The wages and salaries in employment services in Poland have demonstrated fluctuating yet overall upward trends from 2013 to 2023, growing from 3.72 billion Zloty in 2013 to 10.5 billion Zloty in 2023. The year-on-year growth rates varied significantly, starting high with 43.94% in 2013 and eventually stabilizing to 2.37% in 2023. The compound average growth rate (CAGR) over the last five years leading up to 2023 was a modest 1.4%, indicating a slowdown in growth.
Over the decade, the pattern reveals an initial rapid increase reflecting economic improvements and potentially higher employment service demand, followed by a notable deceleration post-2017. The forecast data from 2024 onwards show continued growth at around 1.4% CAGR, suggesting a steady but modest future increase reaching 11.5 billion Zloty in 2028.
Future trends to watch for:
- Changes in policy impacting labor markets and wage dynamics.
- Technological advancements affecting employment services.
- Economic conditions both domestically and within the EU that could influence hiring and wages.
- Demographic shifts and their effect on the labor force supply and demand.
