The BEST Guide to POLAND
Unanswered  |  Archives 
 
 
User: Guest

Home / Work  % width posts: 18

What salary can I expect for a job in finance in Lodz?


Ali_a 1 | 2
5 Mar 2014  #1
Hello,

I was offered a job in finance, to be more specific in accounting, in Lodz. I have 3 years experience and I speak fluently English and French( one of the reason they offered me the position ), but I don not speak polish at all as I am foreigner. The company I should be working for is an IT company.

They asked me what is my net salary expectation (in euros), and I still try to figure out he wages applied in Poland.

form my research (please correct me if I'm wrong), I noticed that in Lodz a decent apartment would be about 350 euros, then about 450 euros are groceries and other monthly regular expenses.

I was considering to ask about 1,100 euros net. Do you think is appropriate considering the salaries in Poland (mainly Lodz) and cost living?

Thanks
DominicB - | 2,672
5 Mar 2014  #2
Actually, it would probably not be worth your time and effort to accept less than 1,400 Euro NET, (5000 PLN). A decent apartment, all fees and bills paid, is going to cost you closer to 500 Euro. Food and sundry household expenses will cost another 350 to 500, depending how much you eat out, and more if you like to eat out in good restaurants, or consume alcohol or tobacco. At 1,100 Euro per month, that doesn't leave much left over for traveling or fun, and you won't be able to save up a substantial amount for a rainy day.

I'm assuming that you are coming as a single person. Add 1000 Euro for a spouse, and 500 Euro extra per additional family member.
sobieski 107 | 2,129
5 Mar 2014  #3
If £ódż, Infosys springs to my mind. Or Nordea (and because you talk about a finance job, it would be Nordea).
That would mean a BPO job, and so salary expectations would have to be low anyway.
DominicB - | 2,672
5 Mar 2014  #4
Yes, I know. That, coupled with the fact that there is little opportunity for advancement or for improving one's qualifications makes jobs like these even less attractive. There must be a reason why even native Poles are turning up their noses to these jobs so that the companies have to rely on third-world workers.
Monitor 14 | 1,821
5 Mar 2014  #5
Take a look at this report:
hays.pl/centrum-mediowe-hays/HAYS_712672

Bare in mind that wages closer to top are mostly in Warsaw.
sobieski 107 | 2,129
5 Mar 2014  #6
There must be a reason why even native Poles are turning up their noses to these jobs so that the companies have to rely on third-world workers.

I have to be careful what to tell here, before being suspended again.... But why all these third-world workers claim (and there is an avalanche of them on this forum) they get hired for salaries which are completely unreal?
DominicB - | 2,672
5 Mar 2014  #7
They asked me what is my net salary expectation (in euros)

Also, kick the ball back in their court and ask them to quote an offer. That is a pretty dirty trick on their part to make you reveal your salary expectations. After all, they have full knowledge, and you have basically none. I personally would find it VERY off-putting if a prospective employer asked me to provide an offer first. It shows that the ONLY criterion they have in hiring me is paying me as little as possible. If they insist, then start out by asking for 2500 Euro. You'll be in a stronger position for negotiating then.
sobieski 107 | 2,129
5 Mar 2014  #8
That won't help at all. These BPO's have a very high job rotation (I think Infosys has 25-30%) so there are always new candidates.
DominicB - | 2,672
5 Mar 2014  #9
very high job rotation

All the more reason to ask for a higher salary. High turnover means the job is terrible, and not worth taking. Another thing the OP has to do is figure in the cost of flying to Poland and back home into their salary expectations, as well as the cost of getting a residency permit. May not be worth it even at 5000 PLN, all things considered.
OP Ali_a 1 | 2
5 Mar 2014  #10
Thank you all for all this info.

Still if anyone can help me out, I am more than happy to hear him/her out.

thanks again
Monitor 14 | 1,821
5 Mar 2014  #11
If you can tell us the company, position and your experience, than maybe we can tell you better what you can get. Because it's employer, not employee market in Poland for 99,9% of jobs.
OP Ali_a 1 | 2
5 Mar 2014  #12
The company is an IT company, but my position as in Finance Department and is an Accounting Business Consultant with 3 years experience and the reports I am supposed to do are in English and French.

Thanks
syphax - | 1
8 Mar 2014  #13
I dont share with you the same opinion about poles turning their backs to these companies, I am manager in a BPO company and the reason these companies hire people from third world countries (if you consider france spain germany netherland canada .....) is the languages capabilities and not because poles are not willing to work there ;) regarding the salary expectations in Lodz for Ali case. You can get up to 5000 PLN gross salary
DominicB - | 2,672
8 Mar 2014  #14
the reason these companies hire people from third world countries (if you consider france spain germany netherland canada .....) is the languages capabilities

Exceeding unlikely if you mean third world country such as Nigeria or India. By far the highest criterion is that they can pay very low wages, so low that the employees are "trapped", which reduces turn-over. As a matter of fact, anyone considering working for a BPO should always bear in mind that BPO is exclusively about reducing labor costs, and that that will always be the number one criterion in ANY interaction you will have with the company.

You can get up to 5000 PLN gross salary

Very, very poor wages. That's a measly $12,000 US net, or about minimum wage for burger flippers in the US. Not worth relocating to Poland for, certainly not for anyone from a first-world country, and not even for a recent grad from a third-world country. There are plenty of better opportunities elsewhere. Getting paid that low means that you are trapped: unable to save up enough to relocate to a better job elsewhere. I made more than that as a teaching assistant in graduate school in the States twenty-five years ago, teaching only two courses.

But why all these third-world workers claim (and there is an avalanche of them on this forum) they get hired for salaries which are completely unreal?

Those "unreal" salaries are quite low and not at all attractive to non-Poles. For example, 10,000 PLN gross is the equivalent of $40,000 a year in the States. You're not going to find anyone at that level of qualifications and experience that will get even out of bed for less than $100,000 in the States. And even native Poles at that level are highly tempted to move west, and a good many do. Hence the high turnover and shortage of native Poles willing to take these jobs. For the time being, it seems to make economic sense to hire third world workers and bring them to already existing BPO centers in Poland than to build BPO centers in even poorer, but often highly unstable third-world countries with ghastly infrastructure. BPOs in Poland seem to be in sort of a sweet spot at the moment.

There are several other factors at work:

BPO workers form third world countries are often desperate to take any job, even one in Poland. Even with its low wages and poorer living conditions, Poland is heaven compared to, say, Uganda, Nigeria or Pakistan.

BPO workers from third world countries see any job in Poland, no matter how bad or poorly paid, as a back door to a better future elsewhere in the EU. A lot of them seem unaware that Poland is quite poor compared to the Western European countries. Actually, a lot of posters on this board from Portugal, Spain and Malta seem to think that Poland is part of the "Rich North".

BPO workers are often not aware that there is little, if any, opportunity for advancement in these jobs, and they are cut off completely from the corporate ladder. And that there is very little opportunity to improve one's qualifications in Poland.

In short, Poland is a seemingly perfect short term "solution" for the desperate and hopelessly ignorant, and since there is not shortage of either of these on this planet, especially in third-world countries, BPOs are making hay while the sun shines.
Xromium 2 | 21
8 Mar 2014  #15
Poland is a seemingly perfect short term "solution" for the desperate and hopelessly ignorant

....... thanks, I always wondered what it was about Lodz - now I know!
panSimon
28 Jul 2015  #16
Hi Ali_a,

Finally, did you get the job? What was their offer? I'm almost in the same conditions as you (je parle français aussi) and I'm looking for a job in Lodz, Bydgoszcz or Poznan.

Thanks in advance,
Simon
bubblecup
27 Sep 2015  #17
Hi, i was offered 1850 Euro around 7800 PLN Gross to work in Lodz for an IT company.
They want to hire me for a procurement/purchasing position and i guess they are mainly interested in me because i can speak Swedish.
Im considering taking this job for a 3 month trial-period but it would be nice to hear from anybody what their experience were from working in Poland and Lodz.

Rob
RLB_RED
5 Feb 2016  #18
Hi, I am also offered a job in Poland for a 3month trial period in Warsaw. Anyone here who has tried that? Please share your experiences. Thanks!


Home / Work / What salary can I expect for a job in finance in Lodz?
BoldItalic [quote]
 
To post as Guest, enter a temporary username or login and post as a member.