• The “Right to Education” Foundation presents the results of the study on the experience and expectations regarding the labour market among youngsters in Romania, conducted in partnership with “OTP Fáy András” Foundation in Hungary
  • The research was developed in the context of Erasmus+ program, within the “Career Programme – Going beyond borders” project 

Bucharest, February 11, 2016. Young Romanians aged between 14 and 19 are self-confident and think they take concrete actions towards choosing a career, but need professional consultancy, according to a research developed by the “Right to Education” Foundation nationwide among the students who attended trainings organized by the foundation.

The fact that 87% of participants are aware of their strong points reflects youngsters’ self-confidence. In respect to career choosing criteria, 76% of the young people get information on their own. Despite this, one can notice the need for information regarding opportunities available on the Romanian labour market, only 44% stating they are familiarized with such occasions.

Also, even though 73% of students consider they take concrete actions towards choosing their career, 75% of them think that it would be helpful to benefit from consultancy in choosing a profession in the form of group training sessions (55%), individual consultancy (53%) or presentations (44%).

81% of respondents plan to attend an university or post-secondary school after graduating from high school, while 70% of them would like to leave the country. In terms of career choice, only 20% wish to become employees, most of them seeking to launch a business or to become investors.

Salary expectations exceed the average market value, young people wishing to receive, as juniors in the selected areas, about 3,000 lei net income per month. But the real income they believe they will receive is lower, reaching an average of 2,000 lei net monthly.

“We strongly believe in the need to contribute to youngsters’ financial education, and this research helps us to better understand students’ perception on the labour market and develop new trainings modules in order to help them decide regarding their career. Moreover, we plan to continue this study, so that we have a dynamic image on the main beneficiaries of the projects developed by the foundation and adjust our training modules accordingly”, said László Diósi, CEO OTP Bank Romania and President of the “Right to Education” Foundation.

Based on the study regarding the youngsters’ experience and expectations about the labour market, the “Right to Education” Foundation will implement new training sessions on career guidance for students aged between 10 and 18. The research was conducted during October-December 2015 by the “Right to Education” Foundation, in partnership with “OTP Fáy András” Foundation in Hungary in the context of Erasmus+ European project “Career Programme – Going beyond borders”. The respondents sample consists of over 150 students across the country aged between 14 and 19, beneficiaries of the trainings organized by the foundation.

The “Right to Education” Foundation, launched by OTP Bank in 2014, benefits from the experience of more than 20 years of “OTP Fáy András” Foundation in Hungary and offers free trainings on financial education for young people aged between 10 and 18 all over the country. In 2015, about 800 students from 22 highschools in 8 counties benefited from the foundation’s trainings.

OTP Bank Romania, a subsidiary of OTP Bank, the largest independent banking group in Central and Eastern Europe, is an integrated and self-financed financial services provider. The group offers universal financial services in Hungary, Romania, Montenegro, Croatia, Bulgaria, Russia, Ukraine, Slovakia and Serbia for more than 13 million clients through a network of over 1,500 territorial units, ATMs and electronic channels.

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