Based on a comparison of 10 banks in Bulgaria in 2016, Eurobank Bulgaria was paying its employees the best, followed by United Bulgarian Bank and Raiffeisenbank Bulgaria.
Eurobank Bulgaria employed 2,200 persons in 2016, down 0.317% when compared to the previous year. Historically, the bank's workforce hit an all time high of 2,859 persons in 2011 and an all time low of 1,078 in 2002.
Average cost reached 1,458 per employee, 32.7% more than a year ago. This figure was some 10 years ago.
Staff accounted for 41.8% of total operating expenditures in 2016.
Comparing Eurobank Bulgaria with its closest peers, United Bulgarian Bank had 2,620 employees with average cost of 1,342 per person, Raiffeisenbank Bulgaria operated with 2,736 people (and 1,295 per employee) and DSK Bank had 4,679 employees in 2016 with cost of 1,132 per head.
The average staff cost per employee reached 2,074 in the Bulgarian banking sector in 2016.
|Cost Per Employee (Local Currency)||Unit||2010||2011||2012||2013||2014||2015||2016||2017|
|Central Cooperative Bank||BGN per month||...||...||...||1,190||1,195||1,202|
|Corporate Commercial Bank||BGN per month||2,118||1,883||1,954||...||...||...||...|
|D Commerce Bank||BGN per month||1,754||1,748||1,793||1,771||1,934|
|DSK Bank||BGN per month||1,619||1,598||1,789||1,850||1,939|
|Eurobank Bulgaria||BGN per month||...||1,964||1,871||1,888||2,029||1,938|
|First Investment Bank||BGN per month||1,521||1,556||1,399||1,667||1,557|
|Piraeus Bank Bulgaria||BGN per month||1,586||1,590||1,489||1,594||1,636|
|Raiffeisenbank Bulgaria||BGN per month||1,881||1,836||1,892||1,985||2,135|
|Societe Generale Expressbank||BGN per month||1,688||1,811||1,896||2,061||2,121|
|UniCredit Bulbank||CZK per month||2,219||2,275||2,249||2,484||2,637|
|United Bulgarian Bank||BGN per month||1,565||2,098||2,712||2,794||2,022|