“Companies are becoming more cautious when increasing salaries and are no longer offering raises as aggressively as they did in the past. At the same time, the share of people working outside traditional permanent employment arrangements is growing, either as freelancers or through their own limited liability companies,” commented Miriama Hučková, Executive Director of Košice IT Valley.
“As a result, part of the actual growth in income is shifting outside the standard average wage statistics,” she added.