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Advocacy achievements of the week

03/ 09/ 2021
  The first week of autumn brought good news for the HR field, as the procedure for calculating the average salary was adjusted with consideration of comments from the business. The government has improved the mechanism for calculating the average salary The relevant Resolution was adopted by the Government at the meeting on September 1. From now on, when calculating the average salary, bonuses and other incentive payments based on the results of work for a certain period will be considered in the earnings of the period corresponding to the number of months for which they are accrued, starting from the month of accrual. It should be reminded that in December 2020 the formula for calculating the average salary was changed. According to EBA member companies, this formula has substantially complicated accounting. This situation created administrative difficulties for companies, in particular those with a large staff. Also, the accounting administration software was not ready for such changes. The European Business Association thanks the Government for taking into account the comments and feedback from the business!

The first week of autumn brought good news for the HR field, as the procedure for calculating the average salary was adjusted with consideration of comments from the business.

The government has improved the mechanism for calculating the average salary

The relevant Resolution was adopted by the Government at the meeting on September 1. From now on, when calculating the average salary, bonuses and other incentive payments based on the results of work for a certain period will be considered in the earnings of the period corresponding to the number of months for which they are accrued, starting from the month of accrual.

It should be reminded that in December 2020 the formula for calculating the average salary was changed. According to EBA member companies, this formula has substantially complicated accounting. This situation created administrative difficulties for companies, in particular those with a large staff. Also, the accounting administration software was not ready for such changes.

The European Business Association thanks the Government for taking into account the comments and feedback from the business!

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