IT, best-paid department in multinationals
Oana Botolan, country manager Consulteam, local partner Mercer, said the average was calculated for middle management positions.
The companies participating in the study employ between 800 and 1,400 people.
According to the said study, the highest increases this year were reported for sales, IT and finance managers.
Banking sources say the minimal interest and exchange rate increase scenarios have to be applied to determine the indebtedness of a client, so that the bank could have a safety margin and avoid the maximum indebtedness (65-70% of the monthly available income) being exceeded for the duration of the loan.
The use of the respective caps is supposed to be a condition for getting the National Bank’s approval of the individual lending norms in their updated form after the new regulation comes into force.
The banks have until the beginning of October to integrate the new stress elements required by BNR in their client assessment systems.
The application of the new stress elements that may theoretically occur until a credit has been repaid in full – especially if it is about a medium and long-term loan – substantially reduces the maximum amount an individual may borrow.