WAGES
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Romania Caps Public Sector Wage Raises At 60% Of Productivity Bonus - Draft
Salary increases for the employees of autonomous regies and state-run companies will be capped at maximum 60% of the productivity bonus, given that wage raises include all the bonuses that c...
State Companies Pay Their Employees Better Than Private Firms
Highest-paid employees in Romanian state-run companies earn net wages of EUR640 to EUR1,500 per month.
Government Says Won’t Hire Foreign Consulting Firm To Draw Up New Public Sector Wage Bill
The Romanian Government has rejected the Labor Ministry’s proposition to hire an international consulting firm in view of drafting the new bill regulating public sector wages in 2014, accord...
Romania May Raise Wages Of EU Fund Management Authorities’ Employees
Romania’s government will negotiate with the International Monetary Fund a special wage system for public servants involved in attracting European funds, which will use both national and EU...
Romania Readies New Public Sector Wage Law
Romania's public sector wages will be increased annually through the new wage law, starting 2014, in stages and successively, but only for state employees whose base salaries are lower than...
Finance Ministry Data Reveal Tarom Managers Got Highest Monthly Pay In 1Q
Romanian state-owned airline Tarom tops the list of state companies which granted the highest monthly average gross pay to their managers in the first quarter of the year, according to Finan...
State Company Managers Make Up To RON66,000/Month – Official Document
Romanian state-owned company managers make between 11,250 lei (about EUR2,600) and RON66,642 per month, and executive board members earn RON132 to RON33,000 monthly, according to a document...
Romania Caps Wages Of State Company Managers
Romania’s government will cap the monthly pay of state-owned company executives at six average gross wages in the field the company is present and bonuses will be granted considering perform...
Number Of Romanians Earning Over EUR1,000 Net Per Month On The Rise
Almost 225,000 Romanians earned more than EUR1,000 net per month (5,000 lei gross) last year, 19% more than in 2011, while the number of employees in the economy rose by less than 3% in the...