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On Labour and HR

On Labour and HR. Valentin Pauna. How much does it cost a day’s labor in Romania ?. 300mio EUR (66% GDP:254 days) How does this compare? [e.g. CH 500mio EUR per workday] GDP/ worked hours index. Valentin Pauna. YOY GDP growth real - election years highlighted.

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On Labour and HR

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  1. On Labour and HR Valentin Pauna

  2. How much does it cost a day’s labor in Romania ? • 300mio EUR (66% GDP:254 days) • How does this compare? • [e.g. CH 500mio EUR per workday] • GDP/ worked hours index Valentin Pauna

  3. YOY GDP growth real - election years highlighted Est. 2012 World Bank 2% (vs. 2.5% PY) Valentin Pauna

  4. Avg monthly net salary - both nominal and adjusted for inflation • 72% overall • 43% between 2008 - 2005 • -4% 2011 vs. 2008 real terms • Election years? • In real terms 7% 2004 vs PY • 15% in 2008 Valentin Pauna

  5. Decrease tax on labour Low occupation rate 59% vs 66% EU Disclaimer: all figures before the census High employment taxes at 44% (for all in 2,000 RON p.m.) Valentin Pauna

  6. 90’s Setting up HR Valentin Pauna

  7. Late 90’s – early 2000 Getting local Valentin Pauna, Human Resorces Director

  8. Mid 2000 Getting ready for EU Valentin Pauna

  9. 2008 Living with crisis Valentin Pauna

  10. To From Forward looking.. Hiring and firing & Managing employment risk Give a sense of purpose & Workforce alignment Valentin Pauna

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