Salaries at Broker Cluj down 40% - 27 Aug 2008

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The average salary of an employee at Broker Cluj, the only brokerage company listed on the Stock Exchange, fell by 40% in the first half of the year against the first half of 2007, according to financial data published by the company.

The reduction in the brokers" incomes was caused by the decline in the volume of shares traded on the Stock Exchange amid a drop in share prices. The average monthly salary-related costs for a Broker employee amounted to around 1,900 RON (530 euros), compared with...

Read the whole story in: Ziarul Financiar