In 2012, the average monthly nominal, ie salary in Azerbaijan amounted to AZN 396 (without taxes and social security). This is 8.7% more than in 2011. In this case, in December last year, the average salary reached 428.8 manat.
The government promises to increase wages and employees of budget organizations this year. Many people, citing the experience of previous years, believe that it will happen closer to the presidential elections scheduled for October. The last time the salaries of state employees were promoted in December 2011.
In Azerbaijan, the lowest wages are at educators (283 AZN) and health (164 AZN). Salaries of civil servants (about 29,000 people) in 2011 averaged 448.3 manat. In the higher echelons of power, the figure was 1,000 manat.
According to the State Committee for Statistics by sectors of economic activity more than other workers earn the mining industry, pilots, communications, finance and insurance companies, transport companies and builders. - 08B-
Economics
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Azerbaijan’s corporate sector needs to develop an appropriate system for assessing employees, according to Jalal Gasimov, CEO of PASHA Holding. Speaking at the Human Development Forum in Baku, Gasimov emphasized the importance of moving beyond merely evaluating employees based on performance outcomes.
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The launch of the Azeri Central East (ACE) platform in Azerbaijan's Caspian Sea shelf marked an important milestone for BP in 2024, said BP CEO Murray O'Kinkloss on February 11, presenting the company's 2024 report.
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Cargo transportation along the Middle Corridor (Trans-Caspian International Transport Route, TMTM) reached a record 3.3 million tons in 2024, marking a 20% increase year-on-year, according to the Secretary General of the International Association "Trans-Caspian International Transport Route" Khaydar Abdikerimov.
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Azerbaijan’s national carrier AZAL and Israel’s El Al Airlines have announced a new partnership under a codeshare agreement, allowing passengers of both airlines to access joint flights, the carriers said in a statement on Sunday.
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