Wages in all sectors of the Russian economy have fallen 10-40 percent in a year. Mid-level management has suffered the most with wages falling 20-30 percent. Blue collar workers have not been that hard hit – their wages have dropped on average 10 percent.
The financial sector has been hardest hit of all, with wages dropping 25-40 percent in a year, Gazeta.ru reports with reference to a study on changes in salary levels conducted by the recruitment agency Imperiya Kadrov.
Other sectors to have suffered from the financial crisis are retail sales, manufacturing, IT and telecommunications. Computer programmers are offered 37,5 percent lower wages than only a year ago.
The only sector to have had a rise in wages is pharmaceutics and medical equipment sales, where workers are getting 15-30 percent more than a year ago. This is a sector that had relatively low wages in the first place, the analytics in Imperiya Kadrov say.
