Romania among world’s first countries with large salary gaps between managers and clerical staff

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Romania ranks among the world first countries with wide salary gaps between the senior managers and their clerical workers, the Ziarul Financiar informs citing the latest report by the Hay Group the global management Consultancy Company.

The salaries of the top senior managers are ten times higher than that of the workers and the employees, despite the fact, companies have been trying to narrow the gap, over the past three years, says the report.
‘For the second time in a row, Romania ranks among the first ten countries of the world and the first in Europe in terms of the managers’ purchase power, but also of the gap between the senior managers and the clerical staff.

The rankings were no surprise to us and they can be explained by the 16 percent flat tax, much lower than in the western countries and the lower living costs in Romania than in Central Europe,’ the Ziarul financiar reads quoting Hay Group Romania reward manager Alina Popescu as saying. The survey was conducted in 56 countries and had as its research indicator the managers’ purchase power and the differences between the salaries paid to the managerial posts and that of the employees.

Romanians are the first in Europe in terms of the managers’ purchase power, but the gap between the purchase power of the managers in the countries with emerging economies and those with developed economies will grow next year, the Ziarul Financiar concluded.

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