Romanian private sector wages up 7 pct on average in H1, says Smartree

Ovidiu Posirca 04/08/2017 | 12:11

HR outsourcing consultancy Smartree says that wages in the private sector rose by an average of 7 percent in the first half of this year compared to the same period of last year, mainly due to the increase of the minimum wage and possible negotiations between companies and employees.

The biggest increases in pay were recorded in the car parts manufacturing industry, pharma and software development, according to the Smartree Workforce Index. The number of employees grew on average by 13 percent in the same period on the back of the positive development of the economy.

“The industries in which employment was flat in the first half of the year we have textiles, constructions materials or financial services,” said Adrian Stanciu, CEO of Smartree.

The index further shows that Romanian employees took more days off and got more bonuses in the first half of the year.

The index is based on a survey of over 200 firms with a combined turnover of over EUR 2.5 billion.

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Ovidiu Posirca | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue