Based on a comparison of 9 banks in Hungary in 2016, CIB Bank was paying its employees the best, followed by Raiffeisen Bank Hungary and UniCredit Bank Hungary.
CIB Bank employed 2,036 persons in 2016, down 11.3% when compared to the previous year. Historically, the bank's workforce hit an all time high of 3,657 persons in 2008 and an all time low of 2,036 in 2016.
Average cost reached HUF 933,489 per month per employee, 7.91% more than a year ago. This figure was HUF 681,832 per month some 10 years ago.
Staff accounted for 45.1% of total operating expenditures in 2016.
Comparing CIB Bank with its closest peers, Raiffeisen Bank Hungary had 2,125 employees with average cost of HUF 910,627 per month per person, UniCredit Bank Hungary operated with 1,728 people (and HUF 865,114 per month per employee) and Erste Bank Hungary had 2,873 employees in 2016 with cost of HUF 826,691 per month per head.
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 Hungarian banks in the report section.
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