Salary growth in 2023 is on the employers' agenda, with only 16% stating that wages will stagnate. On average, these increases are expected to be around 10-15%, depending on the industry and additional factors such as individual performance, level of responsibility and seniority. Employee expectations for salary increases are higher, with most employees hoping for increases of between 15-20%, especially due to the rate of inflation.
Recruiting Trends 2023 | Hays Romania
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of employees consider satisfactory a salary increase to be between 15-20% in 2023
Expected rate of salary change in 2023
3% Increase by 20% or more
9% Increase by 15% to 19.9%
22% Increase by 10% to 14.9%
34% Increase by 5% to 9.9%
10% Increase by 2.5% to 4.9%
5% Increase by up to 2.4%
16% Stay the same
37% Increase by 20% or more
25% Increase by 15% to 19.9%
21% Increase by 10% to 14.9%
9% Increase by 5% to 9.9%
3% Increase by 2.5% to 4.9%
1% Increase by up to 2.4%
3% Stay the same
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A YEAR OF STRONG SALARY PRESSURE AND SKILLS SHORTAGES
Retention and attraction will continue to be difficult in an environment marked by wage pressures and skills shortages in most industries. We estimate that many organisations will focus on rebuilding teams, developing businesses or expanding locally or internationally. Regardless of direction, all of these objectives require specialised and qualified personnel, so organisations will conduct multiple recruitment processes.
of employees declared satisfied with their job
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HYBRID WORK AND FLEXIBILITY ARE NON-NEGOTIABLE
Last year outlined the preferences of employees regarding the optimal working model, with most preferring flexibility - a balanced balance between time spent in the office and time spent working from home, from their own comfort. Returning to the classic 8 hours per day office work model is not on the list of employee preferences. Employee preferences align with the plans of many organisations. They're happy with the success of the hybrid model based on results and increased employee satisfaction, so have no plans to change it this year.
of employees would not accept a solely office based working model
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WHAT ARE THE CURRENT SALARY TRENDS?
Download Hays Romania Salary Guide 2023. Discover key labour market trends by industry, salary levels for more than 180 qualified jobs for 2023, based on the expertise and knowledge of expert consultants. The survey is based on data provided by more than 400 employers and professionals.
For more on the guide or a version tailored to your specific needs, please get in touch.