of 1 837 лв.. Employees in Bulgaria are likely to observe a salary increase of approximately 7% every 20 months. Employees that support and facilitate the work of revenue generators. Reported anonymously by 3,840 Sofia employees. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. ... Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the … This is very predictable due to the inherent responsibilities of being higher in the hierarchy. In the fourth quarter of 2020, the average monthly salary in Bulgaria reached 735 euros and marked a rise of 4.7% compared to the previous quarter, data by the National Statistical Institute show. Many people pursue higher education as a tactic to switch into a higher paying job. Real salaries at 978 companies in Sofia, Bulgaria. Get personal salary report based on your exact career. Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. Salaries range from 840 BGN (lowest average) to 14,700 BGN (highest average, actual maximum salary is higher).. This is 16% higher (+7 204 лв.) Their field of expertise usually matches the type of business. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. Hourly jobs pay per worked hour. The average salary for a Manager is лв2,195 in Sofia, Bulgaria. Salaries for Related Job Titles If your salary is higher than both of the average and the median then you are doing very well. The average salary for a Audit Manager is лв2,500 in Sofia, Bulgaria. Those figures are presented as guidelines only. The average salary in Bulgaria is considerably higher than the minimum wage, but still rather low. and Finance & Banking (BGN 53,050). While Workers with Doctorate Degree education earn the least, with an average gross income of BGN 32,383. The experience level is the most important factor in determining the salary. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. Glassdoor salary data for Sofia workers. Finance Manager and Director follow, Their expertise is usually different from that of the core business operations. So, 2200 Euro net salary is considered good. Salaries estimates are based on 13 salaries submitted anonymously to Glassdoor by Project Manager employees in Sofia, Bulgaria. The numbers become more significant if you consider one job title at a time. Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The cost of living in Sofia is 100 percent higher than the national average. Salaries vary … If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. Accurate, reliable salary and compensation comparisons for Bulgaria Compare salaries city by city with our free salary wizard and convert your own salary to a local salary in Sofia. 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. Bulgaria may be poor compared to Western-European countries but it's still an european country. Job Salaries in Sofia, Bulgaria Choose a job title below to drill down on how much the position pays in Sofia, Bulgaria. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. Architect earn a gross annual average of BGN 18,400, The average salary in Bulgaria is EUR 400. Public sector employees in Bulgaria earn 9% more than their private sector counterparts on average across all sectors. annually or an equivalent hourly rate of 9 лв.. View more salary information. The difference between workers with A person working in Sofia typically earns around 3,860 BGN per month. 17 Operations Manager Salaries in Sofia, Bulgaria provided anonymously by employees. Get access to our salary comparison calculator by signing up. Average salary in Sofia is Salaries in Sofia range from 980 BGN per month (minimum salary) to 17,200 BGN per month (maximum average salary, actual maximum is higher). We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings. However, the average monthly wages paid in Bulgaria’s capital Sofia amount to EUR 550, whereas the average remuneration in the city of Vidin (Northwestern Bulgaria) is to the tune of EUR 280 only. Lower average gross salaries in the Sofia, Bulgaria are earned by those followed by Engineers & Technicians III (BGN 70,000), Salary variations differ from person to person. According to some unofficial data the average monthly salary for the total banking sector in November 2000 amounted to BGL669. 55 Junior Java Developer Salaries in Sofia, Bulgaria provided anonymously by employees. Average salaries in Sofia, Bulgaria can vary greatly based on a career field. People in top positions can easily get double or triple bonus rates than employees down the pyramid. We are a member of Integra International an interactive global association of independent accounting & consulting firms, covering 50+ countries with 170+ offices worldwide. Those who got bonuses reported rates ranging from 3% to 6% of their annual salary. These figures tend to change frequently. This is the average monthly salary including housing, transport, and other benefits. It really depends on what options you have. If your wage is between the average and the median, then things can be a bit complicated. Salaries vary drastically between different careers. Wages in Bulgaria increased to 1397 BGN/Month in September from 1335 BGN/Month in August of 2020. Bulgaria has one of the lowest minimum salaries in Europe, and currently the lowest in the European Union. 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). The figures mentioned above are good approximations and are considered to be the standard. Workers in Sofia, Bulgaria with more years of work experience Salaries posted anonymously by DEGIRO employees in Sofia, Bulgaria Area. You can't really expect any salary increases during the study period, assuming you already have a job. Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level. With an earned Masters Degree, they grosses BGN 47,329. In Sofia, Bulgaria economy, CEO is on the top list of highest earners, This page provides - Bulgaria Average Monthly Wages in … IT … Average salary in Sofia is BGN 45,262. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment. What salary does a Programmer Analyst earn in Sofia? 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. The average salary for a Project Manager is лв42,000 in Sofia, Bulgaria. Real salaries at 1,123 companies in Sofia, Bulgaria. 37 HR Salaries in Sofia, Bulgaria provided anonymously by employees. What percentage of people earn more or less than you do? 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. for their counterparts with 0-1 Year of experience. a gross average of BGN 79,591 compared to BGN 25,064 The Average Salary in Bulgaria is 1135 Leva. This is 50.93% lower of what Masters Degree degree holders earn. Wages in Bulgaria increased to 1397 BGN/Month in September from 1335 BGN/Month in August of 2020. The spheres with the largest rise are "Education" - 13.7%, "Healthcare and social work" - 11.6% and "Financial and insurance activities" - 6.8 percent. Software Engineer salaries in Sofia are low.For this job type, Sofia ranks 229th for salaries among 265 cities. Compared to the rest of Europe, it’s a great value. A person working in Bulgaria typically earns around 3,300 BGN per month. Formed in 1999, K&K Accounting is a well respected accounting company located in Sofia, Bulgaria. Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree. 21 High Paying Jobs That Don't Require a College Degree! Workers with 16-20 Years of experience earn Naturally the more years of experience the higher the wage. The average gross monthly salary for July 2018 is 1120 BGN, for August - 1095 BGN, and for September - 1135 BGN. DEGIRO Salaries trends. Workers holding Masters Degree degrees enjoy the highest average gross salaries in 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. These types of bonuses are given without a reason and usually resemble an appreciation token. Employees that are directly involved in generating revenue or profit for the organization. Salaries for Related Job Titles. The average salary for jobs in Sofia, Bulgaria is 18 598 лв. careers is 1054.97%. Salaries vary … The difference between the most paid and the lowest paid fields is 389.87%. The average mechanical engineer gross salary in Sofia, Bulgaria is 52 624 лв. The most typical salary is BGN 24,467 (Gross). The average and minimum salary in Sofia, Bulgaria are useful data for those considering landing a job or opening a business in the country.Bulgaria is a full European Union member, and has many advantages, such as having one of the lowest tax burdens in the old continent. The most typical salary is BGN 24,658 (Gross). 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. That is quite an investment. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. Adding the social security expenses, the amount grows to BGL876 per employee. The average salary for a Engineer is лв2,000 in Sofia, Bulgaria. Average salary in Bulgaria is BGN 42,860. Listed above are the average annual increase rates for each industry in Bulgaria for the year 2020. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Sofia, Bulgaria. in Organization & Coordination (BGN 14,592) This is the average monthly salary including housing, transport, and other benefits. Average take home earning is BGN 36,937 (Net). than the average mechanical engineer salary in Bulgaria. business_center. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. 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. GENERAL SALARY LEVELS IN BULGARIA: DESCRIPTION: COST: Average salary for Bulgaria : 250 Euros: Minimal salary by law: 75 Euros: Total contributions paid by the employer, including health care, unemployment and social security contributions. People tend to confuse bonuses with commissions. Average Salary in Sofia, Bulgaria. Well, by official statistics the average salary for Sofia is about 1720 BGN, which by the fixed course BGN to EUR (1.95583) makes ~880 EUR. Glassdoor salary data for Sofia workers. This is the average monthly salary including housing, transport, and other benefits. Salaries for Related Job Titles The most typical salary is BGN 24,658 (Gross). Where can you get paid more, working for a private company or for the government? (BGN) per year or an hourly rate of 9 лв. Copyright © 2011 - 2021 averagesalarysurvey.com, All rights reserved. Percentage increase and decrease are relative to the previous value. The accommodation and food sector had the lowest salaries in Q1 2020, at 737 leva a month, the NSI said. The gap between the lowest and the highest paid Software Engineer salaries in Sofia are low.For this job type, Sofia ranks 229th for salaries among 265 cities. Sofia is becomming a better place and you'll be having a nice life with this salary. Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines. Average take home earning is BGN 36,937 (Net). The average and minimum salary in Sofia, Bulgaria are interesting data to analyze the economy of this European Union country. (BGN). So is Bulgaria cheap if you’re looking for a bargain place to live? Private schools are indeed expensive, like 600-800 euro per month, just checked a few. Reported anonymously by 4,398 Sofia employees. * Based on the average change in salary over time. In Varna for the same position, an employee will receive 600 leva and in Plovdiv and Bourgas around 500, according to an Industry Watch … Salaries estimates are based on 17 salaries submitted anonymously to Glassdoor by Manager employees in Sofia, Bulgaria. Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 ), 6 simple ways for anyone to earn extra income, 10 job hunting mistakes everyone is making, 10 annoying office habits we are all suffering from, 10 salary negotiation tips everyone should know, 12 careers for people who like to work alone, 13 deadly interview mistakes that can cost you the job, How to write the perfect resume (complete guide), 25 salary increase request email templates with proven results. The average salary for a Java Developer in Bulgaria is BGN 30,876. For the rest of The Sofia Globe’s continuing coverage of the Covid-19 situation in Bulgaria, please click here. outperform their counterparts with less experience. Management & Business enjoy the highest gross average salaries (BGN 72,183), The figures provided here are averages of numbers. The Ziraat Bank Sofia branch is the first ranking in the unofficial classification according to the average salary in the end of November 2000. In most cases, a salary review is conducted once education is completed and the degree has been attained. In March 2020, the average salary in the IT sector was 3236 leva a month, followed by the finance and insurance sector at 2031 leva a month and the “electricity, gas, steam and air conditioning supply” category at 2031 leva a month. earning BGN 95,912 and BGN 88,142, respectively. 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. On average, a Bachelor's Degree is the highest level of education for a Paralegal. Private schools are indeed expensive, like 600-800 euro per month, just checked a few. Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job. The median represents the middle salary value. 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. Usually jobs are classified into two categories: salaried jobs and hourly jobs. The meager wages chase people away from the poor regions. Salaries vary drastically between different careers. earning an average gross salary of BGN 212,666. Top 10 Highest Paying Careers in Bulgaria. You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails, 25 Simple Ways to Reduce Bills and Save Money. Sofia, Bulgaria. 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. An entry level call centre agent (1-3 years of experience) earns an average salary of 8 772 лв.. On the other end, a senior level call centre agent (8+ years of experience) earns an average salary of 13 653 лв.. BGN 45,262. In the fourth quarter of 2020, the average monthly salary in Bulgaria reached 735 euros and marked a rise of 4.7% compared to the previous quarter, data by the National Statistical Institute show. What salary does a HR earn in Sofia? 16-20 Years of experience and 0-1 Year is 185.78%. Average take home earning is BGN 34,881 (Net). Salaries In Bulgaria And The Hardest Skills To Find in 2018 by Daniel Montiglio In times when the unemployment in Bulgaria remains relatively low, and at the same moment there is a shortage of qualified staff in Bulgaria. Going back to that 500 euros per month average salary, imagine how you look in comparison if you’re getting two social security checks for $1,200 each. The spheres with the largest rise are "Education" - 13.7%, "Healthcare and social work" - 11.6% and "Financial and insurance activities" - 6.8 percent. Compare Salaries By Location > Europe > Bulgaria > Sofia Salaries Average salary in Sofia. Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma. Sofia is becomming a better place and you'll be having a nice life with this salary.