The current round of economic mayhem
will at least have a positive effect on staff retention, according
to UniCredit Leasing Romania CEO Septimiu Postelnicu.

“Personnel fluctuation, which is extremely high in the financial
sector, will go down in the coming period” said Postelnicu,
commenting on a perceived recent tendency of staff to move between
companies in search of higher salaries.

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He commented that with interannual salary increases likely to
flatten drastically, career “commuters” will be more likely to stay
in one place.

Additionally, said Postelnicu, slower rates of company growth in
the financial services sector will in fact mean increased pressure
for potential career migrants to justify their existing
positions.

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