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Talent Neuron City spotlight - Timisoara

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Timisoara is one of the largest Romanian cities and the third most populous city. …

Timisoara is one of the largest Romanian cities and the third most populous city.

It is the main social, economic and cultural center in the western part of Romania

Key industries in Timisoara are Food processing, automotive, Logistics and Information Technology

14 Public Holidays and 21 paid Vacation days are provided to employees

Published in: Business, Technology, Education

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  • 1. Talent Neuron City Spotlight – Timisoara (Executive Summary) July 2013 This report is solely for the use of Talent Neuron clients and Talent Neuron Subscribers. No part of it may be circulated, quoted, or reproduced for distribution outside the client organization without prior written approval from Talent Neuron. 1
  • 2. Talent Neuron Copyright and Disclaimer Copyright The material in this report is copyrighted. No part of this report prepared by Talent Neuron can be reproduced either on paper or electronic media without permission in writing from Talent Neuron. Request for permission to reproduce any part of the report may be sent to info@talentneuron.com. Customers are welcome to use an unlimited number of copies of the materials contained within this report. Furthermore, customers may copy any graphic herein for their own internal purpose. Talent Neuron requests only that members retain the source name/logo mark on all pages produced. Please contact our Talent Neuron account manager at +1-408-716-8432 for any help we may provide. The report herein is the property of Talent Neuron (A Zinnov LLC Company). Beyond the membership, no copyrighted materials of Talent Neuron may be reproduced without prior approval. Disclaimer All the information contained in this report is obtained through proprietary technology aggregation algorithms, human experts, network of domain experts, discussions with industry leaders, public and confidential information sources believed to be reliable. Talent Neuron makes no representations or warranties regarding the errors, omissions or completeness of any information contained herein and shall have no liability for the same. The report is provided solely for informational and marketing purposes and opinions must not be construed as advice, recommendations or endorsements. The reader of the report is advised to conduct an independent evaluation and form conclusions with respect to the information provided.
  • 3. 1 Timisoara– Snapshot 2 Timisoara– Installed Talent Pool 3 Timisoara– Fresh Talent Pool (Available in Full Report) 4 Timisoara– University (Available in Full Report) Topics Covered in the report 5 Timisoara– Ecosystem (Available in Full Report) 3
  • 4. Zinnov 4Source : Talent Neuron research and Analysis, Investment agencies, News articles; Economist Intelligence Unit 2013 Timisoara - Snapshot Is the Social, Economic and Cultural center in the western part of Romania Timisoara Overview City Population 303,708 Unemployment Rate (IT) 2.8% Attrition Rate 10.0% Working Days in a year 226 Days (1808 hours) Political Risk Rating Score 40 EU Membership Status EU Member without Schengen • Timisoara is one of the largest Romanian cities and the third most populous city. • It is the main social, economic and cultural center in the western part of Romania • Key industries in Timisoara are Food processing, automotive, Logistics and Information Technology • 14 Public Holidays and 21 paid Vacation days are provided to employees 4
  • 5. Zinnov 5 75% 76% 21% 21% 4% 3% Fresher Experienced Gross Salary Social Contribution Food Vouchers Source : Talent Neuron, Country Statistics site, Industry Associations, University Websites, Industry Reports, Interview with Stakeholders and Job Portals Timisoara The city has an installed talent base of 6,900 professionals Installed Talent Pool – Timisoara Total Compensation Break up per month 6,900 550 1,100 3,050 1,300 900 Total Installed Talent Sofware Hardware IT Services BPO Technical Support Language Support English/ German Language • Medium of instruction is majorly in Romanian At West University of Timisoara(UVT)'s Faculty of Mathematics and Informatics several courses are taught in English. • German language proficiency is medium Annual Salary Increase • Annual Salary increase is 11% Note: Fresher corresponds to experience of 0 years; Experienced corresponds to an experience of 3 years Social Security Contribution Social Security fund • 20.8% Health fund • 5.2% Medical leave • 0.85% Guarantee Fund • 0.25% of the salary fund Unemployment fund • 0.5% Work accidents, risk insurance and occupational disease fund • 0.15% to 0.85% Euro - 1,122 Euro - 1,722 5
  • 6. Talent Neuron Slideshare Channel Follow us on Twitter To Access the complete Report. Sign-up for a Demo Account http://talentneuron.com/demo_signup.php Recent White Papers Software Product Development Talent Assessment - Brazil http://www.talentneuron.com/article.php?art_i d=211&access=1 Global Location Niche Skill-Set Insights http://www.talentneuron.com/article.php?art_i d=234&access=1 Big Data Talent Overview http://www.talentneuron.com/article.php?art_i d=207&access=1 Subscribe to our Weekly Newsletter:- Subscribe now Follow us on Linkedin Talent Related Videos Our thoughtful Insights on Talent Share your views 6
  • 7. * Details not disclosed by the company Source: Talent Neuron Research and Analysis 520+ Cities ~12,000 Unique Data Points Per City 9 Domains & 400+ Skills ~7,500 Companies & 22 Million Profiles Module 1: Talent Intelligence Module 2: Talent Analytics • Location Profiles • Talent Pool (Installed and Fresh) • Salary and Cost • University • Peer Companies • Monitor • Role Views • Job Engine • Top Brains • Public People Profiles • HR Data Consolidation • Peer Benchmarking • Decision Support Analytics • Workforce Planning • Skill Circles • Hypotheses Validation Talent Neuron Talent Neuron has two module Talent Intelligence and Talent Analytics. Our data spectrum covers 520+ cities, 9 Domains and 400+ skill sets 7
  • 8. Talent Neuron, gathers data from multiple sources Data Mining from Connectors Job Sites Company Career Sites Social Media/ Public Profiles Patent Databases Community Sites Technology Contributor List Universities Publication/ Journal Databases Survey Data from Companies Data from Govt./ Industry Bodies Data from Local Recruitment Companies Data on City level suitability & Ecosystem Correlated data on Talent, Cost, Peer companies Talent Neuron Primary Research & Interviews News Articles & Public Data – Crawling Engine 8