01.27.2016

The trap of low wages and underdeveloped economy in some of Romania’s counties has finally caught up with the foreign investors who are unwilling to raise the wage level of those counties, making more

01.07.2016

Central bank governor Mugur Isarescu on Thursday said salary increases are inevitable in Romania, in the context of its European integration, but their "concubinage" with tax cuts should have been more

12.30.2015

Romania's government approved a raise in the minimum wage to RON1,250 from RON1,050 as of May 1, 2016, government spokesman Dan Suciu said Wednesday. more

12.29.2015

Romania's government has drafted a plan to raise the gross minimum wage to 1,250 lei (around EUR276) from the current RON1,050 as of May 1, 2016, following negotiations with trade unions. more

12.22.2015

The French Chamber of Commerce and Industry in Romania and the Romanian-German Chamber of Commerce are calling for a progressive increase in the minimum wage, voicing out their concern about the more

11.06.2015

The average net salary in Romania increased 1.1% in September compared with August, to 1,833 lei (around EUR412), data from the statistics office showed Friday. more

11.05.2015

The 15% raise for staff in the state education sector will benefit around 359,810 people and will have an impact of RON1.666 billion on the state budget, Education Ministry said Thursday. more

10.07.2015

The average salary in Romania declined 1.9% in nominal terms in August compared with July, to 1,813 lei (around EUR411) data from the statistics office INS showed Wednesday. more

10.01.2015

Romania's budget deficit could stand at 2.2% of GDP next year, following the impact of the country's new tax code, but planned wage hikes in the public sector may push the deficit to more than 4%, more

09.14.2015

Employees in the oil and gas extraction, automotive component, support services and IT industries got the highest raises in the last eight years, following the increase in investments in their more

02.26.2015

Romania continues to have the second lowest monthly minimum wage in the European Union, after Bulgaria, although it posted the fastest growth in EU, of 95%, between 2008 and 2015, Eurostat data show. more

01.29.2015

Romania will raise the gross minimum wage to 1,200 lei (EUR269) in 2016, Prime Minister Victor Ponta stated Thursday. more

12.10.2014

Romania's government on Wednesday approved a bill raising the gross minimum wage in two stages in 2015, to RON975 in January and to RON1,050 in July, from the current RON900. more

11.26.2014

Romania will raise the gross minimum wage in two stages in 2015, to RON975 in January and to RON1,050 in July, from the current RON900, according to a draft government decision drawn up by the Labor more

10.13.2014

Romania will raise the gross minimum wage to RON975 as of January 1, 2015, from the recurrent RON900, Labor Minister Rovana Plumb said Monday at the Mediafax Talks about Private Pensions conference. more

09.29.2014

The rise in the wages of the 14,000 employees and the need for higher productivity are making French carmaker Renault, the owner of Automobile Dacia, consider improving automation of the plant in more

07.01.2014

The decline in total salaries is the price Romania pays for selling itself as a country of highly skilled yet cheap labor. Which explains why the flat consumer spending. more

04.16.2014

Wage raises at Dacia’s Mioveni plant by more than 150 lei (EUR34) per month would drive the company into a ‘red’ zone in terms of costs, causing Renault management to relocate production from more

03.24.2014

The average net wage in Romania is enough to buy 15 staple food baskets per month, while in Poland and Germany it can buy 25 and 50 food baskets, respectively. more

03.07.2014

Romanian average net salary fell 7.7% to 1,625 lei (EUR361.2) in January, from RON1,760 a month earlier, when monthly income was largely supplemented by one-time bonuses, the statistics institute INS more

02.06.2014

Romanian average net salary rose 6.7% to 1,760 lei (EUR370.3) in December, from RON1,650 a month earlier, largely boosted by one-time bonuses, the statistics institute INS said Thursday. more

12.11.2013

Romanians work about six days per month only to pay income taxes, similar to Czechs, according to a survey conducted by research company Accace. more

11.12.2013

Romania will get additional state budget revenue of RON344 million (EUR77.2 million) from raising the minimum wage, according to an official government document obtained by MEDIAFAX. more

11.05.2013

Romanian average net salary edged up 0.3% to 1,609 lei (EUR362.7) in September, from RON1,604 a month earlier, the statistics institute INS said Tuesday. more

10.05.2013

Romania’s Government wants to apply softer fiscal measures on the labor market next year and is considering either lowering social security contributions or eliminating the 16% income tax on minimum more