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
Head of Romanian Orthodox Church highlights “united voice of Christians” in message to pope Leo XIV

The Patriarch of the Romanian Orthodox Church, Daniel, congratulated Pope Leo XIV for succeeding Pope Francis on Thursday, May 8. He expressed confidence that the new pope will continue to promote "the spirit of dialogue, peace, and cooperation between the Roman Catholic Church and the Orthodox Church." "In a world facing multiple spiritual, economic, and […]

Organizers of Romania’s Untold festival offer RON 150 voucher for voters

The organizers of the Untold festival announced they will offer a RON 150 (EUR 30) voucher toward the purchase of a festival pass to anyone who votes on May 18, during the second round of the presidential elections. In an online message, Untold representatives emphasized the connection between civic participation and the future of every […]

Bucharest's Open Streets program brings vintage cars, shows, lights festival this weekend

The Open Streets program, which sees the city's major arteries close for car traffic and become pedestrian areas, returns this weekend with a program of exhibitions, concerts, and a Festival of Lights. On Saturday, May 10, at 2:00 p.m., the public is invited to the Made in Romania exhibition, which presents a selection of civilian […]

Stimulating exports eases deficits, Nobel-awarded economist Joseph Stiglitz says at event in Romania

Joseph Stiglitz, the famous economist and professor at Columbia University in New York, and winner of the Nobel Prize in economy in 2001, told an audience in Cluj, Romania, that governments must stimulate exports and key sectors when facing deficits.  Stiglitz was in Romania on Thursday, May 8, to receive the title of Doctor Honoris […]

Romania's Constitutional Court validates results of presidential elections' first round

The Constitutional Court unanimously validated on Friday, May 9, the results of the first round of the presidential elections.  It also rejected as unfounded a request to annul the elections filed by Sebastian-Constantin Popescu, the presidential candidate of the New Romania Party, it announced. The runoff, set for May 18, will see ultranationalist leader George […]

Olea - Middle’terranean breeze seasonality reopens with an elevated dining experience

Bucharest's culinary scene welcomes back OLEA, the JW Marriott Bucharest Grand Hotel's celebrated Mediterranean destination, now reimagined with a fresh concept that blends authentic coastal flavours with contemporary sophistication. Following an extensive transformation, OLEA reopens its doors to offer guests a refined journey through the Mediterranean's sun-drenched culinary traditions, right in the heart of Romania's […]