Russian companies have been offering lower salaries and posting fewer openings for senior management positions this year. According to a joint study by the job portal hh.ru and the consulting firm FAVES, the median monthly salary offered to chief executives between January and September 2025 amounted to 163,800 rubles (about €1,764). This figure represents the nationwide median — meaning that half of all job listings for general directors offered less than that amount, and half offered more.
Compared with the same period a year earlier, the median salary fell by 7%, signaling a moderation in compensation at the upper end of the labor market. The number of available executive positions also declined: researchers identified just under 6,000 vacancies for CEOs during the first nine months of 2025, a 6% drop from the previous year.
Analysts suggest that the decline reflects a broader slowdown in corporate expansion and investment, as firms focus on cost control and operational efficiency amid economic uncertainty. For many companies, restructuring efforts and tighter budgets have reduced the need for additional top-level hires.
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