Factors of Differences in the Highest Wages of Employees in the Slovak Republic (2020 vs. 2010)

Abstract

The article offers the results of statistical analysis of data on the highest wages of employees in the Slovak Republic in 2020. Descriptive analysis of sample data is supplemented by generalizing the results to the population of all employees whose salary exceeds the 99th percentile of the sample, by selected methods of statistical inference, which are probability models of the highest wages and analysis of variance. The analysis focuses on assessing the significance of the impact of selected demographic and social factors on the highest salaries of employees in SR in 2020 and their differences. The investigated factors there are gender, level of education, region of residence, the label of occupation, and age category. The article also focuses on inequalities in the number of employees at different levels of the monitored factors. The obtained results of the analysis are compared with the results of similar analysis from 2010.