Ukrainians’ incomes in dollar equivalent lose one third in past year

Wages and salaries in Ukraine lost 32% in value on the average from autumn 2014 to autumn 2015 if they are compared as converted in the U.S. dollar, Ukrainian weekly Novoye Vremia wrote with reference to findings of an annual market research conducted by Hay Group

All categories of employees have faced that lost in value. In particular, average annual incomes of CEOs in Ukraine fell from $59,600 to $55,400, those of marketing directors from $32,000 to $23,000, senior HR managers earned $22,500 instead of $26,800 over the year. Account managers saw a decrease in salaries from $11,300 to $7,500 per year. Similar trends were recorded among other groups of employees.

Read more UNIAN: http://www.unian.info/economics/1160056-ukrainians-incomes-in-dollar-equivalent-lose-one-third-in-past-year.html