Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Analysis: Almost a third of Romanians do not...

Analysis: Almost a third of Romanians do not think they will stay at the same job until they are 60

December 21, 2023

  A percentage of 31% of employees in Romania expressed doubt that they will be able to keep their current job or a similar one until the age of 60, 4 percent above the EU average, according to the latest report of the European Agency of Safety and Health at Work*, analyzed by the Executive Search company Arthur Hunt Romania. These figures rank Romania at the bottom of the European Union.   In comparison, in Portugal, only 16% of employees believe that they would not be able to maintain the same career path until the age of 60, in Germany 17%, and in Italy 21%.   At the opposite pole are France and Slovenia, where 44% of French and 43% of Slovenians see themselves in a different job than their current one in the future. The reasons underlying these doubts are multiple. There are pressure factors that generate negative psychological effects, even among executives, such as: chronic stress, tension, lack of control, lack of social support and professional unfulfillment. In this context, many Romanian employees are even considering professional reorientation as an option.   „Reports show an increase in the risk of employee mental health deterioration, and the effects of this are very difficult to measure or estimate. On the other hand, more and more organizations include in their HR strategies plans for transformation and adaptation to new realities, with clear objectives aimed at retaining talented and productive employees, reorganizing for increased efficiency and developing new skills to facilitate adaptation to changes. It would be ideal if these companies, through their leaders, put more emphasis on the mental preparation of the teams“, said Sorin Roibu, Managing Partner of Arthur Hunt Romania. At the same time, the latest geopolitical developments and the current, unpredictable socio-economic context bring with them additional pressures in organizations. The perception of the business environment from the beginning of the year changed in the middle of it. From the stage of “recovery” after the pandemic, we moved to “precaution”, from “recruitment” to “restructuring” – and from “development” to “stabilization”, point out the specialists in Human Resources and Executive Search at Arthur Hunt Romania.   The economic and social challenges will continue in the coming months, according to the Arthur Hunt Romania analysis. The fiscal updates bring major changes to several key sectors of the economy. In the IT field, 2024 could see a limitation in salary growth or recruitment. Also, the real estate sector, as well as the banking sector, could encounter difficulties due to a possible slower pace of civil constructions, which could limit the access to credits.   Major transformations are also taking place in the international economic environment, and this could bring Romania opportunities, by relocating the operations of European or global organizations to our country, but also by developing new businesses, especially in the consumer goods sector, automotive and even aeronautical, which would have a positive impact on the national economy.

Read in full - click here
Report: Demand for logistics and industrial spaces shows 20% decline YoY in Romania

The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of this year, a decrease of 20% compared with the same period of 2023, according to a report by real estate consulting company Cushman & Wakefield Echinox.  The figures for Q3 2024 reveal that 164,000 square meters were contracted, a […]

Renowned violinist and conductor André Rieu to perform in Cluj-Napoca in 2025

Dutch classical music star André Rieu will return to Romania for two concerts at BTarena in Cluj-Napoca on November 13 and 14, 2025. Rieu’s concerts in Romania, where he enjoys a high degree of popularity, have set multiple attendance records. In 2015 and 2016, he performed nine sold-out shows in Bucharest’s Constitution Square for over […]

Rammstein frontman Till Lindemann to perform in Romania in December 2025

Till Lindemann, the frontman of famous German rock band Rammstein, will embark on his "Meine Welt" tour across European arenas in the fall of 2025. Among his stops he is scheduled to perform in Romania on December 4, 2025, at Romexpo in Bucharest, as announced on his official website.  The "Meine Welt" tour will take […]

HR Summit 2024: The influence of innovative technologies on recruitment and retention in Romania

HR Summit, one of the most important events dedicated to the human resources industry in Transylvania, will take place under the theme Shifting Priorities: Talent, Technology, and Trust, on Friday, November 22, at Radisson Blu Hotel in Cluj-Napoca. This year's edition of HR Summit focuses on leadership, employee well-being, the introduction of innovative...

Impact Creators: 14 CEE startups selected in the accelerator, including from Romania

Fourteen Central and Eastern European startups (CEE) have been selected for the first edition of the Impact Creators accelerator, Impact Hub Bucharest and PurposeTech announced. The application period attracted 133 proposals from 18 countries. The startups will participate in an intensive program to accelerate their businesses, which will end with a Pitch Day. The most […]

Romanian cosmonaut Dumitru Prunariu shares his space journey at MINA Cluj event

The immersive art museum MINA Cluj will host a special event featuring Dumitru Prunariu, the only Romanian who flew in space. Scheduled for November 24, the event will give the public the opportunity to hear the stories directly from the one who represented Romania in the Soyuz 40 mission in 1981, carried out as part […]