AcasăEurope NewsPrivate sector pre-tax wages up by 12% on average this year in...

Private sector pre-tax wages up by 12% on average this year in Romania

Published on

Private sector pre-tax wages increased on average by 12 percent this year, the highest rate in the last 15 years, amid companies’ efforts to offset the record-high inflation, but also in the context of a highly competitive labor market, shows the PayWell 2022 wage and benefits survey conducted by PwC Romania, according to Agerpres.

For 2023, private companies anticipate a 9.3 percent average increase in gross wages.

According to the responding companies, the average wage increase was highest in the insurance sector, by around 18 percent, followed by retail with 16.6 percent, service centers with 11 percent, the pharmaceutical industry with 10.5 percent, banks with 10.5 percent, technology with 9.3 percent, and industry with 6.6 percent.

The technology sector stays on top with the highest average wage incomes, followed by leasing, service centers, industry, banks, the pharmaceutical sector, insurance and retail.

The PayWell Romania 2022 wage and benefits survey covered more than 180 companies operating in industry, banking, pharmaceuticals, retail, IT&C, BPO, insurance and leasing.

Agerpres

Latest articles

Romania is a stable and predictable country, an opportunity for successful diplomatic action (PM Ciolacu)

Romania is a stable and predictable country, which offers our country the opportunity for...

Romania can become regional actor in energy, US Sec of Energy Granholm tells Senate’s head Ciuca

Romania has a "huge" energy potential and can become an important regional actor in...

Euro trades at 4.9704 RON

The exchange rate of the national leu currency resulting from the quotations announced on...

Lifting of Schengen land border controls remains a priority for Romania, says President Iohannis

President Klaus Iohannis declared on Wednesday that Romania's joining the Schengen border-free zone by...

More like this

Romania is a stable and predictable country, an opportunity for successful diplomatic action (PM Ciolacu)

Romania is a stable and predictable country, which offers our country the opportunity for...

Romania can become regional actor in energy, US Sec of Energy Granholm tells Senate’s head Ciuca

Romania has a "huge" energy potential and can become an important regional actor in...

Euro trades at 4.9704 RON

The exchange rate of the national leu currency resulting from the quotations announced on...