Who Paid its Staff the Most Among Raiffeisen New Europe in 2017?

Top Banks by Cost Per Employee (CZK per month)
Banking | February 6, 2020
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Excel Sheet

Based on a comparison of 11 banks among Raiffeisen New Europe in 2017, Raiffeisenbank Czech Republic was paying its employees the best, followed by Raiffeisen Bank Hungary and Raiffeisen Stavebni Sporitelna.

Raiffeisenbank Czech Republic employed 2,900 persons in 2017, down 4.29% when compared to the previous year. Historically, the bank's workforce hit an all time high of 3,030 persons in 2016 and an all time low of 1,107 in 2004.

Average cost reached CZK 94,794 per month per employee, 8.87% more than a year ago. This figure was CZK 58,163 per month some 10 years ago.

Staff accounted for 50.9% of total operating expenditures in 2017.

Comparing Raiffeisenbank Czech Republic with its closest peers, Raiffeisen Bank Hungary had 2,089 employees with average cost of CZK 81,911 per month per person, Raiffeisen Stavebni Sporitelna operated with 268 people (and CZK 75,871 per month per employee) and Raiffeisen Stambena Stedionica had 43.0 employees in 2017 with cost of CZK 72,155 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 Raiffeisen New Europe banks in the reports section.

Cost Per Employee (Local Currency) Unit 2011 2012 2013 2014 2015 2016 2017 2018
Raiffeisen Bank Int. EUR per month 2,227 2,348 2,207 2,249 2,577
Raiffeisenbank Czech Republic CZK per month 83,697 83,068 85,917 78,825 87,075
Raiffeisen Stavebni Sporitelna CZK per month 68,600 72,519 69,709 71,107 72,013 ...
Raiffeisenbank Croatia HRK per month 14,550 15,098 15,243 15,237 15,158 ...
Raiffeisen Bank Hungary HUF per month 716,695 849,453 859,097 782,067 910,627 ...
Raiffeisenbank Serbia RSD per month 188,599 171,531 164,554 169,073 175,003 ...
Raiffeisenbank Bulgaria BGN per month 1,836 1,892 1,985 2,135 2,290 ...
Raiffeisen Bank Romania RON per month 7,918 8,209 7,734 8,186 8,433 ...
Raiffeisenbank Russia RUB per month 111,315 118,883 110,179 130,636 139,781
Raiffeisen Bank Polska PLN per month ... ... 10,085 9,165 9,138 10,533 ...
Raiffeisen Stambena Stedionica HRK per month 10,685 12,585 17,036 24,835 18,455 ...