According to the survey, the increase in salaries of temporary employees was halted mid-year because of the country’s macroeconomic situation, after reaching 12% in the first quarter of the year.
„Employers reconsidered with the occurrence of the first rumors regarding a VAT increase and their priority was to keep production and operating costs at the same level. As taxation increased, the salary fund was kept unchanged from before the VAT hike. But what’s important is that hiring continued at the same frantic pace throughout the year,” Bogdan Florea, general manager of Trenkwalder Sibiu owned by Austria’s Trenkwalder, said in a press release Tuesday.
The biggest wage raises for temporary employees were registered in IT, administration and banking, while the lowest raises and no raises at all were reported in production.
Also as an effect of the value added tax, which was raised in July to 24% from 19%, employee bonuses will be lower than in 2009.
„We already know end of the year bonuses will be considerably lower than in 2009, but the good news is bonuses will be granted. Employers continue to make efforts to reward their best employees,” said Florea.
Trenkwalder has nine branches in Arad, Brasov, Bucharest, Cluj, Iasi, Pitesti, Oradea, Sibiu and Timisoara.
Austria’s Trenkwalder entered the Romanian market in 2006 when it bought local Sobis Consulting. The company, which is present in 20 countries, had revenues of over EUR1 billion last year.