The indicator used for the Saratoga study is Human Capital Return on Investment.
“In Romania, the same €1 allows employing several people, who, in turn, will generate more profit, becoming a scale synergy, but individually, the average productivity of Romanian employees is below that of our neighbors. A factor with definite impact on this indicator is the level of technology existing in the analyzed countries,” the Manager of the Consultancy Department within PricewaterhouseCoopers Romania, Horatiu Cocheci, said.
The low level of productivity indicators in Romania can be explained through the resources consumed for training new employees, instead of specific operations. The share of new employees, with less than two years seniority, in total employees, is much larger on the local market (35 percent) than that registered in Europe (20 percent).
