written by Iulia BadanaNovember 17, 2020 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
written by Iulia BadanaNovember 17, 2020 In September, the state of the economy experienced the smallest growth of the year, at approximately 1%. While the number of available jobs increased by nearly 4%, salaries decreased by -1.5% compared to the same period last year. The indicator reflecting employee well-being continued to decline this month, with an
written by Iulia BadanaSeptember 10, 2020 The First Half of 2020: Major Changes in the Labor Market The first half of 2020 was marked by significant changes in the labor market, driven by the emergence and rapid spread of the SARS-CoV-2 virus in Romania. The state of emergency, established on March 16 and maintained until May
written by Iulia BadanaJuly 21, 2020 Background: Arggo Consulting, the local end-to-end enterprise solutions provider, Microsoft partner, awarded in 2016 for the best performance in the business solutions category, has reached over 140 customers and 50 employees in less than 4 years. Although the payroll process was outsourced, the activities specific to the HR department still
written by Iulia BadanaJune 25, 2020 Without generalizing the situation across the entire market, the data we have observed during this period show cases of salary reductions among partner companies, with higher percentages of decrease particularly among executives. According to our estimates, about 10% of the companies analyzed resorted to salary cuts, while approximately 10-20% accessed
written by Iulia BadanaMarch 2, 2020 Private Sector Salaries Stagnated Last Year, While Bonus Values Increased Slightly, on Average by 4% Compared to 2018 According to the Smartree Workforce Index, a tool for analyzing the Romanian labor market, in 2019, private sector employees received approximately the same salaries as in 2018, with slightly higher bonuses compared
written by Iulia BadanaApril 4, 2019 Smartree Romania, leader in the outsourcing of salary and personnel management services, with annual business of 17 million euros, appoints Alexandra Peligrad as Chief Executive Officer, starting April 3, 2019. Alexandra Peligrad has held for almost 10 years the position of Chief Financial Officer in Smartree Romania, being with the
written by Iulia BadanaJune 12, 2018 Smartree Romania, the HR outsourcing services market leader, with an yearly turnover of 14 million euros, has named Anamaria Borza the new COO, starting the first of July 2018. Anamaria was Smartree’s CTO for more than 6 years, position that will be filled by Eduard Pinzariu. Anamaria Borza has an
written by happyadminMay 18, 2018 The value of bonuses received by employees in the private sector has decreased by 68 percent in the first quarter of 2018, while wages decreased by 13 percent year-over-year, the Smartree Workforce Index, released by Smartree shows. Both trends are triggered by the uncertainty created by the legal changes, in particular
written by Iulia BadanaMay 2, 2018 According to an analysis by Smartree, one of the leading HR outsourcing companies in Romania, the country has a gender pay gap of 5%—significantly below the European Union average. However, age remains a major discriminatory factor in the local recruitment process, with only 40% of employees being over 55, compared
