Almost 8 out of 10 employees in Romania (78%) are open to the four-day week model and believe that this is a very good time to adopt the shorter working week, according to a survey conducted by the BestJobs recruitment platform. However, 55% of employees are afraid of extending the program from 8 to 10 hours, a measure also imposed in this scenario. Almost 71% of employees consider that the 4-day work week would suit their current job and activity. However, 41% consider that the main disadvantage lies in the higher workload of the 4 days, due to the extension of working hours. At the same time, 45% fear that such a way of working, possibly adopted by the company for which they work, will put additional pressure on daily activities. On the upside, 70% of surveyed employees believe that a shorter working week would improve the work-life balance, while 68% think they would have more free time to prioritize mental and physical health. Other benefits include increased productivity at work (29%) and reduced risk of burnout (25%). According to the same survey, half of the employers would see it as possible to run their company with a four-day, 10-hour working program, and 60% believe that this is a good time to switch to the short working week. Even so, opinions are divided on the effects. Thus, 25% consider that the running costs of the company would decrease, but they also see the risk of reducing the volume of work done. When it comes to the proposal's effects on employees, 1 in 4 employers consider that they would be happier due to the extra day off, but 12% fear that this program could quickly lead to exhaustion due to the increased workload in a day's work. The survey was conducted between March 2 and March 24 on 1,113 internet users in Romania.
Judge Lia Savonea has been appointed president of the High Court of Cassation and Justice, Romania’s top judicial authority, following a vote by the Judges’ Section of the Superior Council of Magistracy (CSM), Hotnews.ro reported on June 23. Savonea received...
Romania's new government is weighing the introduction of a temporary tax on what it terms the "excessive profit" of banks, according to the ruling strategy confirmed by minister of finance Alexandru Nazare and cited by Economedia.ro on June 23. The measure is expected to generate...
Romania’s new government plans to repeal the current regulation requiring state-owned companies to distribute the majority of their annual profits as dividends, according to the official ruling strategy signed by the four-party coalition. Instead, profits generated by state-owned energy companies will be reinvested through a newly established energy investment fund,
Romania’s planned increase in the dividend tax rate from 10% to 16% is expected to generate RON 3.6 billion (EUR 720 million) in annual revenues, finance minister Alexandru Nazare said on June 23 following his hearing before the expert committee in Parliament. “Yes, it is an annualised amount for next year, with an impact of […]
Romania’s new government, backed by the four pro-Western parties in Parliament holding a majority of 65%, has not published its ruling strategy, while versions of it have leaked to the media, providing a broad image but not very specific details. Notably, the strategy is expected to incorporate the elements outlined in the updated fiscal plan […]
Romania's new government, headed by prime minister Ilie Bolojan and backed by the four pro-Western parties in Parliament, was endorsed with a majority of 65% of the votes (301 of 465 MPs) and already held its first meeting on Monday, June 23, according to Hotnews.ro. The endorsement...
