Last year, privately-held companies in Romania raised employee wages by 4.5%.
“We noticed as a general trend that top management salary packages were higher, by an average 3%, and non-executive jobs saw their salaries increase by up to 7%,” says Oana Datki, country manager of Consulteam, Mercer’s representative on the Romanian market.
“Whereas last year one in three companies did not make any salary increases, the percentage was down to between 10% and 15% this year,” she adds.
The survey conducted by Mercer targeted 150 companies (90% of which are multinationals) which operate in sectors such as fast moving consumer goods (FMCG), production, heavy industry, car industry and IT.
“Salaries were increased this year for Cetelem employees, as well. There were general salary increases, applicable to all employees, based on their assessment results,” says Irina Stoian, human resource manager of consumer lender Cetelem Romania, which currently has over 920 employees.
Life insurer ING Asigurari de Viata also raised employee
salaries by 6%, similarly to 2010, after it suspended salary growth
in 2009.
The 6% growth targeted the overall wage budget, but most companies
gave raises based on employee performance.
The average net salary went up 3.5% in June this year against June 2010, to 1,472 lei (EUR347), according to data published yesterday by the National Statistics Institute. However, the average of net average salaries in the first six months of this year was 1% higher than the average of net average salaries in the similar period of 2010.
(EUR1=4.2342)
(English version by Daniela Stoican, Editing by Radu Bostan)