What was the Highest Salary in BiH in 2018?

December 28, 2018 8:00 AM

During 2018, two persons employed in the banking sector received salaries in the amount of 759.968 BAM which amounts to 850 average salaries of employees in Bosnia and Herzegovina according to the latest data from the Agency for Statistics of BiH, Klix.ba news portal writes.

The portal requested from the Tax Administration of Republika Srpska and the Tax Administration of the Federation of BiH to provide the data on the highest paid wages in 2018, and the RS Tax Administration stated that the largest single pay-per-employee salary in RS in 2018 was realized in the financial sector, amounting to 466,783 BAM.

At the same time, this is the largest paid wage in BiH, and when it comes to FBiH, the most paid employee received a salary lower by 173,598 BAM than in RS.

“According to the data from the Tax Administration of the FBiH, the largest net salary for 2018 was paid in the banking sector in the amount of 293,185.93 BAM for the month of September”, was stated from the Tax Administration of the Federation of BiH.

An employee with an average salary of 850 BAM needs 43 years to earn a salary that only one employee in RS received in only one month or 27 years of work to earn a salary that only one employee in FBiH received in just one month.

In order for a person with an average salary of 850 BAM to earn 759,968 BAM, as two bankers in BiH earned in February and September, it is necessary to work 74 years in continuity.

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