News

Oil Ping Pong GamesData about the Activity of Moldovan Commercial Banks on January 31, 2021Banking 2020 - pandemic, profitableWeird 2020: humility, depression, rebellion, accepting a new realityThe Hunger Games of the foreign exchange marketHow to tame liquidity?Veaceslav IONITA: The government killed the business, but flirted with the populationIs it possible to combine the health care of the nation and budget revenues from bad habits?People and Business: Natural and Unnatural SelectionAlexandru BURDEINII: Being ethical becomes vital in business nowadaysValeriu Lazar: The biggest stupidity one can do now is to fire peopleMarin CIOBANU: We are creating opportunities for business development in Moldova, not only in free economic zones2019: three steps forward, two steps back.Plamen MILANOV: 13 persons became millionaires in Moldova within a year due to the lotteryVictor SHUMILO: The sale of hybrid cars exceeded the sales of cars with traditional fuels in 2019."Bewitched by the "Annus Mirabilis". The main events of 2018 Trucks will be able to cross the Moldovan border much quickerAbout the "second coming" and control over the banking system of MoldovaPrivatization of Air Moldova: 2000 vs 2018. To find 10 differences!The Head of USAID Office in Moldova Karen Hilliard: "We promote the idea that winemaking and tourism are integral whole"The Secrets of the Moldovan Foreign Exchange Market - 2017 15 years of leasing business in Moldova: through diversification to expansionMoldovan Leu vs Geopolitics. How does the currency rate interplay with government, entrepreneurs and world’s processes?10 years ago construction of the Trans-Oil terminals in Giurgiulesti port startedDoes it take $200 million out of consumers' pockets to implement European Directives? Who protects the new edition of the law on internal trade?State Securities Market 2014-2016: The Ministry of Finance calculates the losses, investors - income.It will affect each and every one and you won’t find it funny.A careful attempt to pass the dead zoneT-Bills market: The Ministry of Finance is chasing for money, investors - for profitability. Both should be ready for any scenario.The money that can be washed…Phoenix with the Arab capitalMoldova’s Key Macroeconomic IndicatorsPrices at filling stations

HR Barometer PwC Romania: Almost 75% of companies say that employee productivity remained constant or increased after the implementation of working from home policies

HR Barometer PwC Romania: Almost 75% of companies say that employee productivity remained constant or increased after the implementation of working from home policies

Bucharest, 20 November 2020 Employee productivity has increased since the implementation of working from home policies, according to about 30% of the companies responding to the HR Barometer Report, conducted by PwC Romania in October, while 44% say it has remained constant.
 
Of the respondents who mentioned increased productivity, 76% say that the main factor contributing to that improvement is the increase in time allocated to work due to working remotely.
 
“The pandemic has shown us that large-scale remote working is achievable and productivity concerns have diminished as companies have addressed issues related to the implementation of the necessary technologies. The last few months have been a test of endurance and an experiment for companies and employees. We can see that, so far, they have passed the tests. Therefore, remote working is expected to be applied by more organizations in the long term. That fact is clear from the survey, as more than half of the respondents have already introduced remote working for an indefinite period”, said Ionuț Simion, Country Managing Partner, PwC Romania.
 
Only 7% of respondents mentioned a decrease in productivity. Of those, most consider the main causes to be a limited adaptation to the way of working in the “new normal”, a negative mood and a lack of remote working tools.
 
Three quarters of the responding companies believe that employee involvement has remained constant, but more and more organisations are concerned about their mood as the health situation develops and the related isolation continues for a longer period.
 
“Well-being is essential for productivity and, as many people are struggling with fear and anxiety during this time, it’s important for organisations to invest more in resources and benefits that help them to create a balance for their health”, says Oana Munteanu, Senior Manager People & Organisation, PwC Romania.
 
Working from home, the new normal
 
At the market level, 20% of companies have implemented remote working for all employees, with the other 80% implementing it for some categories of employees. All the respondents have introduced some form of remote working. Almost half (49%) have implemented social-distancing work practices, in shifts of one or two weeks, 29% on the basis of individual options, and 22% other options (permanent or remote working in shifts of two or three days per week).
 
Digitisation and employees upskilling, accelerated by the pandemic
 
Two-thirds of the responding companies believe they have accelerated digitisation by achieving in advance the objectives set for the whole year or some unforeseen projects. A similar percentage (68%) note that the need for digitisation was felt most in the Human Resources department, followed by the finance department (63%), IT (56%), operations (54%) and sales (46%). Optimising internal processes is the first priority for 80% of respondents.
 
In terms of employee competencies, 38% of companies say that employees have a high level of digital competence, 36% a medium level and 26% low.
 
About the report
 
PwC Romania HR Barometer study was conducted during 12-17 October 2020 based on information provided by 41 companies from the following sectors: energy, retail / FMCG, pharmaceutical, IT&C, financial services, industry. Of the respondent companies, 17% have over 3,000 employees, 25% have 1,001 - 3,000 employees, 17% have 501 - 1,000 employees, 34% have 101 - 500 employees and 7% have 100 employees or fewer.
 
About PwC
 
At PwC, our purpose is to build trust in society and solve important problems. We are a
network of firms in 155 countries with over 284,000 people who are committed to
delivering quality in assurance, advisory and tax services. Find out more and tell us what
matters to you by visiting us at www.pwc.com. PwC refers to the PwC network and / or
one or more of its member firms, each of which is a separate legal entity.
Please see www.pwc.com/structure for further details.
 
© 2020 PwC. All rights reserved.
 

News on the subject