Austrian and German companies say they will raise salaries by 8% this year -
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News » January, 2011 » 27 January 2011

Austrian and German companies say they will raise salaries by 8% this year
27.01.2011, 00:09 | HR Careers Education | 790 views

Over 1,000 German and Austrian-held companies present on the Romanian market said they would increase salaries by an average 7.9% this year, show the results of a survey conducted by Austrian executive search company Kienbaum conducted in April-August 2010.

On the other hand, research from the local subsidiary of Kienbaum, which also included another 73 companies in its survey shows that Romanian employers in fact intend to boost salaries by 2.7 to 3% this year, but that the real growth would not be felt in Romanians' pockets, considering that inflation has remained high (at over 7.9% currently).


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