wage
43 articole · RSS
Foreign Investors Caught in Low Wage, Underdeveloped Economy Trap
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, m...
Wage Raise For Education Staff To Benefit 359,810 People, With RON1.6B Impact On State Budget
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.
Employees In Ten Industries Saw Over 50% Raise In Pay In 2008-2015
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 the...
Maure: Automobile Dacia Plant To Be Automated Gradually
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 pla...
Total Salaries In Romania Down EUR11B Since 2008
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.
Stroe: Raising Dacia Wages Too Much Would Push Production To Morocco
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 fro...
One Month’s Salary Enough To Buy 15 Staple Food Baskets In Romania
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.
INS: Average Net Wage Falls 7.7% In January
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 inst...
Holiday Bonuses Boost Wages In December
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.