Latest News  

Deloitte Romania: learning and career development, high up on the business and HR agenda

Driven by the frequent change of the professional competencies required to perform at work, lack of experienced candidates and employee's desire to develop professionally continuously, learning and career development are the top priorities of the Romanian business and HR leaders, followed by employees' experience, according to the fifth edition of the study Deloitte Human Capital Trends 2017.

2017-05-18 22:11:20

The study shows that in Romania the priorities in the Human Capital area are different when compared to the region or at global level. While for the Romanian respondents and those in East and Central Europe the professional development of their employees is the top priority, at global level the most important aspect from the human capital perspective is the Organization of the Future.

"The results of the study indicate that the Romanian labor market has own dynamic when compared to other countries," said Raluca Bontas, Director Global Employer Services Deloitte Romania.

"Currently, the capabilities necessary to perform at the workplace change from a period to another. The traditional model that worked in the past, in which those competences developed in the early stages of work were recognized for the entire career, is no longer valid. That is why both organizations as well as employees are constantly concerned with developing certain competences. Some employers are facing the lack of experienced candidates and thus they develop internal programs for professional development. In their turn, candidates place career development among their main areas of interest. In this respect they need counseling as well as an organizational structure meant to facilitate reaching this goal," added Bontas.

Employees experience is another key priority among Romanian employers (51%).

"This topic is important as it is harder and harder for employers to find valuable employees and to motivate them and retain them on a long term. In this context the HR function is currently concerned with identifying the employees' needs, which differ depending on a number of criteria such as generation, personal situation and with tailoring the offer of employment and retention as much as possible. Thus the concept of Total Rewards (the full package of compensation and benefits consisting of both financial and non-financial, tangible and non-tangible elements that the organization has to offer) is very contemporary and may include benefits such as flexible working hours and flexible remuneration programs with components such as Stock Options Plan (the possibility of an employee to obtain, under certain circumstances, company shares). Also, the agenda includes topics such as employees' well-being or systems that generate productivity growth."

Another priority on the business' agenda is the organization of the future.

"Less flexible and hierarchic structures tend to be replaced by ecosystems and networks of teams within organizations. A small network has the advantage of delivering quick results, generating a high level of engagement among members and direct attention towards mission envisaged. Thus, the competences of each team specialist help each other and connect directly to results delivery. To implement such a style a new mentality is needed along with adapting the structure of the organization in order to rethink processes."

The study has also revealed that respondents expect growing investments in their employees compared to last year: 11% versus 5% in 2016. Over 40% of the Romanian respondents answered that their organization plans an over 1-5% growth of the investments in human capital in 2017, higher than in 2016 when 3% of them reported such growth.

Deloitte Human Capital Trends 2017 is one of the most comprehensive studies in human capital globally. The 2017 survey is our largest and most extensive to date, with input from more than 10,400 business and HR leaders across 140 countries, including Romania. Sixty-three percent of the respondents were HR professionals, with other business executives comprising 37 percent. The perspective of the respondents outside the HR area is extremely valuable for the entire study.


0 COMMENTS ^ Go back to Top
WRITE A COMMENT ^ Go back to Top
 
Your email address will not be published.
Nickname
Email
Comment
Validation Code
   
 
 
NEWS
SAP ranked first among Europe's most valuable brands in 2017

SAP, leading company in digital transformation, ranked 1st among Europe's most valuable brands, according to the 2017's edition of BrandZ Top 100 Most Valuable Global Brands, with a brand value of 45.194 billio

 Read Full article »
Nokia invests 73 million Euro in expanding its campus in Timisoara

Finland-based company Nokia said it will be expanding its campus in western city of Timisoara with the biggest research and development (R&D) center in the Romanian telecom industry and the total investment exc

 Read Full article »
Romania's Fribourg Capital launches 20 million Euro investment fund for startups

Romanian investment firm Fribourg Capital said it has launched Fribourg Digital, a 20 million Euro investment fund which targets startups in the IT sector, according to a company statement quoted by seenews.

 Read Full article »
Avangate plans to hire 45 IT specialists for its office in Romania

Avangate, the global eCommerce and subscription billing platform for software, SaaS, and digital solutions, with Romanian roots, which recently acquired the 2Checkout global payment processor, will hire 45 IT s

 Read Full article »
Qualitance made the FT's list of Europe's fastest-growing companies

The global technology innovation company with headquarters in Romania, US and Australia was ranked 612 on the list of 1000 European fast-growing firms, with a revenue growth of 165 per cent between 2012 and 201

 Read Full article »
Colliers: More than 265,000 sqm of office area is scheduled for delivery in 2017

More than 265,000 sqm of office area is scheduled for delivery in 2017, broadly in line with the level received in 2016, according to the recently launched market report of Colliers.

 Read Full article »
Societe Generale European Business Services reaches 1,000 employees in the shared service in Bucharest

Societe Generale European Business Services, the shared service center for Societe Generale Group, has reached 1,000 employees due to an accelerated growth over the last three years. Societe Generale European B

 Read Full article »
Adecco: Romania sees 40 per cent increase of recruitment in Q1 2017

This year had the best start of the last decade, from the perspective of recruitment volumes, being recorded in Q1 a growth of over 40 per cent of the recruitment against the same period of last year, and t

 Read Full article »
More than half of Romanian companies plan cybersecurity budget increase

According to a joint PwC Romania and Microsoft Romania survey launched recently, "Security in the Digital World", investments in cybersecurity are mostly driven by regulatory requirements instead of the organiz

 Read Full article »
Cegeka Romania maintains growth and reaches 19 million Euro turnover in 2016

Belgian IT solutions provider Cegeka Romania posted a turnover of 19 million euro (85 million lei) in 2016, a 40 per cent boost compared to 2015, the company announced. Cegeka operates two offices in Bucharest

 Read Full article »
 
MOST RECENT VIDEO
 
 
MOST READ ARTICLES
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» Grégoire Vigroux appointed the new Vi...
» Romanian Outsourcing Awards for Excell...
» Romanian Outsourcing Awards for Excell...
» SocGen's EBS division to grow 60%, exp...
» Bombardier: from Bucharest subway to t...
» OT Learning & Development Roundable ta...
» Ericsson and Skanska trial IoT for Sma...
» AFI Europe Romania and Dedeman sign ag...
» TELUS International Europe: E-book: Ho...
 
EDITOR CHOICE
The future is now - Review of Romanian Outsourcing Summit, 2017

Romania delivers services in 25 languages with more than 100,000 specialists employed in the outsourcing industry and business services, and based on an estimated growth of 15-20 per cent, it is estimated to re

 Read Full article »
TELUS International Europe: How the travel and hospitality industry can get ahead with omnichannel customer service

For companies in the travel and hospitality industry, having an omnichannel strategy is becoming critical to compete in a complex market of both  Read Full article »

Genpact's COO: Staying ahead of the curve

Shibu Nambiar has over 18 years of experience in the services industry, covering roles in operations, project management, service delivery, product development, domain management and training.

 Read Full article »
Reshaping the industry mindset

The business shared services industry in Romania is living a fantastic youth, but may be heading towards a maturity that may come sooner than expected, thanks to disruptive emerging technologies and the urgent

 Read Full article »
OT Learning & Development Roundable takes place on June 15th

On June 15th, Outsourcing Today organizes OT Learning & Development roundtable. The event brings together the business services professionals to discuss and discover new tools and programs designed to assist bu

 Read Full article »
Latest News  
 
about us | newsletter | contact | members area
Copyright © 2015 by Diplomat Media Events Design by Diplomat Media Events