3,300-euro salary for restaurant CEO

The owners of the Heritage restaurant, known as the “bankers’ restaurant”, as most of the founding members are chairmen and vice-chairmen of banks, have started the recruitment process to employ 70 people, with the gross salary offered to the chief executive (CEO) standing at 3,300 euros (11,889 RON), according to a job ad published this week. The only person that has already been hired and who will also receive the highest salary is the chef, who will come to Heritage to coordinate the restaurant’s cook team. “As far as I know, at the moment the highest salary in Romania for a similar position is 8,000 euros. We will offer more,” said George Butunoiu, the man with the idea to start the Heritage project. Butunoiu, one of the best-known head-hunters (people who recruit top managers) on the Romanian market, says the salary budget has been set at about 60,000 euros a month. “So far we have received about 200 applications, approximately half of which are for CEO and chief operating officer positions (…),” added Butunoiu.