Based on a comparison of 22 banks in Turkey in 2016, Intesa Sanpaolo Turkey was paying its employees the best, followed by Citibank Turkey and Isbank.
Intesa Sanpaolo Turkey employed 29.0 persons in 2016, up 7.41% when compared to the previous year. Historically, the bank's workforce hit an all time high of 29.0 persons in 2016 and an all time low of 19.0 in 2014.
Average cost reached TRY 18,862 per month per employee, 12.9% more than a year ago. This figure was TRY per month some 10 years ago.
Staff accounted for 41.4% of total operating expenditures in 2016.
Comparing Intesa Sanpaolo Turkey with its closest peers, Citibank Turkey had 468 employees with average cost of TRY 15,581 per month per person, Isbank operated with 25,000 people (and TRY 13,940 per month per employee) and HSBC Bank Turkey had 3,188 employees in 2016 with cost of TRY 13,389 per month per head.
The average staff cost per employee reached TRY 2,694 per month in the Turkish banking sector in 2016.
You can see all the banks cost per employee data on the Cost Per Employee indicator page or you can download a report on the Turkish banks in the report section.
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