Gov’t adopts minimum wage hike

0

Get real time updates directly on you device, subscribe now.

The gross minimum wage will rise from 3,300 lei to 3,700 lei starting July 1, after the Government adopted the provision.

Thus, a person paid the minimum wage in the economy will have a net salary of 2,363 lei. Currently, the employee receives 2,079 lei minimum net wage.

The increase of the non-taxable amount from 200 lei to 300 lei, simultaneously with the increase of the minimum gross salary per country guaranteed in payment established by Government Decision to 3,700 lei from July 1, 2024, generates an impact on budget revenues of minus 261 million lei, informs the Ministry of Finance . This is for 5 months of application.

“Today’s most anticipated decision is the increase of the minimum wage from 3,300 to 3,700 lei per month, from July 1. It is a measure agreed with the social dialogue partners, which benefits over 1.8 million employees in Romania. Also, at the request of the business environment, we approved the increase from 200 lei to 300 lei of the untaxed monthly amount”, Prime Minister Ciolacu has previouslu announced, explaining that employees thus receive an additional 284 lei per month.

According to the Minister of Labor, a number of 1,871,266 employees will benefit from the increase of the minimum gross basic salary per country guaranteed in payment to 3,700 lei.

The minimum wage in the construction sector remains at 4,582 lei gross from January 1, 2024, which means that an employee paid in this way will still have 3,196 lei in hand. As for employees in agriculture and the food industry, the salary remains at 3,436 lei gross, which translates into a net of 2,396 lei.

DONATE: Support our work
In an ever changing and challenging world, the media is constantly struggling to resist. Romania Journal makes no exception. We’ve been informing you, our readers, for almost 10 years, as extensively as we can, but, as we reject any state funding and private advertising is scarce, we need your help to keep on going.
So, if you enjoy our work, you can contribute to endorse the Romania Journal team. Any amount is welcome, no strings attached. Choose to join with one of the following options:
Donate with PayPal
Donate by Bank Wire
Black Zonure SRL
UniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002

Leave A Reply

Your email address will not be published.