Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Analysis : The extra-salary benefits offered to the employees...

Analysis : The extra-salary benefits offered to the employees dropped by 95% in 2020

December 23, 2021

The types of extra-salary benefits offered to employees, as well as massage and office lunches dropped by 95% in 2020 against 2019, while this year, until the present moment, they were not offered at all, shows an analysis published on Monday by Mazars, a consultancy company. ‘If we refer to the evolution of benefits packages over the last year, we see (…) the disappearance of some types of benefits offered to the employees before the pandemics, as well as massage and office lunch. This fact is due, mainly, to the implementation of the working programme in remote work style or home work. Thus, in 2020, the drop was of 95% as compared to 2019. In the period January 2021 – present these benefits were not offered at all. The diminution of certain packages of bonuses, such as gym subscriptions and Christmas parties. We can say that the Covid-19 pandemics and the closing down of gyms during certain periods had an impact on the sporting and recreational activities as well. 2021 recorded a drop by another 40% against the values registered in 2020’ mention the Mazars consultants.Other elements which affected the income of the employees are connected to the diminution of certain benefits (lunch vouchers and supplementary pensions) and the increase of certain salary benefits packages (health insurance, life insurance).    ‘If at the beginning of 2019, life insurance was the most rarely met benefits in companies, at the end of 2020 there was an increase by 50% against 2019. As regards dates registered in 2021, the value of health insurances increased by 17% against the values registered in 2020, while the sums for life insurance doubled against the values registered in 2020’ the specialty analysis says.At the same time, an accelerated growth was registered in the case of actions offered by the companies to their own employees. Thus, in 2020, there were offered higher sums by 23% against the previous year, and in 2021 by 70% more shares than in 2020.'Although it is still a topic debated in the public space, the way in which we are going to work in the future will be completely different from the one we were used to before the pandemics. As 75% of the employees interviewed by Gartner stated they expected a flexible working time, most companies incorporated this flexibility in the list of benefits. Employers who will insist on office work only, will have to manage resignations of 40% of the employees, who expressed their intention to leave the employers who will not integrate the remote working time or hybrid system. Including employees who work in retail expressed their desire to choose their working time in shifts, instead of being imposed, which will place a lot of pressure on the big players in the sector. Similarly, the pressure of adapting the working time to the necessities of the employees is felt in the sector of constructions, as well as in the telecom sector’ the Mazars consultants say. A Salesforce study shows the fact that 59% of the interviewees consider the hybrid working method as an advantage for the welfare of the employees as a result this is a benefit which is wanted by the employers.Mazars is an international partnership which offers integrated services of audit and accountancy, financial, judicial and fiscal consultancy, with operations in over 90 countries and territories.In Romania, Mazars has an experience of over 25 years in audit, fiscal, financial, accountancy services, and HR and salary payment.  

Read in full - click here
Bucharest Sculpture Days explores identity and the body at 2025 edition

The 2025 edition of Bucharest Sculpture Days opens on April 26 with a new theme that places the human body at the center of contemporary artistic debate. Titled #celălaltcorp (the other body), the exhibition explores how identity, trauma, politics, and technology reshape the understanding of the body in modern society, the organizers said. Running until […]

Romania’s Cluj County sees over 2,200 applications for new electronic ID cards in one month

More than 2,200 applications for the new electronic identity cards have been submitted across Romania's Cluj County in the last month, according to an announcement from the Cluj County Council.  Between March 20 and April 20, a total of 2,219 applications were recorded at public community services across the county. The Cluj-Napoca office received the […]

Romania set to begin construction on first road bridge over Prut River to Moldova in 35 years

The construction of the first road bridge over the Prut River built in the last 35 years, connecting the Republic of Moldova to Romania, is set to begin this Saturday, April 26, in Ungheni. The bridge is part of the future A8 motorway that will connect Chişinău to Iaşi and Paşcani, and further on will […]

Romanian Govt. to decide this week on declaring national day of mourning for Pope Francis

The Romanian government is expected to decide this week whether to declare Saturday, April 26, a national day of mourning in memory of Pope Francis, who passed away at the age of 88. According to Euronews Romania, the proposal will be discussed and approved during the upcoming cabinet meeting scheduled for Thursday, April 24. The […]

Polymarket predicts Romania’s ruling coalition wins presidential elections

American cryptocurrency-based prediction market Polymarket, a platform where investors can place bets on various future events, predicts that the candidate of the PSD-PNL-UDMR ruling coalition in Romania, Crin Antonescu, is likely to win the presidential elections with his odds at 36%. As regards the first round, Polymarket predicts far-right candidate George Simion (AUR) would dominate […]

Poll shows Romanians want progressive income taxation and euro adoption

Some 51% of the Romanians say they are in favor of progressive taxation of salaries and accession to the euro. Meanwhile, 44% agree with reunification with the Republic of Moldova, according to a recent survey conducted by AtlasIntel for Hotnews.ro. According to the poll, only 4% of Romanians agree with Romania's exit...