Salary

Salary

The average net salary in June 2019 was BAM 910 (EUR 465,3). Average monthly gross salary in June 2019 was BAM 1.413 (EUR 722,5).
The highest average net salary in June 2019 analyzing areas of activities was paid out in the financial and insurance activities sector – BAM 1.404 (EUR 717,9) and the lowest average net salary in same period was paid out in arts, entertainment and recreation sector – BAM 625 (EUR 319,6).
Salary of employees cover salaries for full time, part time and overtime work, payments from business entity resources for paid but not worked hours, such as annual leave, national holidays and days off as prescribed by law, paid leave, paid leave for vocational training, work interruptions without employees’ fault and sick leave paid by employer.

LIST OF AVERAGE SALARIES BY SECTIONS

EXAMPLE OF SALARY CALCULATION

“All progress takes place outside the comfort zone”

– by Michael John Bobak –