Hays Romania’s Salary Guide: More than half of respondents are dissatisfied with their current salary
According to the Hays Romania Salary Guide, 52% of respondents say they are dissatisfied with their current salary.
A useful tool for employees is The Hays’ Salary Checker , based on a specific calculation algorithm and takes over the information from the first edition of the Hays Romania’s Salary Guide.
It can be found and tested here: Salary checker (hays.ro)
Moreover, when asked about the responsibility – financial motivation ratio, 49% of employees consider that the salary is not in accordance with the responsibilities they have at work. Not surprisingly, financial dissatisfaction is directly proportional to the rate of employees who said they were open to new career opportunities. According to the same study launched in October 2020, 85% of employees said they intend to change jobs in the next period, with about half of them declaring themselves to be actively looking for a job (46%).
In this context, the financial factor has a major impact on employee motivation and can lead to radical decisions, such as changing jobs or maybe even the field.
But how can employees find out if their salary is fair and competitive? How many of them know the wages in the market, have access to information and can make a comprehensive analysis to set expectations about the optimal wage level, taking into account both internal and external factors?
Many employees look for answers from friends, online reports, or from various official sources, but all of these methods lead to a single pattern observed by the Hays team: comparison. Recruitment experts point out that prior information on market salaries for a specific position is absolutely necessary when deciding to apply for a job, but sometimes it is difficult to know exactly the standard salary for a particular position and set expectations. realistic.
Setting salary expectations based only on limited criteria such as the level of experience or individual (subjective) evaluation, lead to a single result: disappointment. Candidates who are involved in a recruitment process may be at risk of applying for a salary below or above market level. We want to avoid these situations, and the new Hays salary calculator is the solution,” mentions Ioana Barcan, Hays Romania Marketing Specialist.
Hays Romania comes to the aid of employees by launching an online product – the salary calculator – dedicated to those who want to have access to real, qualitative and comparative information – all from experts in the field of recruitment, who have access to this information every day.
The Hays’ Salary Checker is based on a specific calculation algorithm and takes over the information from the first edition of the Hays Romania Salary Guide. The Hays salary calculator is available and accessible completely free of charge on the website www.hays.ro. Employees must complete a short form with basic indicators such as position, seniority and current salary, and the computer will automatically generate a comparison with market salaries. Thus, for each position the minimum, maximum and optimal salary is issued (usually offered by the employers on the local market). This tool allows employees to know the salaries in the market and make optimal decisions for their professional future.