The good results were made possible by the enforcement of the new Labor Code, which encourages temporary work. The new legislation provides for more cases when a company may use temporary workers, the extension of the temporary employment contract (from two years to up to three years) and flexibility about the number of times such contracts may be renewed.
“The market grew as a result of the export rebound and of production volumes last year. Given the uncertainty of orders, employment was done via temporary work agencies,” said Florin Godean, country manager of Adecco, the second largest company on the HR services market, with EUR36.7 million in revenue in 2011.
Romania’s exports totaled EUR45.01 billion last year, up 20.5%, helping the economy grow and therefore creating jobs, especially temporary ones.
Manufacturing companies like Dacia, Continental, Delphi, Celestica, Leoni, ArcelorMittal and Flextronics are among the top employers of temporary workers on the local market.
Personnel leasing generated most of the growth on the market, considering the employers using temporary workers pay their wages via the agencies that lease them. Their wages are part of the spending budget of such agencies and implicitly of the revenue.
About 50,000 people are working on temporary positions out of the 4.2 million salaried employees of the country and almost 10 million employed people.
“I anticipate growth across the industry for this year though not as spectacular as last year’s,” Godean said.
Whereas 3,000 Romanians worked temporary jobs in 2004, the number of such employees should double from the current 50,000 in four or five years’ time, the largest agencies leasing temporary workers say.
The market leader in 2011 was Lugera & Makler again, with EUR40 million in revenue, up 20% on 2010. The company has diversified in the past year, creating new divisions such as travel, outsourcing and brokerage.
“Outsourcing as part of the services provided by temporary work agencies is a natural step in their development. While with temporary work we only undertook to provide the staff, with outsourcing Adecco undertakes its management based on performance indicators,” Florin Godean added.
The highest revenue growth last year was Manpower group’s, over 40%, to EUR26.5 million.
The strong expansion of the temporary employment segment into banking and telecom will drive the company’s revenue beyond EUR30 million, its officials say.
(English version by Loredana Fratila-Cristescu)
Top companies on human resources services market| No. | Company | Revenue (millions of euros) | Net profit (millions of euros) | Number of employees | |||
| 2011 | 2010 | 2011 | 2010 | 2011 | 2010 | ||
| 1 | Lugera&Makler* www.lugera.ro | 40.8 | 34.08 | 0.68 | 0.75 | 4,150 | 3,778 |
| 2 | Adecco** www.adecco.ro | 36.75 | 30 | 0.64 | 0.52 | N/A | N/A |
| 3 | Manpower Romania www.manpower.ro | 26.5 | 18.7 | N/A | N/A | N/A | 2,000 |
| 4 | Trenkwalder www.trenkwalder.com | N/A | 19.8 | N/A | N/A | N/A | 4,200 |
| 5 | APT*** www.apt.ro | 13.6 | 12.15 | N/A | 0.1 | 1,148 | 1,070 |