Over the past decade, there has been a rapid growth of the BPO/SSC sector in Poland, which resulted from the development of existing companies and the emergence on the market of new business players investing in Poland. However, in recent times a new trend has emerged in the field, namely investors taking over existing operating…
Every person in Poland employed pursuant to an employment contract is entitled to exercise certain basic rights, including the right to remuneration and the possibility to take annual leave. If these rights are contravened, the employer may be financially penalized and in severe instance, their freedom may be restricted. The Polish Labour Code explicitly specifies…
88 percent of companies in Poland receive delayed payments from their business partners. This sometimes results from recession in the market, but sometimes the crisis is merely an excuse for delaying or even refusing payment. The very popular excuse among business debtors is “I haven’t paid, because another contractor did not pay me”. This way,…
Delays in payment are decreasing; so are the amounts the employers owe their crews. It is way better than a year ago, but according to the National Labor Inspectorate, the irregularity scale is still large. Latest research of the National Labor Inspectorate (PIP) shows that during the first seven months of this year, employers were…
Over one third of Polish companies declare that they experience delays in invoice payments – show the results of the First National Research on Circulation of Cost Invoices. The delays mainly result from the problems with financial liquidity, the large number of invoices and inappropriate invoice management practices. Delays in payments also result from low…
In the Eurobarometer research, Poland took the second place in entrepreneurship. In fact, 83% of the Poles take no enterprising action nor do they plan to start a company – as shown by a MillwardBrown SMG/KRC study, released today. High taxes, excessive bureaucracy and too much competition, do not inspire establishing a company. As the…
The average monthly gross wage in April was 3398.67 PLN, which means that it grew in the scale of the year by 3.2%, and fell in the scale of the month by 2.7% – as indicated on Wednesday by the Main Statistical Office. The average salary excluding payments from profit in April was 3397.01 PLN,…
The companies recognized, that the best way to cope with the crisis is to save on their employees, and ceased to pay the salaries. Whereas the governmental solution – which was to help get the funds for salaries – turned out unsuccessful. The Fund of Guaranteed Employee Benefits (FGŚP) had to pay twice the money…
Recovering debts on your own not only requires extensive legal expertise, but also takes time, necessary for carrying out actions related to debt collection. An entrepreneur who decides to carry out a vindication on their own must remember they would have to bear fixed costs associated with e.g. establishing additional work positions and paying salaries.…
