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1 Olsztyn Economic Journal

1 2007

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REMUNERATION LEVELS AND FINANCIAL RESULTS IN THE LEADING COMPANIES IN POLAND

100%

Karaszewska H. , Zarebski M.

Olsztyn Economic Journal

2007

tom 2

nr 1

12-24

The decreasing number of companies who reveal their remuneration data proves that companies tend to be more and more secretive about those issues. The data concerning salaries published by the Polish Central Statistical Office (GUS) are not presented according to the size of companies. This makes the salary rankings more interesting because they allow us to monitor changes in salary levels according to the size of companies. The article analyzes changes in salary levels in companies included in the 'TOP 500' ranking according to different criteria. It points to a worryingly low level of correlation between the level of salaries and financial results of companies.