Fresh market data paired with robust analytics. You should be able to recover the costs in roughly a year or so. 67,500 / yr. EPAM Senior Software Engineer salaries - 9 salaries reported. Glassdoor salary data for Sofia workers. The median represents the middle salary value. Average Salary in Sofia. 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. 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. Salaries estimates are based on 2 salaries submitted anonymously to Glassdoor by Auditor employees in Sofia, Bulgaria. The average salary in Bulgaria is considerably higher than the minimum wage, but still rather low. Compare salaries city by city with our free salary wizard and convert your own salary to a local salary in Sofia. 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. 25 late to work excuses that may actually work! What salary does a Quality Assurance earn in Sofia? The cost of living in Sofia is quite low, and you can easily rent an apartment for 250 euros per month. True, this sounds extremely low for a Frenchman. The average salary range for a Paralegal is between BGN 15,162 and BGN 26,066. People in top positions can easily get double or triple bonus rates than employees down the pyramid. In most cases, a salary review is conducted once education is completed and the degree has been attained. The numbers become more significant if you consider one job title at a time. The formula for a winning company culture. In a written answer to a parliamentary question Finance Minister Kiril Ananiev states that 2,193 people received over 15,000 euro per month. Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. The experience level is the most important factor in determining the salary. (BGN) per year or an hourly rate of 9 лв. The average salary in Bulgaria is considerably higher than the minimum wage, but still rather low. Public sector employees in Bulgaria earn 9% more than their private sector counterparts on average across all sectors. Welcome. The best paying company in Bulgaria is DSK Bank, offering an average salary of $40,000. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaries range from 840 BGN (lowest average) to 5,650 BGN (highest average, actual maximum salary is higher). Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. There is also a fairly large difference between salary levels in the capital city of Sofia, and the other major Bulgarian cities. Bulgaria - Get a free salary comparison based on job title, skills, experience and education. Though gender should not have an effect on pay, in reality, it does. Bulgaria has the lowest wages in the EU and doctors' salaries are no exception. We need your support so Novinite.com can keep delivering news and information about Bulgaria! Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma. Sr. Software Engineer / Developer / Programmer, Pharmaceutical Product Development (PPD), Inc. Real salaries at 910 companies in Sofia, Bulgaria. Salaries for Related Job Titles We wrote a guide to explain all about the different scenarios. You can't really expect any salary increases during the study period, assuming you already have a job. Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level. My friends who work in it usually get a 500 leva bump for every year of experience. The list below shows the average salary of some of the popular occupations in the area: Accountant: $13,181(24,181 BGN) Bulgaria may be poor compared to Western-European countries but it's still an european country. Sofia, Bulgaria Area. Companies within thriving industries tend to provide higher and more frequent raises. That is quite an investment. Average salary for MentorMate Qa Analyst in Sofia: 2,000. Salaries in Sofia range from 980 BGN per month (minimum salary) to 17,200 BGN per month (maximum average salary, actual maximum is higher). VMware Senior Member of Technical Staff salaries - 10 salaries reported. Which alumni earn the most after graduation? Salaries vary drastically between different careers. Find your market worth with a report tailored to you. We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings. The average salary for a Manager is лв2,195 in Sofia, Bulgaria. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaries estimates are based on 17 salaries submitted anonymously to Glassdoor by Manager employees in Sofia, Bulgaria. Sofia, Bulgaria Area. Based on 1 salaries posted anonymously by MentorMate Qa Analyst employees in Sofia. 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. Average salaries in Sofia, Bulgaria can vary greatly based on a career field. Listed above are the average annual increase rates for each industry in Bulgaria for the year 2019. Advanced 2019/20 Survey. In August 276,883 Bulgarians received salaries over the average monthly 702 euro. The most common companies reported by employees working in Sofia. Their expertise is usually different from that of the core business operations. Lower average gross salaries in the Sofia, Bulgaria are earned by those in Organization & Coordination (BGN 14,592) and those in Engineers & Technicians … Naturally the more years of experience the higher the wage. I can help you find out what you should be paid. So who gets paid more: men or women? 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. Reported anonymously by 3,521 Sofia employees. Also from the diagram, 75% of the population are earning less than 10,500 BGN while 25% are earning more than 10,500 BGN. The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. Salaries in Bulgaria have been on the rise in recent year and unemployment has been declining. 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. This is the average monthly salary including housing, transport, and other benefits. Both are indicators. The cost of living in Sofia is 100 percent higher than the national average. 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. It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? Stay up to date on the latest compensation trends. The best paying company in Sofia is DSK Bank, offering an average salary of $40,000. 1,700 / mo. The figures mentioned above are good approximations and are considered to be the standard. How to compare your salary. These figures tend to change frequently. Sofia, Bulgaria Area. Example:A graphic designer in the marketing department of a hospital. Their field of expertise usually matches the type of business. Male employees in Bulgaria earn 6% more than their female counterparts on avergae across all sectors. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree. In some areas there has been a shortage of qualified labor. 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. Dr Balezdrov earns around £800 a month (950 euros; $1,280). Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary. Thank you! Wages in Bulgaria increased to 1397 BGN/Month in September from 1335 BGN/Month in August of 2020. Employees in Bulgaria are likely to observe a salary increase of approximately 7% every 20 months. 25 Simple Ways to Reduce Bills and Save Money. Currently, the average salary in Sofia is hovering around 500 to 550 euros per month, which is more than the double of the minimum. The hourly wage is the salary paid in one worked hour. Wages In Manufacturing in Bulgaria increased to 1233 BGN/Month in September from 1186 BGN/Month in August of 2020. A person working in Sofia typically earns around 3,860 BGN per month. 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. The average salary for jobs in Sofia, Bulgaria is 18 598 лв. We’ll get you noticed. Below, we have made complete lists of data based on the cost of a wide variety of products, goods and services. Formed in 1999, K&K Accounting is a well respected accounting company located in Sofia, Bulgaria. Average Salary in Sofia, Bulgaria. The decision really depends on your situation and experience among many other factors. Salaries for Related Job Titles. Use our tool to get a personalized report on your market worth. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. 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). Sofia is the capital city of Bulgaria. 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 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. Operations Manager 4 k. Senior Manager 5 k. Product Manager 3 … If your wage is between the average and the median, then things can be a bit complicated. A person working in Factory and Manufacturing in Bulgaria typically earns around 2,260 BGN per month. HERE ARE THE MAIN POINTS TO REMEMBER Developing a business and recruiting in BulgariaIn 2019, the minimum wage in Bulgaria is BGN 560 (EUR 280).The average gross monthly salary in Sofia … 148 Manager Salaries in Sofia, Bulgaria provided anonymously by employees. The average salary in Sofia is BGN 28k. The most popular employers in Sofia are Visteon Corporation, Vmware, Inc., and TELUS International. You deserve a salary increment but you are not sure how to ask.Check our 25 sample Salary Increase Request emails. It really depends on what options you have. These types of bonuses are given without a reason and usually resemble an appreciation token. Percentage increase and decrease are relative to the previous value. Accurate, reliable salary and compensation comparisons for Bulgaria Employees that support and facilitate the work of revenue generators. Salaries range from 980 BGN (lowest average) to 17,200 BGN (highest average, actual maximum salary is higher). 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 most standard form of bonus where the employee is awarded based on their exceptional performance. 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 Example:A graphics designer working for a graphics designing company. How the salary history question affects pay equity. Salaries in Sofia range from 980 BGN per month (minimum salary) to 17,200 BGN per month (maximum average salary, actual maximum is higher). Those figures should be taken as general guidelines. This is the average monthly salary including housing, transport, and other benefits. Those who got bonuses reported rates ranging from 3% to 6% of their annual salary. What your skills are worth in the job market is constantly changing. Salaried jobs pay a fix amount regardless of the hours worked. Those figures are presented as guidelines only. The average salary for a Auditor is лв1,925 in Sofia, Bulgaria. Know what you're worth Compare your compensation with peers in your industry And we are here speaking about real local jobs from Bulgarian companies. Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. Salaried employees are usually exempt from overtime as opposed to hourly paid staff. 21 High Paying Jobs That Don't Require a College Degree! 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. 4 jobs in Bulgaria on totaljobs. Average salary in Bulgaria is BGN 42,468 (US$ 26,327). IBM Financial Analyst salaries - 10 salaries reported. Currently, the average salary in Sofia is hovering around 600 euros per month, which is considerably higher than the minimum. If your salary is higher than both of the average and the median then you are doing very well. Software Engineer salaries in Sofia are low.For this job type, Sofia ranks 229th for salaries among 265 cities. This page provides - Bulgaria Average Monthly Wages in … The cost of living in Sofia is 100 percent higher than the national average. 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. A year ago their number was 2,030 which means an increase of 8%. Trends in wages decreased by -100.0 percent in Q3 2020. If he … If you are interested in the salary of a particular job, see below for salaries for specific job titles. Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines. 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. Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job. The average salary in Sofia is BGN 28k. Hourly jobs pay per worked hour. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment. 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. The numbers seem to support this tactic. Find and apply today for the latest jobs in Bulgaria. Employees that are directly involved in generating revenue or profit for the organization. * Based on the average change in salary over time. What salary does a Manager earn in Sofia? Trends in wages decreased by -100.0 percent in Q3 2020. Do you know what people like you are earning? Where can you get paid more, working for a private company or for the government? Cost of Living in Sofia. On average, a Bachelor's Degree is the highest level of education for a Paralegal. Also keep in mind that the IT sector is the best one in bulgaria and sofia. Many people pursue higher education as a tactic to switch into a higher paying job. 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. Stop guessing. Salary variations differ from person to person. Understand what's truly driving the gender pay gap. 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. The figures provided here are averages of numbers. In the last 4 years the number of people with exceedingly high salaries has gone up by 83%. Improve your chances of receiving a raise when you ask. Sofia has one of the cheapest square meter prices among … The amount of the bonus will probably be different from person to person depending on their role within the organization. Closely related to the median are two values: the 25th and the 75th percentiles. Granted upon achieving an important goal or milestone. We are a member of Integra International an interactive global association of independent accounting & consulting firms, covering 50+ countries with 170+ offices worldwide. The total average salary for this year has increased by almost 12% to BGN 1,249. 3,000 / mo. Private schools are indeed expensive, like 600-800 euro per month, just checked a few. Follow wage changes of U.S. workers over time. Salary and career advice to put you a step ahead. 91 Quality Assurance Salaries in Sofia, Bulgaria provided anonymously by employees. 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). Get access to our salary comparison calculator by signing up. 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. 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 reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. Top 10 Highest Paying Careers in Bulgaria. 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. The average salary in Bulgaria is around 400 euros per month. People tend to confuse bonuses with commissions. Sofia is becomming a better place and you'll be having a nice life with this salary. 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. Detailed salary report based on career, education, experience, gender, age etc. The average pay for a Paralegal is BGN 20,758 a year and BGN 10 an hour in Sofia, Bulgaria. The average gross monthly salary for April 2018 is BGN 1,145, for May - BGN 1,101 and for June - BGN 1,119. You ask field of expertise usually matches the type of business report based on 17 salaries anonymously! 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