Study shows average 4.9% salary increase in Malta

A study conducted by research agency MISCO shows that salaries in Malta have increased by an average of 4.9% over the past year.

The highest increases were noted for the posts of business development manager, operations manager, and ICT manager. Minimal changes in the average salary were also noted in the posts of managing director, administration manager, production manager, warehouse manager and engineering manager.

“In a challenging marketplace, effective and competitive remuneration is a key priority,” MISCO director Lawrence Zammit said. “Employers need to ensure their reward policies and practices are both practical and relevant to today’s labour market. As such, having access to robust and up-to-date market information is essential.”

The study also shows that there was a 3.8% increase in finance-related positions and a 5.7% increase in HR-related position. Marketing-related positions registered a 2.1% increase.