The number of people coming to Romania from other European Union or European Economic Area countries increased by almost five percent, to 2,338 from 2,239 registered in the first half of 2008, according to data sent to Business Standard by the Labor Inspection Bureau.
“Romania was a market of expats and continues to be a market of expats, and due to the lack of Romanian specialists in certain areas, companies will continue to turn to expat managers, and bring back Romanian managers with international experience,” Country Manager for Romania and Bulgaria of the SpenglerFox executive search company, Marius Precu said.
Expats have higher salaries than local managers and even managers in their countries of origin. To relocate, an expat’s salary increases by at least one fifth from the level in his or her country of origin, according to headhunting specialists.
Data provided by the Kienbaum company indicates that the average gross annual income of a Romanian manager is of some €19,500, while a German manager with a similar position in Germany has an average gross annual income of €111,000. Considering that a German manager will request a gross annual salary higher by at least 20 percent than in his or her country of origin, the expat will negotiate a salary of over €130,000 annually.
