By calculating the average salaries in the companies that have the highest salary budgets in Romania, ZF has revealed one of the companies’ best kept secrets. The highest paid employees in Romania’s economy work in the services business, which attracts highly educated and more productive people.
“Historically, the banking industry pays higher salaries than the national average because our employees’ level of education is higher. We do not hire people who are not college graduates,” says Andreea Voinea HR Executive Director with BCR.
“Moreover, banks have hardly hired fresh graduates in the past few years, they chose experienced people whose salary packages are higher. BCR’s more than 6,000 employees earned almost 5,400 lei (EUR1,200) in net amount per month in 2015.
Four banks – ING Bank, BCR, Banca Transilvania and UniCredit Bank, and three IT companies – IBM, Oracle and Ericsson Telecommunications, are among the ten employers with the highest average salaries.
They pay their employees three to almost ten times the average net wage in Romania. While Romatsa pays an average of RON17,661, 9.6 times the average wage in Romania in 2015 (about EUR1,850), Nuclearelectrica pays 3.9 times that (RON7,211), while ING Bank pays 3.8 times more (RON7,137) than the national average. (EUR1=RON4.5037)
(English version by Loredana Fratila-Cristescu)