This phenomenon is felt mainly in the IT and retail sectors, which are in full swing in Romania, but which could see a halt in their development due to a lack of workforce. Recruitment experts say this situation gave birth to a direct method of staff recruitment from rival companies, which led to an increase in wages.
The financial-banking and insurance sectors are at the opposite pole, as wages in these two sectors saw a slight increase.
According to Smartree Workforce Index, wages rose on average 8% in the third quarter of 2016, compared with the same period a year ago. By comparison, the third quarter of 2015 saw an increase of only 3% on the same tier of the Index, compared with third quarter of 2014.
Moreover, despite a high demand for new employees, the number of employees rose by only 7% in the third quarter of 2016, compared with the same period a year ago, versus an increase of over 10% in the similar quarter of 2015 vs 2014. This is due to a lack of candidates on certain market segments, according to Smartree CEO Adrian Stanciu.
Retail and shared service centers are the industries reporting the highest employment levels.