Wages in the industrial sector of Europe





personnel, wages, processing industry, EU countries, comparative analysis, personnel potential.


Introduction. In the difficult conditions of the war and related destruction, the most enterprises faced the problem of regulating relations in the team and the correct organization of remuneration.

Problem. Uncertainty regarding the duration of active hostilities only complicates the situation in the industrial sector, increasing the complex of pre-war problems caused by destructive economic processes. In this aspect, the search for ways and directions to ensure active industrial development of the country in the period of post-war recovery acquires particular importance.

The aim of the study is to compare the wage indicators and their influence on the development of the industrial sector of certain European countries and Ukraine.

Methods. Methods of statistical and comparative analysis; synthesis and logical generalization are applied. 

Results. A comparative analysis of key indicators of the development of the industrial sector of Ukraine and individual countries of the European Union was carried out. The place of the Ukrainian industrial sector among the studied list of countries is determined – its key advantages and disadvantages. The need to increase the personnel potential of the domestic industrial sector by increasing the level of wages as a key component of its post-war recon­struction is substantiated.

Conclusions. The conducted analysis made it possible to compare the values of individual indicators of remuneration and the use of personnel potential of the processing industry in the studied countries of the European Economic Area and to determine the groups to which Ukrainian indicators belong. It was determined that Ukraine is an outsider in terms of wages, while the countries with the highest level of personnel wage costs are characterized by the highest volumes of industrial production and exports of processing industry products. Therefore, today it is worth revising the applied approaches to payment of labour in the context of increasing the personnel potential of industrial enterprises of Ukraine in a strategic perspective.

Author Biography

Olena BABCHYNSKA, Vinnytsia Institute of Trade and Economics of SUTE

Doctor of Sciences (Economics), Associate Professor, Associate Professor of the Department of Management and Administration


Zvit pro prjami zbytky infrastruktury, neprjami vtraty ekonomiky vid rujnuvan' vnaslidok vijs'kovoi' agresii' rosii' proty Ukrai'ny, ta poperednja ocinka potreb Ukrai'ny u finansuvanni vidnovlennja. Kyi'vs'ka Shkola Ekonomiky spil'no z Ministerstvom rozvytku gromad i terytorij [A report on direct infrastructure damage, indirect economic losses from the destruction caused by Russia's military aggression against Ukraine, and a preliminary assessment of Ukraine's needs for financing recovery. Kyiv School of Economics together with the Ministry of Community and Territorial Development] Kyi'v, (2022). https://kse.ua/wp-content/uploads/2022/07/NRC_CLEAN_Final_Jul1_Losses-and-Needs-Report.pdf [in Ukrainian].

Izovit, T., & Naumenko, I. (2016). Suchasni tendencii' formuvannja zarobitnoi' platy u legkij promyslovosti [Modern trends in wage formation in light industry]. Legka promyslovist' – Light industry, 4. https://er.knutd.edu.ua/bitstream/123456789/5983/1/LP_4_2016_P_002-005.pdf [in Ukrainian].

Il'jenko, A., & Chub, O. (2020). Novitni tendencii' u dyferenciacii' zarobitnoi' platy za vydamy ekonomichnoi' dijal'nosti v Ukrai'ni [The latest trends in the differen-tiation of wages by types of economic activity in Ukraine]. Visnyk Hmel'nyc'kogo nacional'nogo universytetu. Ekonomichni nauky – Bulletin of the Khmelnytskyi National University. Economic sciences, 6, 78-86 [in Ukrainian] https://doi.org/10.31891/2307-5740-2020-288-6-12.

Bobyl', V. V., & Dehtjar, S. S. (2021). Ekonomichnyj rozvytok promyslovyh pidpryjemstv v umovah finansovoi' nestabil'nosti: jevropejs'kyj dosvid ta ukrai'ns'ki realii' [Economic development of industrial enterprises in conditions of financial instability: European experience and Ukrainian realities]. Efektyvna ekonomika – Efficient economy, (Issue 5). http://www.economy.nayka.com.ua/pdf/5_2021/5.pdf [in Ukrainian].

Antonjuk, V. P. (2020). Analiz trudovogo potencialu Prydniprovs'kogo i Donec'kogo ekonomichnyh rajoniv u konteksti formuvannja regional'nyh innovacijnyh ekosystem [Analysis of the labour potential of the Dnipro and Donetsk economic regions in the context of the formation of regional innovation ecosystems]. Ekonomichnyj visnyk Donbasu – Economic Herald of Donbass, 1 (59), 4-14 [in Ukrainian] https://doi.org/10.12958/1817-3772-2020-1(59)-4-14.

Derzhavna sluzhba statystyky Ukrai'ny: statystychna informacija [State Statistics Service of Ukraine: statistical information]. https://www.ukrstat.gov.ua [in Ukrainian].

Gross value added and income by A*10 industry breakdowns. Eurostat. URL: https://ec.europa.eu/eurostat/databrowser/view/NAMA_10_A10__custom_4168296/default/table?lang=en [in English].

Annual enterprise statistics for special aggregates of activities. Eurostat. URL: https://ec.europa.eu/eurostat/databrowser/view/LC_LCI_LEV__custom_4167904/default/table?lang=en [in English].

Financing the 2030 Agenda: An Introductory Guidebook for UNDP Country Offices. 2018. URL: https://www.undp.org/sites/g/files/zskgke326/files/publications/Financing_the_2030_Agenda_CO_Guidebook.pdf [in English].

World development indicators. World bank. URL: https://databank.worldbank.org/source/world-development-indicators# [in English].



How to Cite

BABCHYNSKA О. (2023). Wages in the industrial sector of Europe. Foreign·trade:·economics,·finance,·law, 126(1), 31–41. https://doi.org/10.31617/3.2023(126)03