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wage

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INS: Romania's Average Net Wage Down 8.5% To RON1,467 In January
Macroeconomics

INS: Romania's Average Net Wage Down 8.5% To RON1,467 In January

The average net salary in Romania fell 8.5% month-on-month to 1,467 lei (EUR337) in January, from RON1,604 in December, when holiday bonuses were paid, the statistics institute INS said Tues...

Bogdan Neagu · 06.03.2012 · 10:00 · 1 min
Banks-Insurance

Firms Could Reduce Costs If They Offered Employees Private Pension Instead Of Bonuses

Companies could reduce staff expenses by 1.4% and raise profit by up to 7% if they offered employees voluntary private pension instead of bonuses or wage increases, according to the Romanian...

Ioana Tudor · 25.01.2012 · 16:09 · 1 min
IT And Telecom Employees Got Highest Raises Since Start Of Crisis
HR

IT And Telecom Employees Got Highest Raises Since Start Of Crisis

Salaries in the IT and telecom industries have gone up 54% and 57% since the beginning of the crisis and signals on the market point to further raises, which makes them the best sectors to w...

Adelina Mihai · 30.12.2011 · 15:47 · 2 min
Banks-Insurance

Government Decides To Raise Gross Minimum Wage To RON700 In 2012 - Sources

The Romanian Government on Wednesday decided to raise the gross minimum wage in 2012 by 30 lei (about EUR7) to RON700 from RON670, people close to the matter told MEDIAFAX Wednesday.

Ioana Tudor · 14.12.2011 · 20:51 · 1 min
Programmers With No Experience Want At Least EUR500 For Starters - Employers
Technology &Telecoms

Programmers With No Experience Want At Least EUR500 For Starters - Employers

Young graduates from the Bucharest Polytechnic University, with no work experience, usually expect to be offered net salaries of EUR500 to EUR800 for starters, while programmers with work ex...

Adelina Mihai · 04.12.2011 · 12:59 · 2 min
Steel Industry Between Massive Layoffs And 50% Wage Raises In Recession
Companies

Steel Industry Between Massive Layoffs And 50% Wage Raises In Recession

The employees of steel companies, whose businesses made a significant recovery from the crisis thanks to a surge in exports, were among the most privileged in terms of wage raises during the...

Adrian Cojocar · 27.06.2011 · 00:03 · 2 min
Real Estate

Homes Cost 2.4 Salaries In Romania, 0.9 Salaries In Hungary

Apartments in Romania are still less affordable than in other countries in the region, reveals a regional survey by UniCredit. The only place where it is harder to buy a home is Russia.

Cristi Moga · 09.06.2011 · 00:00 · 1 min