Most companies in Romania (75%) point to the fact that they have adjusted or will adjust wages to account for inflation or by a percentage between the rate of inflation and the initially planned growth, the average being 9.4%, while the rest have decided to maintain the payroll increase budget established in 2021, reveal the results of the HR Barometer conducted by PwC Romania.According to the survey, 41% of companies have revised upwards their salary increase budget, but not enough to compensate for the loss of income caused by inflation, a quarter have adjusted or will adjust wages with the level of inflation for all employees, and 9% have adjusted wages with inflation only for certain categories of employees.The average inflation rate to which the responding companies refer when adjusting the budget is on average 8.2%, although data from the National Institute of Statistics (INS) show that the inflation rate reached 14.5% in May, the highest in the last 19 years in Romania. In the same context, the most recent inflation forecast of the National Bank of Romania (BNR) for the end of this year is 12.5%.The PwC report shows that the largest increases in the total salary budget in 2022 vs 2021 are in the consumer goods/distribution sector (+ 13.6%), in financial services (banks, leasing, IFN - 12.8%), and in the energy sector (+ 10.3%). The insurance sector (+ 5.6%) and the pharma sector (+ 6.4%) are at the opposite end, with the lowest salary budget increases.In terms of personnel turnover, most companies do not report significant changes in the first half of the year, and 36% plan new hires in the third quarter.According to the survey, half of the companies intend to apply a hybrid work model, according to certain imposed rules (minimum number of days at the office, clearly established schedule), the collaboration between employees being the main reason mentioned for the importance of returning to the office. Thus, of the companies that apply hybrid work, 66% say that in the long run their employees will work exclusively or mostly from the office.Also, 37% of the total respondents will leave the choice to each team/employee, and 9% will apply the permanent activity in the office, mandatory for all employees. Only 11% of companies allow teleworking from abroad, based on a defined policy.The HR Barometer survey was conducted by PwC from June 27 to 29, 2022, based on information provided by over one hundred participating companies in IT&C, BPO, Industrial Products, Energy (Utilities/Petroleum Products), Pharmaceutical/Medical, Financial Services and FMCG/Retail. Over a quarter (27%) of the responding companies have between 1,001 and 3,000 employees, a similar share between 101 - 500 employees, 19% under 100 employees, 16% between 501 - 1,000 employees, and 12% over 3,000 employees.PwC is a network of companies present in 156 countries, with more than 295,000 professionals providing services in the field of audit, tax consulting and business consulting.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
