In August, the state of the economy grew by 3.34%. Salaries increased by 2%, and the number of employees rose by 5% compared to the same period in 2019.

However, employee well-being experienced a decline of -16%, driven by a significant drop in benefits provided by employers, which fell by nearly 36%. August marks the fifth consecutive month in which the value of employee benefits has decreased. The number of vacation days, the second indicator directly correlated with employee well-being, increased for the first time this year, by nearly 3%.

Check out the Smartree Workforce Index August 2020 infographic below:

SMARTREE WORKFORCE INDEX – is a study conducted by Smartree Romania, based on the analysis of anonymized and aggregated data processed during payroll, considering over 250 partner companies from various industries such as retail, pharma, medical services, automotive, construction, industrial production, oil & gas, agriculture, insurance & financial services, and logistics.