Key Points:
EU Mandate: The European Union has mandated that all job postings must include salary information by mid-2026.
Romania's Current Status: As of May 2024, 37,000 out of 110,000 new jobs posted on eJobs.ro (Romania's largest online recruitment platform) have the salary displayed.
Benefits of Salary Transparency: Increased transparency can help reduce gender pay gaps, build candidate trust, and create a competitive advantage for employers offering above-market salaries.
Impact on Job Seekers: Salary transparency allows candidates to apply more strategically, saving time and effort. It also helps them assess potential employers based on their compensation practices.
Industries with High Salary Transparency: Retail, services, tourism, transportation/logistics, food industry, and construction have shown the highest adoption of salary transparency so far.
Salary Ranges by Industry:
Tourism: 3,700 lei net/month
Food industry: 3,800 lei net/month
Retail: 4,000 lei net/month
Services: 4,300 lei net/month
Transportation/logistics: 4,400 lei net/month
Construction: 5,000 lei net/month
Additional Notes:
The requirement for salary transparency is expected to have a positive impact on the job market, reducing time-to-hire and attracting more qualified candidates.
Employers can leverage salary transparency as a competitive advantage to showcase their commitment to fair compensation practices.
Job seekers should utilize salary information to make informed decisions about their job search and career goals.
Overall, the implementation of mandatory salary transparency in Romania is a significant step towards creating a more open and equitable job market.
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