PDF, 3464 KB - Roland Berger
PDF, 3464 KB - Roland Berger
PDF, 3464 KB - Roland Berger
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
d<br />
Labor cost in Russia are among the lowest in the World, but the<br />
level of the wages depends on the Region<br />
Labor cost comparison 2004<br />
Average hourly cost of labor 1)<br />
[EUR]<br />
Average monthly nominal wages in selected<br />
Russian Regions 2) [EUR]<br />
Germany<br />
France<br />
15.7<br />
25.3<br />
250<br />
Moscow<br />
Czech Rep.<br />
Hungary<br />
4.2<br />
5.0<br />
200<br />
St.<br />
Petersburg<br />
Poland<br />
Slovakia<br />
Turkey<br />
Romania<br />
1.8<br />
1.8<br />
2.9<br />
4.1<br />
150<br />
100<br />
Samara<br />
N. Novgorod<br />
Russia 3)<br />
Ukraine<br />
1.7<br />
0.8<br />
50<br />
2000 2001 2002 2003<br />
1) Average hourly compensation of production workers including benefits (data for 2004)<br />
2) Excluding social cost; average wages in industrial sector actually a little higher, but no specific data available<br />
3) Regional costs can vary - Example AvtoVAZ assembly line: labor costs are 2.8 EUR per hour<br />
Source: EIU, CE-Research LLP, Russian Federal Statistics Office, <strong>Roland</strong> <strong>Berger</strong> analysis<br />
MUC-90007-497-09-03-E.ppt 34