The highest compensation per employee in 2023 for the financial services and insurance sector is in Poland, with a value of 15.749 (thousands 2015 = 100). Romania (15.14) and Iceland (15.051) follow closely. South Korea and several EU countries such as Denmark, Belgium, France, and Germany see figures around 11 to 14. Notably, the United States (13.131) and the United Kingdom (11.88) are mid-level in the range, which is rather modest given their advanced financial and insurance sectors.
The forecasted values for 2024 suggest potential continuing increases in compensation per employee. Future trends to watch include the impact of digital transformation, regulatory changes, and evolving competitive dynamics which could significantly influence labour compensation structures in the global financial services and insurance sectors.
Top countries in Financial Services and Insurance Labour Compensation Per Employee by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | |
|---|---|---|---|---|
| 1 | 1 Poland | 157.49 | 2022 | View data |
| 2 | 2 Romania | 151.4 | 2022 | View data |
| 3 | 3 Iceland | 150.51 | 2022 | View data |
| 4 | 4 Czech Republic | 144.44 | 2022 | View data |
| 5 | 5 Bulgaria | 141.47 | 2022 | View data |
| 6 | 6 South Korea | 140.47 | 2021 | View data |
| 7 | 7 Slovenia | 138.32 | 2022 | View data |
| 8 | 8 Latvia | 135.96 | 2021 | View data |
| 9 | 9 Mexico | 135.2 | 2021 | View data |
| 10 | 10 United States | 131.31 | 2021 | View data |