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Exploring Serbia’s lucrative job market beyond IT: Emerging trends and insights

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The realm of information technology (IT) undeniably boasts some of the most generously compensated positions in Serbia, with average salaries soaring above 200,000 dinars, as per official statistics and specialized job platforms. Yet, beyond the IT sphere, there exists a landscape of well-paying jobs across various sectors. Recent data underscores that, apart from IT, four other sectors in Serbia boast average salaries surpassing 100,000 dinars. Furthermore, there’s a noticeable uptick in salaries across diverse trade professions, as highlighted by insights from the Jobs Infostud platform.

MiloÅ¡ Turinski, the PR manager at Jobs Infostud, sheds light on the labor market dynamics in Serbia, emphasizing significant trends in salary levels and their consequential impact on the decisions made by both job seekers and employers. “When it comes to Serbia’s top-paying roles, the dominance of the IT sector is indisputable. From software engineers and IT managers to data analysts and specialists in artificial intelligence and cybersecurity, these roles command some of the highest salaries,” notes Turinski.

While the ascendancy of the IT sector comes as no surprise, Turinski asserts that high-paying opportunities extend beyond this realm. “Various trade professions, spanning construction and mechanical craftsmanship to plumbing, welding, and electrical work, are also witnessing an upward trajectory, with employers offering competitive salaries to attract and retain skilled labor. Additionally, roles in engineering and management across diverse sectors continue to offer lucrative earnings, with industries such as aviation, oil, and major corporations standing out for their robust compensation packages,” he elaborates.

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Turinski further observes a notable trend towards increased transparency in job advertisements. “While employers have historically been reticent to disclose salary details in job postings, there’s a discernible shift towards greater transparency, particularly for roles in high demand. This strategic move not only aids in talent acquisition but also enhances competitiveness in the job market. However, despite this trend, the proportion of job ads explicitly mentioning salary details remains relatively low,” he explains.

Official statistics corroborate these observations, revealing that the highest salaries in Serbia are concentrated in the information and communication sector, inclusive of IT. The average salary in this sector stands at 207,079 dinars nationwide. While salaries for individuals without basic education in this sector start at 68,691 dinars, the highest earners, typically the most educated, command an average of up to 250,924 dinars.

Beyond IT, several other sectors in Serbia boast average salaries exceeding 100,000 dinars, including mining, electricity and gas supply, financial services, and professional, scientific, and technical activities. These figures offer a multifaceted view of Serbia’s labor market landscape, where salary levels undoubtedly play a pivotal role in decision-making processes for both candidates and employers alike.

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