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What are the average salaries in Sweden ?

Posted by | August 31, 2017 | Mobility

Average salaries in Sweden are not so high as someone would expect, having in mind cost of living. In comparison to other European countries and United Stated, there is a more even distribution of average income between industries and occupations. Therefore there are no big discrepancies between salaries of medical doctors and programmers for example.

Wages_in_Sweden

Swedish Statistics office (SCB) monitors average salaries in Sweden, and here is the list of average salaries by the branch of industry in Sweden in 2017, recalculated to EUR and USD values.

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What are the average salaries in Belgium ?

Posted by | August 29, 2017 | Mobility, News

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How much do Belgians earn on average? Which professions earn the highest wages and which sectors pay the most? How do age and degree influence the paycheck?

These are all the question someone considering to move to Belgium ask himself. According to the latest survey produced by the Belgium statistics office , these are the response: full-time employees receives a gross average salary of 3,300 euros per month. Apart from the gross average salary, survey has idenfied following findings:

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What are the average salaries in the Netherlands ?

Posted by | August 25, 2017 | Mobility

Comparing to other European economies workers in the Netherlands are well paid with high average salaries. Logically salaries correspond to the experience and profession of the employees. Bear in mind that average salaries written below are just for an indicative purposes and doesn’t necessary mean that salary you receive will be in that amount.

 

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Average salaries in the Netherlands by age groups

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Employment rate in Holland hits the record in 2017

Posted by | August 25, 2017 | Mobility

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According to data provided by Statistics Netherlands (CBS) the second quarter of 2017 saw yet another increase in the number of jobs, the biggest increase on a yearly basis since 2008.

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Number of employees in Holland

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Employment has reached another all-time high – but pay rises are still being outstripped by inflation. The number of people in work went up by by 125,000 to 32.07 million in the three months to June, with the employment rate hitting a record 75.1 per cent.

The number of EU citizens in the workforce also reached a new high, despite fears that the referendum result could have triggered an exodus.  Pay growth picked up pace slightly, easing the pressure on cash-strapped households.

UK_Employment

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Frankfurt and Dublin to benefit the most of Brexit

Posted by | August 21, 2017 | News

Frankfurt and Dublin are emerging as the winners of the race race to snap up the post-Brexit banking spoils, a board member of Germany’s Bundesbank has said.
Bundesbank board member Andreas Dombret has told Germany’s Der Spiegelmagazine that 20 big financial institutions are in negotiations to shift their operations to the banks of the river Main in Frankfurt.

“We are in the decisive phase of location decisions … and it is clear that Dublin and Frankfurt are profiting particularly,” said Mr Dombret. “Above all, the big American banks are concentrating themselves on these two cities.”

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According to Mr Dombret, responsible for banking regulation, the British-based institutions are looking for more than just a German banking licence to continue trading inside the EU. They are anxious to shift entire brokerage, investment banking and traders operations.

Morgan Stanley and Goldman Sachs are among the biggest operators in these areas.

For the Bundesbank, the price for a banking licence in Germany will be adherence to German and European banking rules and a serious, sustainable presence in Frankfurt – not a brass plate operation – Mr Dombret said.

“We are demanding from the institutions that they build up qualified personnel for all core areas: management, risk management, compliance, anti-money laundering and finance departments as well as critical IT functions. And that has been agreed.”

The Bundesbank and state government of Hesse have lobbied hard for Frankfurt, citing proximity to the European Central Bank and the euro system’s largest member bank. In addition, they point to high standards of living in the central Main river region, strong infrastructure and good schools.

One of the first institutions to up-sticks is likely to be Deutsche Bank, which is expected move to Frankfurt several thousand of its 9,000 employees in London in its clearing, risk control, legal and reporting departments.

Morgan Stanley is doubling its Frankfurt presence, as is Goldman Sachs.

A year after the Brexit vote, most German banking analysts say it is clear that there will be no one big winner from the shift away from London.

Head-count boost

Germany’s banking association expects between 3,000 and 5,000 jobs to be shifted to Frankfurt in the coming two years. At least a dozen banks in Frankfurt will expand their pre-existing operations, it forecasts, boosting head counts by up to 400 employees each.

“There won’t be a Brexit bang and suddenly thousands of bank employees are with their families in Frankfurt,” said Mr Stefan Winter, head of the German banking association. “In five years, Frankfurt will feel the Brexit effect more strongly than in two years.”

A similar view is shared by the head of Bafin, the federal financial supervisory authority.

“Frankfurt is playing a leading role,” Bafin president Felix Hufeld told Der Spiegel. “Most of the big banks are pursuing a strategy of not putting all their eggs in one basket.”

In Ireland, Citigroup and JP Morgan have announced plans to expand in Dublin as a result of Brexit, with Bank of America Merrill Lynch to apply for a broker-dealer licence here, as it moves certain activities from London.

Source: IrishTimes

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German employment hits record high

Posted by | August 21, 2017 | Uncategorized

German employment rate has hit the highest since reunification in 1990 while the number of home building permits fell in the first half of the year, data showed in August 2017, sending mixed signals about the state of Europe’s biggest economy.

In a positive sign for household spending and tax revenues with Germany’s growing population, employment reached a record 44.2 million people in the second quarter, data from the Statistics Office showed.

Workers-Germany

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European Commission Call for 2018 Traineeship

Posted by | August 2, 2017 | EPSO, News

Application for traineeship in the European is now open. A paid traineeship of 5 months with the European Commission, starting on either 1st March or 1st October, 2018. Every year, there are about 1.300 places available. If you are one of the selected candidates you get hands-on experience in the international and multicultural environment. This can be an important enrichment for your further career.

 

EU_Commission_traineeships

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Average salaries in the EU Capitals 2017

Posted by | July 20, 2017 | News

Highest net salaries in July 2017 among EU capitals have been paid in Luxembourg, where an average net wage was EUR 3,042.07. On the other end workers in Sofia have reported 6 times lower average wages for this month which makes Sofia the worst performing EU capital according to the average salaries with only  EUR 550.52 paid.

Based on the Numbeo data on average cost of living we have prepared the list of EU Capitals according to the net salaries. Unlike other surveys that take into considerations official statistics for salaries paid, Numbeo generates the data based on the feedback users have reported. according to data available for July 2017, best performing cities are Luxembourg and Copenhagen in Denmark, while the lowest wages are paid in Sofia, Bulgaria and Bucharest, Romania.

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Some 322 thousands net jobs will be created across all three Belgian regions between 2016 and 2022.

This emerges from the regional economic perspectives from 2017 to 2022 published by the Federal Planning Bureau, and the 3 regional statistical institutes (IWEPS, SVR and IBSA). Growth in Wallonia and Brussels may, during this period, marginally come up to that of Flanders.

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Economic growth may mostly be higher between 2016 and 2018 in the Flemish region (1.7percent) than in Wallonia (1.3 percent) and in Brussels (1.1 percent). However, the differences between the regions will be partially captivated between 2019 and 2022, with GDP growth of 1.6 percent in Flanders, and 1.3 percent for the other 2 regions. These values are stated in the estimates.

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