OREANDA-NEWS. October 22, 2014. The 2014 growth has been however less than 8.2% reported for 2013, PayWell Moldova Salary and Benefits Survey states. According to the Survey, two in three companies that took part in the research have budgeted the 7.2% growth in the salary for 2015.

The highest growth in the salaries was reported in the IT sector (10.2%), the lowest ones being recorded in the telecommunications sector (3.5%), the consumer goods sector (4.5%) and the industrial one (4.5%). 39% of the respondents raised the salary in Q1, the rest of them are going to do it in the quarters to come. In 2014, a number of companies that offer their employees fixed bonuses has decreased. Only 29% of the participants have granted fixed bonuses to all employees, the PwC edition reads.

To compare, in 2013, this amount reached 30%. The average performance bonus level varies between 5% and 40% of the annual salary, the highest bonuses being granted to top management and sales staff. The most common fixed bonuses have included the 13th month salary, the child birth benefit and the March 8 benefit. Over the last few years, the most common additional remunerations included the meal allowance, social activities and special occasion gifts. PwC Moldova has made the Salary and Benefits Survey for the 8th year in a row. Its 2014 edition comprises compensation data provided by 28 companies across five industry sectors (FMCG & industry, IT, telecommunications, microfinance & leasing and pharmaceuticals).

To compare, in the 2013 survey 32 companies took part. A number of customised analyses and reports, based on the geographical location, headcount and revenue of the participating companies, can also be derived from the PayWell study.

The compensation and benefits report comprises information on specific compensation policies (e.g. salary increases, fixed and variable bonuses) and analysis of more than 20 benefits available on the market, from company cars to meal tickets. PwC is a network of firms in 157 countries with more than 184,000 people who are committed to delivering quality in assurance, tax and advisory services. More details about PwC and the salaries review in Moldova are available on www.pwc.com/md.