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Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.

Factsheet for measure RO-2020-14/1190 – measures in Romania

Measures for protecting the employees in the banking sector

Masuri de protectie a angajatilor in sectorul bancar

Country Romania , applies nationwide
Time period Open ended, started on 31 March 2020
Context COVID-19
Type Other initiatives or policies
Category Protection of workers, adaptation of workplace
– Changes of working hours or work arrangements
Author Victoria Stoiciu (European Institute of Romania)
Measure added 27 September 2020 (updated 05 February 2021)

Background information

In the context of COVID-19 pandemic, the Council of Banking Employers of Romania and the Federation Banking and Insurance Trade Unions have agreed upon a set of measure in order to ensure the prevention of employees against COVID-19, protection of the workplaces and employees and ensuring the continuity of the activity.

Content of measure

The measure consist in a series of measure commonly agreed between the social partners (representative employers organization and representative trade union federation) in the banking and insurance sector, as it follows:

  • Reducing the working time
  • Flexible working hours
  • Job rotation formula
  • Identification and protection of the aged and vulnerable categories of employees, who were not obliged to come to work
  • Adopting telework for the employees who could work from home
  • Health and security measures at the workplace, in accordance with new legal provisions

The trade union end employers agreed to jointly monitor the implementation of measures and their adaption to new evolutions.

Use of measure

All the employees in the banking and insurance sector - about 80,000 people.

Target groups

Workers Businesses Citizens
Employees in standard employment
Does not apply to businesses Does not apply to citizens

Actors and funding

Actors Funding
Social partners jointly
No special funding required

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role Agreed (outcome) incl. social partner initiative Agreed (outcome) incl. social partner initiative
Form Direct consultation outside a formal body Direct consultation outside a formal body

Social partners' role in the implementation, monitoring and assessment phase:

  • Social partners jointly
  • Main level of involvement: Sectoral or branch level


This is a social partners initiative. It was designed, negotiated and agreed jointly by the Council of Employers of the Banking sector and the Federation of Banking and Insurance Trade Unions.

Views and reactions

This is a initiative of social partners and the outcome of their negotiation.

Sectors and occupations

    • Economic area Sector (NACE level 2)
      K - Financial And Insurance Activities K64 Financial service activities, except insurance and pension funding
      K65 Insurance, reinsurance and pension funding, except compulsory social security
      K66 Activities auxiliary to financial services and insurance activities

This case is not occupation-specific.


  • 18 March 2020: Masri de colaborare agreate intre reprezentantii sindicatelor si patronatelor privind protectia, preventia si continuitatea in contextul epidemei COVID 19 PROTECȚIA, PREVENȚIA ȘI CONTINUITATEA ÎN CONTEXTUL EPIDEMIEI COVID – 19 (


Eurofound (2020), Measures for protecting the employees in the banking sector, measure RO-2020-14/1190 (measures in Romania), EU PolicyWatch, Dublin,


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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.