Smartree: Romania salaries in retail and IT up by 10 pct in H1

Newsroom 22/07/2016 | 13:01

The private sector salaries in retail & logistics and IT, as well as in private medical sector grew by 10 percent in the first half of this year compared with the same period of 2015. The  bonuses went up by 16 percent  in the same period. On the other side the oil and bank industries reported a reduction of salaries.

According to a study made by Smartree Workforce Index, the salaries had an increase of 8.89 percent even from Q1 compared with the same period of 2015, while in the Q2 was 10.93 percent compared with the same period of 2015.

“This increase was also determined by companies’ strategy regarding the employees. On an effervescent labor market, especially on segments such as IT, medical, auto, or other industries where there’s a deficit of specialists, the employers had to offer salaries and bigger benefits to keep or attract new employees, “ says  Adrian Stanciu, CEO of Smartree.

On the other side, the oil and bank industries had a decrease in this respect, determined firstly by a decrease in the oil barrel price and secondly, because of the legislative changes.

Moreover, the Smartree analysis shows how the number of employees increased in the private sector in H1. The companies seem to maintain their level of employees number. Taking this into account, the number of employees was constant in H1, growing less than 2 percent.

In addition, the value of bonuses offered by companies grew by 16 percent in H1 compared with the same period of 2015.

Georgiana Bendre

BR Magazine | Latest Issue

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

The October 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Globalworth Successfully Addressing Market Challenges From a Position
Newsroom | 26/10/2022 | 17:53

    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