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Antibiotice CEO Ioan Nani Plans to Double Salaries at His Company in Five Years
The ambition of Ioan Nani, CEO of pharmaceutical producer Antibiotice Iasi and one of the longest-standing executives in local pharmaceutical industry is too boost sales and profitability ov...
Net Average Wage in Construction Sector Up 43%
The net average wage in the construction sector rose 43% in February 2018- February 2019 and the gross average wage rose by 18%, data published by the National Statistics Institute on Monday...
Public Sector Wage Bill at Its Highest in Romania
An analysis of the salary increases in the main categories of the public sector employees in the last few years shows the big winners in this department have been the healthcare and social w...
More Than 200,000 Romanians Earn Over EUR1,000 In Net Amount Per Month
More than 113,000 employees earning over EUR1,000 in net amount per month work in Bucharest, accounting for almost half of the number of people who earn that amount per month, April 2018 Lab...
20,000 New Hires And 20% Pay Raises In Public Sector In 2017
Almost 20,000 new jobs were created in the public sector last year, so the number of employees went up to 1.21 million in December, Finance Ministry data show.
Lidl Throws Down Salary Gauntlet
German-held discount store chain Lidl, which conquered local grocery retail in six years, will be raising the salaries of its more than 5,500 employees as of March 1.
What Will Courts Have To Say About Net Salary Cuts?
Employers who cut the net salaries of their employees as of 2018 because of the transfer of the social security tax from employers to employees might find themselves taken to court by disgru...
Bill On Social Security Tax Transfer Does Not Require Companies To Raise Gross Wages
The bill to modify the Fiscal Code to move the tax obligations from the employer to employee does not include any obligation for companies to raise the gross wages of the employees to keep t...
900,000 Employees In Romania Earn More Than RON3,000 Per Month, Three Times More Than In 2012
About 900,000 of the employees in Romania (18% of all the employees in the country) earn more than 3,000 lei (EUR657) in net amount per month, according to the Labor Ministry data processed...