WAGES
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Survey: Construction Firms In Romania To See 5% Up To 28% Higher Costs Due To New Wage Regulation
Companies operating in the Romanian construction sector will register 5% up to 28% higher costs, while the employees in the sector will benefit from tax advantages following the enforcement...
PwC: Romania’s West Region Attracts Foreign Direct Investments Of Over EUR5B
Foreign direct investments (FDIs) in the four counties in Romania’s West Region - Timis, Arad, Hunedoara and Caras-Severin- doubled between 2008 and 2016, to EUR5.6 billion, with the bulk be...
Central Bank Governor: Wages Should Go Up to Mitigate Workforce Drain
Wages in Romania should go up to mitigate the labor force drain, but in certain conditions and with complementary benefits, Romanian central bank governor Mugur Isarescu said Thursday.
Survey: Over 60% Of Employees In Romania Expect No Wage Raises In Next Six Months
Over 60% of employees in Romania do not expect wage raises in the next six months, nearly 65% feel more stress at work and 60% plan to get a new job in the coming year, according to a survey...
Smartree: Romania Private Sector Wages Rose 5%, Bonuses Grew 12% In January-September 2017
Wages in the private sector in Romania grew 5% and salary bonuses rose 12% on the year in January-September 2017, according to the Smartree Workforce Index study.
Smartree: Private Sector Wages Grew 7% on Average in 1H/2017
Wages in the private sector in Romania grew 7% on average in the first six months of the year compared with the same period last year, due to an increase in minimum wage and possibly due to...
Labor Minister: Public Workers’ Wages To Go Up By 25% As Of January 1, 2018
Romanian Labor Minister Lia Olguta Vasilescu said Monday evening that all wages of public workers would increase by 25%, as of January 1, 2018, arguing the "perverse effect" of wage raises i...
Eurostat: Romanians, Among Europe’s Lowest-Paid Workers
Romanians are among the lowest-paid workers in Europe, being outranked only by Latvians, according to data released on Thursday by EU’s statistical office Eurostat.
SMARTREE: Private Sector Wages In Romania Up 8%, Bonuses Up 22% In 3Q/2016
Wages in the Romanian private sector rose by 8% and bonuses grew by 22% in the third quarter of 2016 and the evolution is felt in all areas amid fiercer competition on the labor market, acco...