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Romanian employees received 20% more extra-benefits in 2015, IT – largest growth

Perks for local employees in Romania grew about 19% last year over 2014's values, while IT&C and pharma employees topped the other domains in the fringe benefits' rankings, according to Smartree.
The gross bonuses for Christmas amounted to about 175 euro on average, says the HRO consultancy.

2016-02-01 12:10:44 - by Bogdan Tudorache

Whilst food vouchers and the medical subscriptions to gyms were among the most common benefits.
The biggest benefits besides earnings were granted by IT&C and the pharmaceutical industries, while retail trade and employees received the least valuable benefits beyond the monthly salary.
The main fringe benefits offered by companies range from private health, sports, courses, travel, insurance and gifts. They fall into two types: monthly and incidental benefits.

They include meal vouchers, monthly subscriptions to private medical clinics, providing mobile phone or laptop, reimbursement of transport, subscriptions to gyms, relaxation rooms or game rooms.

Occasional benefits were gift vouchers for various holidays and occasions and even a 13th annual salary.

"Generally, fringe benefits may depend on the size and profile of the organization. For example, IT companies and advertising agencies often offer relaxation and dedicated game rooms, to encourage creativity," says Raluca Penes, HR Coordinator Smartree.

Bonuses get even closer to the western habitual list, with nearby kindergarten services and restaurant bonuses to "getting out for lunch" days.

"Some employers also offer new fringe benefits such as flexible working hours, additional days of leave, dental insurance, restaurant vouchers and other bonuses ‘out of the box', as well as special day themes. For example, on each 13th the month, there are companies that offer pizza or restaurant team buildings to their staff. Also, employers also offer cooking classes or opportunity to drive luxury cars for the weekend," says she.

She explained that an important factor that companies are beginning to offer increasingly in the fringe benefits area is the taxation regime, that the better it gets, the better the fringe benefits.
About 150 HR managers from multinational and local companies were interviewed for the current survey.


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