Who Paid its Staff the Most Among CEE Savings Banks in 2017?

Top Banks by Cost Per Employee (EUR per month)
Banking | February 13, 2019
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Excel Sheet

Based on a comparison of 10 banks among CEE Savings Banks in 2017, Erste Group Bank was paying its employees the best, followed by Ceska Sporitelna and Slovenska Sporitelna.

Erste Group Bank employed 47,702 persons in 2017, up 1.42% when compared to the previous year. Historically, the bank's workforce hit an all time high of 52,648 persons in 2008 and an all time low of 8,416 in 1999.

Average cost reached EUR 4,173 per month per employee, 0.677% more than a year ago. This figure was EUR 3,479 per month some 10 years ago.

Staff accounted for 57.4% of total operating expenditures in 2017.

Comparing Erste Group Bank with its closest peers, Ceska Sporitelna had 10,171 employees with average cost of EUR 2,872 per month per person, Slovenska Sporitelna operated with 4,250 people (and EUR 2,763 per month per employee) and Zagrebacka Banka had 5,424 employees in 2017 with cost of EUR 2,296 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 CEE Savings Banks banks in the reports section.

Cost Per Employee (Local Currency) Unit 2011 2012 2013 2014 2015 2016 2017 2018
Erste Group Bank EUR per month 3,855 4,073 3,951 4,025 4,145
OTP Group HUF per month 432,211 454,106 486,964 493,499 493,386
PKO BP PLN per month 7,506 7,652 7,671 7,890 8,027
Ceska Sporitelna CZK per month 68,024 70,520 68,698 69,866 74,190
Zagrebacka Banka HRK per month 14,378 15,381 18,060 16,982 16,773 ...
Slovenska Sporitelna EUR per month 2,252 2,355 2,438 2,553 2,705 ...
DSK Bank BGN per month 1,598 1,789 1,850 1,939 2,001 ...
Banca Commerciala Romana RON per month 9,056 9,084 7,779 8,454 8,593 ...
Sberbank RUB per month 71,615 77,719 80,611 87,195 98,516
CEC Bank RON per month ... 4,470 4,677 4,700 4,675 4,925 ... ...