“Most companies preferred alternate ways of countering the crisis, choosing solutions such as reduced working hours, technical unemployment, foregoing overtime, turning their employees into Authorized Individuals. In this case, it is not salaries that declined, but rather the monthly income,” the HR Operations Manager within the Lugera&Makler recruiting company, Florin Ochiana, told Business Standard.
At European level, a maximum of five percent of companies lowered fixed salaries, most of them resorting to the same cost-cutting methods, according to the Reward Info Serv Manager of the Hay Group Romania consultancy company, Alinei Popescu.
“For example, if we used to offer cash instead of meal tickets, due to the difficult economic situation, we switched to meal tickets, because these costs are deductible,” the HR manager of the 3M Romania technology company, Ioana Mironescu, said.
