As far as salaries are concerned, the company’s Human Resource (HR) Vice President, Radu Panait, expects players on the beer market to target a growth rate similar to inflation. “Although we are not as affected as other sectors, we have our constraints, because we expect the market to slow its growth rate or to stagnate, and we have to be cautious,” Panait said.
Last year, following an agreement with trade unions in the field, salaries in the company rose 14.3 percent. The benefit package offered to employees will not be affected by the current economic conditions. However, the recruitment and training budget is 30 percent lower in year compared to its 2008 level, due to a general demand for cutting fixed costs. The company’s strategy is to manage these processes internally, foregoing external providers. Thus, two new positions were created in the HR department, of recruiter and trainer.
The average personnel turnover within Ursus Breweries is 10-12 percent, with a 20-25 percent peak in the sales department.
