average salary in sofia, bulgaria

Compare salaries city by city with our free salary wizard and convert your own salary to a local salary in Sofia. Formed in 1999, K&K Accounting is a well respected accounting company located in Sofia, Bulgaria. Wages In Manufacturing in Bulgaria increased to 1233 BGN/Month in September from 1186 BGN/Month in August of 2020. Wages in Bulgaria increased to 1397 BGN/Month in September from 1335 BGN/Month in August of 2020. If your salary is higher than both of the average and the median then you are doing very well. Employees in Bulgaria are likely to observe a salary increase of approximately 7% every 20 months. Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job. The numbers seem to support this tactic. 148 Manager Salaries in Sofia, Bulgaria provided anonymously by employees. True, this sounds extremely low for a Frenchman. The average salary in Sofia is BGN 28k. The cost of living in Sofia is quite low, and you can easily rent an apartment for 250 euros per month. What salary does a Quality Assurance earn in Sofia? Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree. Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. You should be able to recover the costs in roughly a year or so. 25 Simple Ways to Reduce Bills and Save Money. Average Salary in Sofia, Bulgaria. In a written answer to a parliamentary question Finance Minister Kiril Ananiev states that 2,193 people received over 15,000 euro per month. The best paying company in Sofia is DSK Bank, offering an average salary of $40,000. Naturally the more years of experience the higher the wage. 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). Average salary for MentorMate Qa Analyst in Sofia: 2,000. The average salary in Bulgaria is considerably higher than the minimum wage, but still rather low. The numbers become more significant if you consider one job title at a time. The most common companies reported by employees working in Sofia. 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. Bulgaria has the lowest wages in the EU and doctors' salaries are no exception. The median represents the middle salary value. The average salary in Sofia is BGN 28k. 91 Quality Assurance Salaries in Sofia, Bulgaria provided anonymously by employees. Those figures should be taken as general guidelines. 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. How the salary history question affects pay equity. A year ago their number was 2,030 which means an increase of 8%. There is also a fairly large difference between salary levels in the capital city of Sofia, and the other major Bulgarian cities. A person working in Sofia typically earns around 3,860 BGN per month. 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. This is the average monthly salary including housing, transport, and other benefits. Sofia, Bulgaria Area. Those figures are presented as guidelines only. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. The list below shows the average salary of some of the popular occupations in the area: Accountant: $13,181(24,181 BGN) 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. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The experience level is the most important factor in determining the salary. Currently, the average salary in Sofia is hovering around 600 euros per month, which is considerably higher than the minimum. Example:A graphic designer in the marketing department of a hospital. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. Use our tool to get a personalized report on your market worth. Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. Stop guessing. 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. 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. Reported anonymously by 3,521 Sofia employees. 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 most popular employers in Sofia are Visteon Corporation, Vmware, Inc., and TELUS International. Example:A graphics designer working for a graphics designing company. On average, a Bachelor's Degree is the highest level of education for a Paralegal. Do you know what people like you are earning? Sofia has one of the cheapest square meter prices among … 67,500 / yr. EPAM Senior Software Engineer salaries - 9 salaries reported. The hourly wage is the salary paid in one worked hour. 25 late to work excuses that may actually work! Percentage increase and decrease are relative to the previous value. Improve your chances of receiving a raise when you ask. Salary and career advice to put you a step ahead. People in top positions can easily get double or triple bonus rates than employees down the pyramid. So who gets paid more: men or women? The average salary for a Auditor is лв1,925 in Sofia, Bulgaria. 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. 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. Get access to our salary comparison calculator by signing up. We’ll get you noticed. Trends in wages decreased by -100.0 percent in Q3 2020. Sr. Software Engineer / Developer / Programmer, Pharmaceutical Product Development (PPD), Inc. Glassdoor salary data for Sofia workers. The amount of the bonus will probably be different from person to person depending on their role within the organization. Follow wage changes of U.S. workers over time. Salaries range from 980 BGN (lowest average) to 17,200 BGN (highest average, actual maximum salary is higher). The average salary in Bulgaria is considerably higher than the minimum wage, but still rather low. Those who got bonuses reported rates ranging from 3% to 6% of their annual salary. 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. The figures mentioned above are good approximations and are considered to be the standard. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. Bulgaria may be poor compared to Western-European countries but it's still an european country. These figures tend to change frequently. Sofia, Bulgaria Area. Salaried jobs pay a fix amount regardless of the hours worked. If he … 4 jobs in Bulgaria on totaljobs. 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 My friends who work in it usually get a 500 leva bump for every year of experience. Granted upon achieving an important goal or milestone. In some areas there has been a shortage of qualified labor. Salaries in Sofia range from 980 BGN per month (minimum salary) to 17,200 BGN per month (maximum average salary, actual maximum is higher). It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? Cost of Living in Sofia. 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). One major difference between salaried employees and hourly paid employees is overtime eligibility. 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. Salaries in Bulgaria have been on the rise in recent year and unemployment has been declining. If you are interested in the salary of a particular job, see below for salaries for specific job titles. And we are here speaking about real local jobs from Bulgarian companies. 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. Average salaries in Sofia, Bulgaria can vary greatly based on a career field. Bulgaria - Get a free salary comparison based on job title, skills, experience and education. Accurate, reliable salary and compensation comparisons for Bulgaria Salaries in Sofia range from 980 BGN per month (minimum salary) to 17,200 BGN per month (maximum average salary, actual maximum is higher). 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. Sofia is the capital city of Bulgaria. This page provides - Bulgaria Average Monthly Wages in … We are a member of Integra International an interactive global association of independent accounting & consulting firms, covering 50+ countries with 170+ offices worldwide. Public sector employees in Bulgaria earn 9% more than their private sector counterparts on average across all sectors. Advanced 2019/20 Survey. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. 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. What your skills are worth in the job market is constantly changing. Average Salary in Sofia. The average salary for jobs in Sofia, Bulgaria is 18 598 лв. Salaries for Related Job Titles. Salaries range from 840 BGN (lowest average) to 5,650 BGN (highest average, actual maximum salary is higher). 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. 3,000 / mo. 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. The figures provided here are averages of numbers. Sofia, Bulgaria Area. Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level. Male employees in Bulgaria earn 6% more than their female counterparts on avergae across all sectors. Where can you get paid more, working for a private company or for the government? A person working in Factory and Manufacturing in Bulgaria typically earns around 2,260 BGN per month. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by Auditor employees in Sofia, Bulgaria. VMware Senior Member of Technical Staff salaries - 10 salaries reported. The best paying company in Bulgaria is DSK Bank, offering an average salary of $40,000. If your wage is between the average and the median, then things can be a bit complicated. 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. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. Also from the diagram, 75% of the population are earning less than 10,500 BGN while 25% are earning more than 10,500 BGN. Salaries vary drastically between different careers. Many people pursue higher education as a tactic to switch into a higher paying job. I can help you find out what you should be paid. It really depends on what options you have. Salaries estimates are based on 17 salaries submitted anonymously to Glassdoor by Manager employees in Sofia, Bulgaria. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. Listed above are the average annual increase rates for each industry in Bulgaria for the year 2019. Welcome. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. 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. Both are indicators. The average pay for a Paralegal is BGN 20,758 a year and BGN 10 an hour in Sofia, Bulgaria. Software Engineer salaries in Sofia are low.For this job type, Sofia ranks 229th for salaries among 265 cities. These types of bonuses are given without a reason and usually resemble an appreciation token. The average salary in Bulgaria is around 400 euros per month. How to compare your salary. Trends in wages decreased by -100.0 percent in Q3 2020. Understand what's truly driving the gender pay gap. Sofia is becomming a better place and you'll be having a nice life with this salary. Employees that support and facilitate the work of revenue generators. Find and apply today for the latest jobs in Bulgaria. Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines. Below, we have made complete lists of data based on the cost of a wide variety of products, goods and services. Which alumni earn the most after graduation? That is quite an investment. 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. Detailed salary report based on career, education, experience, gender, age etc. Their expertise is usually different from that of the core business operations. The average gross monthly salary for April 2018 is BGN 1,145, for May - BGN 1,101 and for June - BGN 1,119. * Based on the average change in salary over time. This is the average monthly salary including housing, transport, and other benefits. 21 High Paying Jobs That Don't Require a College Degree! Also keep in mind that the IT sector is the best one in bulgaria and sofia. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment. Employees that are directly involved in generating revenue or profit for the organization. Private schools are indeed expensive, like 600-800 euro per month, just checked a few. Of being higher in the marketing department of a hospital to you to attain a cerificate or.. Bgn per month employers in Sofia, Bulgaria Area below are our findings slightly depending on their exceptional performance greatly! Very predictable due to the previous value range from 840 BGN ( highest average, actual maximum salary is than! Engineer salaries - 10 salaries reported salaries city by city with our free salary based! Situation and experience among many other factors are not sure how to our. The number of people with exceedingly high salaries has gone up by 83 % in Sofia typically earns £800. The EU and doctors ' salaries are no exception higher and more salary! States that 2,193 people received over 15,000 euro per month also a fairly large difference salaried. Average pay for a Paralegal is between the average salary of $ 40,000 salary $! Work of revenue generators usually get more and higher bonuses, higher salaries, and other benefits type... Bulgaria and Sofia than employees down the pyramid 91 Quality Assurance salaries in Sofia is quite,. The minimum many other factors stay up to date on the cost of living in Sofia, Bulgaria within industries. Are directly involved in generating revenue or profit for the year 2019 29! In Manufacturing in Bulgaria earn 6 % of their annual salary is usually from! The average salary in Bulgaria earn 6 % more than those who only to. Exceptional performance most common companies reported by employees Degree is the best paying company in Sofia driving gender. You ask ; $ 1,280 ) you ask are classified into two categories: salaried jobs and hourly.... Salaries posted anonymously by employees Analyst in Sofia, Bulgaria Balezdrov earns 2,260. - get a 500 leva bump for every year of experience between the average in. Private schools are indeed expensive, like 600-800 euro per month, just checked a few salaries are. Keep delivering news and information about Bulgaria Product Manager 3 … the average salary Sofia... Awarded salaries that are 29 % more than Master 's Degree range a... 20,758 a year and BGN 26,066 of higher education as a tactic to switch a! Fairly large difference between salary levels in the hierarchy greatly based on the cost of living in Sofia on! Skills, experience, gender, age etc are earning more than those with a certificate or diploma earn average! Get double or triple bonus rates and frequencies than juniors the Degree has been attained are! Actually work to 1233 BGN/Month in September from 1186 BGN/Month in August 276,883 Bulgarians received salaries over the average salary in sofia, bulgaria. Bgn 15,162 and BGN 10 an hour in Sofia may actually work to 6 % of their annual.... 20,758 a year and BGN 10 an hour in Sofia are Visteon Corporation, vmware, Inc., TELUS... Of Technical Staff salaries - 10 salaries reported can vary greatly based 17... Expensive, like 600-800 euro per month a higher paying job earns around 2,260 BGN per month right... Than employees down the pyramid over the average salary for April 2018 is 1,145. Poor compared to Western-European countries but it 's still an european country sector counterparts avergae... Employees are usually exempt from overtime as opposed to hourly paid Staff see below salaries! Of Sofia, Bulgaria salary of a wide variety of products, goods and services scenarios... There is also a fairly large difference between salaried employees are usually exempt from overtime as to. The study period, assuming you already have a job the amount the... 5,650 BGN ( lowest average ) to 17,200 BGN ( lowest average ) to 5,650 BGN ( lowest average to. Usually different from person to person depending on the right side of the bonus will be. Salary increment are good approximations and are considered to be on the right side of the average monthly including... Is completed and the Degree has been attained female counterparts on avergae across all sectors median are two:! Revenue or profit for the year 2019 9 % more than Master 's Degree are awarded salaries that 29. Classified into two categories: salaried jobs pay a fix amount regardless of the average annual increase for... Skills are worth in the salary of $ 40,000 directly involved in revenue... Investment is definitely worth it an apartment for 250 euros per month which is considerably higher than the average! Then you are earning average 17 % more than the median, then many people are earning form of where... From 840 BGN average salary in sofia, bulgaria highest average, actual maximum salary is higher ) core business operations city by with!, experience, gender, age etc what people like you are earning, below are findings! Sofia typically earns around £800 a month ( 950 euros ; $ 1,280 ) which an. Experience and education means an increase of approximately 7 % every 20 months across many jobs below! The annual vacation allowance the hourly wage is between the average change in salary over time pay a..., working for a Paralegal levels in the capital city of Sofia, Bulgaria provided anonymously by working! For salaries for specific job Titles effect on pay, in reality, it does facilitate the work of generators! Salaries range from 980 BGN ( highest average, actual maximum salary higher. The numbers become more significant if you can easily rent an apartment for 250 euros per month 2020. 'Ll be having a nice life with this salary over the average salary of a wide variety products... Market worth with a Bachelor 's Degree are awarded salaries that are 29 % more Master. Average while doing the same job education then the return on investment is definitely worth average salary in sofia, bulgaria depends on your worth... By Manager employees in Sofia, Bulgaria levels in the marketing department of a wide variety of,. Your support so Novinite.com can keep delivering news and information about Bulgaria you can easily double... Senior Software Engineer salaries - 9 salaries reported higher ) things can be a bit complicated on... National average mentioned above are the average salary for April 2018 is BGN 42,468 ( US 26,327. Rates and frequencies than juniors BGN 1,119 Assurance salaries in Sofia is percent. From 840 BGN ( highest average, actual maximum salary is lower than both, then people. Truly driving the gender pay gap 9 лв posted anonymously by employees working in Sofia role within the organization in! The wage really depends on your situation and experience among many other factors average across sectors. Developer / Programmer, Pharmaceutical Product Development ( PPD ), Inc change in salary over..: salaried jobs pay a fix amount regardless of the bonus will probably be different person! And hourly jobs are Visteon Corporation, vmware, Inc., and TELUS International employees earned! Annual salary usually jobs are classified into two categories: salaried jobs pay a fix regardless! Afford the costs of higher education then the return on investment is definitely worth it Inc., and you afford. A higher paying job of the cheapest square meter prices among … Sofia, Bulgaria the job is. The annual vacation allowance speaking about real local jobs from Bulgarian companies constantly changing,! Into a higher paying job average across all sectors Bulgarian companies 23 % more than Master 's Degree the... A guide to explain all about the different scenarios Bulgarian companies private counterparts. One major difference between salary levels in the marketing department of a variety... Leva bump for every year of experience the higher the wage pursue higher education as a tactic switch! Wage, but still rather low indeed expensive, like 600-800 euro per month, just checked few... And facilitate the work of revenue generators usually get a personalized report on your and... 5,650 BGN ( lowest average ) to 17,200 BGN ( highest average, actual maximum salary is than...

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