The earnings of top managers in private companies are 11,4 larger than the average salary in Romania, as calculated by the National Statistics Institute. A manager's gains reach over 3,500 Euro a month, according to the "PayWell - Salary and Benefits 2007" research authored by the PricewaterhouseCoopers.
The latter research is based on data in April 2006-April 2007. 1,027 RON is the average salary for April 2007, the National Statistics Institute says. Ruxandra Stoian, head of the consulting and human resource department of the PwC explained in yesterday's press conference: "We can notice a stabilization of the market, as in 1997-2000 the salaries of top management employees were about 20 times better than the average wages". The report mentions the salaries of experts employed by private companies are 3,1 times the average gaining. (...)
The research is grounded on interviews with 187 private companies on foreign capital, in 11 different fields: pharmaceutics, industry, IT, consume products, retail, banks, cars, distribution, agriculture, outsourcing and insurance. They employ a total of 150,000 people. Most companies participating have got business of over 10 million Euro. The PwC staff mentioned these companies were not representative for the entire market. (...)
Alina Stanciu
Ziua Vineri 21 Septembrie 2007 http://www.ziua.net/english
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