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

Top Banks by Cost Per Employee (RON per month)
Banking | September 29, 2023
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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 50,526 persons in 2008 and an all time low of 45,670 in 2013.

Average cost reached RON 19,103 per month per employee, 2.58% more than a year ago. This figure was RON per month some 10 years ago.

Staff accounted for 52.9% of total operating expenditures in 2017.

Comparing Erste Group Bank with its closest peers, Ceska Sporitelna had 10,248 employees with average cost of RON 13,003 per month per person, Slovenska Sporitelna operated with 4,250 people (and RON 12,650 per month per employee) and Zagrebacka Banka had 5,424 employees in 2017 with cost of RON 10,593 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.