Almost 80 pct of firms plan to keep jobs - report

Seventy-nine percent of companies in Poland plan to keep jobs, whereas 18 percent mainly small firms found difficulties with covering liabilities, according to July's study by the Polish Development Fund (PFR) and Polish Economic Institute (PIE).

In comparison with May, the percentage of firms planning to hold jobs increased by 1 ppt.

According to the study, for the first time since the start of the pandemic, more companies are planning pay increases rather than salary cuts, 14 percent and 12 percent, respectively, against 50 percent of companies which planned wage cuts at the end of March.

Problems with paying liabilities were reported by 27 percent of small companies and 8 percent of big firms.

PFR and PIE also said that 52 percent of respondents received the same salary at the beginning of July as before the pandemic.