Madalina Racovitan, Tax Partner, Head of People Services at KPMG in Romania, will be the moderator of the Opening Panel at BR’s upcoming Working Romania HR Conference. The opening panel, titled “Keeping an eye on the #futureofwork” is scheduled on November 18, starting with 10 AM.
Madalina Racovitan joined KPMG in 1999. Over the years she has been involved in projects focused on personal taxation, developing over a period of several years the Global Mobility Services (GMS) team within KPMG Romania. Madalina has coordinated numerous tax assistance projects for the oil, electronics, software, food and beverage industries. Currently, she is coordinating a broader area of services within KPMG, called People Services, which combines international mobility services (Global Mobility) with payroll (Payroll Outsourcing), employment law (Employment Law) and human resources advisory (Human Resources Advisory). As a Partner, Mădălina is in the right place to further develop the services offered by KPMG in order to anticipate clients’ needs in these uncertain times.
“I believe in the potential that KPMG’s integrated People Services offer to clients in Romania, as they bring together KPMG specialists from various fields, such as tax consultants, employment lawyers and HR consultants, who collaborate and develop new services and products to help clients manage their human capital challenges.” Says Madalina Racovitan.
In June this year, KPMG in Romania has released the sixth edition of its “Guide on Posting of Workers” which included valuable and detailed information on the changes brought by the new Posting Directive in EU member states, a subject which Madalina will explore with the speakers in the Opening Panel.
“The main change is that posted workers are no longer entitled merely to a minimum wage, but to a remuneration equivalent to that received by a local employee. This may have a significant impact on employer costs, especially in those countries where remuneration is set through different collective bargaining agreements. For example, in the case of employees posted from France to Romania, the French employer will have to provide these people with at least the minimum wage set at national level in Romania, i.e. 2,300 lei for employees without a university degree, 2,350 lei for people with a university degree, or 3,000 lei for people working in construction. On the other hand, in the case of employees posted from Romania to France, the Romanian employer will have to ensure a salary of approximately 1,554 euros, which is the national minimum wage in France, or, if there is a collective labor agreement applicable to that industry, the income specified in this agreement for employees in that category. For example, in the case of construction, the remuneration applicable under the collective agreement for this industry in France may be up to 3,140 euros, depending on the experience of the employee. The main purpose of this guide is to help employers understand the general principles around posting of workers, as well as the changes made to the legislation governing postings, so that they will be better able to properly plan the activity of their workforce.” Explained Madalina Racovitan on the occasion.