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The gross wages in Romania’s private sector increased by an average of 9.4% in 2019, over estimates

Autor: Financial Market
Timp de citit: < 1 minute

The gross wages in private companies increased by an average of 9.4% in 2019, according to PayWell Salary and Benefits Survey conducted by PwC Romania. The salary increase reported for 2019 exceeds the level of 4.6% estimated for this year by the respondent companies in the previous edition.

For 2020, private companies are estimating a 5.7% average gross wage increase. The highest average wage growth in 2019, of 14%, was recorded for the hotel sector. Also, increases over the average of all sectors included in the survey were reported by industry + 11%, leasing +10% and retail +10%.

According to Paywell 2019, the average gross salary among respondent companies rose to RON 5,941 from RON 5,428 in 2018. In terms of staff categories, continues the tendency to increase at a faster rate of wages
among unskilled or low-skilled personnel (workers, operators), on average 10%.