Only 2.5% of Romanian employees in the private sector are processed through outsourcing, compared to 25% – the European average, but the local market will grow, as more and more multinational companies will open offices in Romania, according to a Smartree study, one of the Romanian leaders in the HR outsourcing market.
At this time, in the private sector in Romania, there are about 8 million employees. Only for 200,000 of them the payroll is being outsourced and 40,000 employees of these are being processed by Smartree.
Compared with the situation in Romania, the European average is between 20 and 30%, according to the Smartree representatives. Belgium and Denmark are forehead: the rate of these types of outsourced HR services in these two countries is over 80%. More than 50% of the german companies choose to outsource the employees payroll and the same thing happens in Nordic countries and UK.
“The reason why there is this big difference between Romania and the countries of Northern and Western Europe is related to the maturity of markets. Moreover, in these countries, experts in the payroll area have become very hard to find and retained in companies, a trend that will spread soon in Romania, “said Bogdan Badea, Business Development Director & Strategic Alliances in Smartree.
Not even at regional level the payroll market in Romania doesn’t look good. Regarding the rate of adoption, our country is lower than in Central Europe, Czech Republic, Poland, Hungary, Bulgaria and Moldova, according to Smartree information.
“In contrast, in Romania, the payroll market is more consolidated. The top 5 players represent a large part of the market, while in other regions of Europe are far more players, but smaller, “mentions Bogdan Badea.
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