Salary raises by 4.5% from multinationals in 2010

Autor: Adelina Mihai 22.08.2010

Multinational companies present domestically further increased salaries by 4.5% this year, half the value applied last year, and increases were operated only for high performing employees, show the conclusions of the salary survey carried out this year by Mercer company, one of the world's biggest players in the HR field.



"Most companies awarded salary raises in January and April depending on employees' individual performance, as well as on the company's results. Still, almost one in three companies did not raise salaries at all, not even on the basis of performance," maintains Oana Datki, country manager with Consulteam, the domestic representative of Mercer.
In general, the employees that enjoyed salary raises this year are part of the category of senior specialists or are part of the management, being viewed as key employees, who need to be financially motivated as well in order to maintain their high performance.
FMCG and manufacturing employees registered the most salary increases, with IT ones also seeing raises, but smaller ones, Datki also says.
The salary employees in the management of Bucharest-headquartered companies receive is still higher than the one of managers outside Bucharest, though the gap has started narrowing down as early as last year.
"Salary increase percentages forecast for 2011 are a little higher, somewhere between 6 and 7%," Datki also says.