The average net salary in August 2020 was BAM 962 (EUR 491,9). The average monthly gross salary in August 2020 was BAM 1.494 (EUR 763,9).
The highest average net salary in August 2020 analyzing areas of activities was paid out in the financial and insurance activities sector – BAM 1.467 (EUR 750,0) and the lowest average net salary in the same period was paid out in the construction sector – BAM 668 (EUR 341,5).
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 the employer.
LIST OF AVERAGE SALARIES BY SECTIONS
EXAMPLE OF SALARY CALCULATION
“All progress takes place outside the comfort zone”
– by Michael John Bobak –