SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
SEE TOP 100
arrow
Browse SEE TOP 100
Latest in SEE TOP 100
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Romania to raise gross minimum wage to 2,550 lei (515 euro) as of 2022

Oct 5, 2021, 2:30:18 PMArticle by Nicoleta Banila
share
October 5 (SeeNews) - The Romanian government said that it has reached an agreement with trade unions on an increase of the gross minimum wage to 2,550 lei ($598/515 euro) per month from 2,230 lei as of January 1 next year.

Romania to raise gross minimum wage to 2,550 lei (515 euro) as of 2022
Author: Doinita Dolapchieva. Licence: All rights reserved.

In net terms, the minimum wage will rise by 10% to 1,524 lei per month, the government said at a press briefing on Monday evening .

"We have a 250 lei increase in gross value of the minimum wage compared to the current level and a 138 lei increase at the net level, and the hike will impact a total of 1.970 million employees," labour minister Raluca Turcan said in a televised statement following a cabinet meeting on Monday evening.

The government last raised the minimum gross salary in January, to 2,300 lei per month from 2,230 lei.

Nearly 1.2 million employees, or some 23% of all active employees in Romania, receive the minimum gross salary.

(1 euro=4.9485 lei)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.