PwC Romania Survey: 65% of companies didn’t apply measures to reduce employee costs in the first two months of the state of emergency

Two thirds (65%) of the responding companies didn’t have to apply measures to reduce employee costs in the two months of the state of emergency, according to the HR Barometer conducted by PwC Romania in May. Cost-cutting companies have adopted… Read morePwC Romania Survey: 65% of companies didn’t apply measures to reduce employee costs in the first two months of the state of emergency

PwC survey on the impact of COVID-19 on businesses: 37% have fully or partially interrupted activity, 27% will definitely apply for technical unemployment

37% of companies surveyed have fully or partially interrupted their operations after declaring the state of emergency due to COVID-19 pandemic and 20% have reduced their activity, according to the PwC Romania HR Barometer conducted by PwC Romania at the… Read morePwC survey on the impact of COVID-19 on businesses: 37% have fully or partially interrupted activity, 27% will definitely apply for technical unemployment

PwC survey on the impact of COVID-19 on business: 18% of respondents estimate a decrease of revenues up to 20%

18% of the surveyed companies estimate a reduction up to 20% of the revenues as a result of COVID-19 pandemic impact on business, while the majority (65%) haven’t made assessments yet, according to the PwC Romania HR Barometer. Another 6%… Read morePwC survey on the impact of COVID-19 on business: 18% of respondents estimate a decrease of revenues up to 20%

PayWell 2019: 25% of companies consider importing employees to cover their workforce shortage. On the long-term, other solutions are needed

A quarter of the companies that participated in the PayWell 2019 survey conducted by PwC Romania are considering workforce import to cover the shortage of employees, in particular in low skilled and seasonal workers. Companies that have expressed this intention… Read morePayWell 2019: 25% of companies consider importing employees to cover their workforce shortage. On the long-term, other solutions are needed

PwC Report: Over the next ten years, 600,000 jobs in Romania, affected by digital transformation

Over the next ten years, the digital transformation generated by new technologies will affect 600,000 jobs in Romania, according to the PwC’s Workforce Disruption Index, presented on July 2, 2019 at Workforce for the Future. Upskilling for Era 4.0 event,… Read morePwC Report: Over the next ten years, 600,000 jobs in Romania, affected by digital transformation

The average wages in private sector increased by 6.4% in 2018, according to PwC’s PayWell survey

The overall private labour market salaries in 2018 were slightly higher than the planned levels. Nationwide, salaries increased by 6.4% higher than the planned adjustment (5.7%), according to the 20th edition of PayWell Salary and Benefits Survey conducted by PwC… Read moreThe average wages in private sector increased by 6.4% in 2018, according to PwC’s PayWell survey

Extending people’s working lives could add US$ 3.5 trillion to OECD GDP in long run – PwC

  Iceland, New Zealand and Israel are the leaders in boosting employment rates among older workers according to PwC’s latest Golden Age Index Retraining and lifelong learning will be critical to enable older workers to take up the many new… Read moreExtending people’s working lives could add US$ 3.5 trillion to OECD GDP in long run – PwC

Workers facing up to completely retraining or reskilling to tackle technology’s impact on employment

Workers believe personal skills will remain in demand despite automation Almost three quarters (74%) of people surveyed by PwC are ready to learn a new skill or completely retrain to keep themselves employable, seeing it as their personal responsibility and… Read moreWorkers facing up to completely retraining or reskilling to tackle technology’s impact on employment