wages

eJobs: Romanian Bank Employees Get Second Lowest Pay in CEE

Bank employees in Romania are the second-lowest paid in the region, with an average EUR718 a month, topping just Bulgarian banking sector employees, who earn a monthly average of EUR586, a comparative analysis by eJobs showed Wednesday.

Romanian Unionists Say Government Conditions Wage Law To Social Contributions Transfer

Romanian unionists said Friday in the aftermath of negotiations with the government that the government refused to renounce the initiative to transfer social contributions from employer to employee and even conditioned the wage law to this bill.

PM: Romanian Govt May Look Into Slightly Raising Public Wages, Pensions If Economy Allows It

The Romanian Government will look into slightly increasing public wages and pensions providing the economy is stable and registers growth, Prime Minister Emil Boc said Monday.

President: Romania Has No Money To Raise Pensions, Wages In 2012 Regardless Of Court Ruling

Romania’s President Traian Basescu said Wednesday on public radio RRA that, regardless of the Constitutional Court’s ruling on authorities’ decision to freeze pensions and wages in 2012, “there is no money”.

Romanian President: Pension Indexation Impossible When Deficit Hits EUR3.6B

Romania cannot adjust pensions when it has a public pension deficit of EUR3.6 billion, Romanian President Traian Basescu told private television ProTV.

Romanian Govt Wants 2012 Unitary Wage Law Approved By November

The Romanian Government wants the Parliament to adopt by November the bill on wages in the public sector in 2012, according to the Executive’s list of legislative priorities for this year’s second parliamentary session.

Romania To Raise Public Sector Wages 15% Next Year, Says Coalition Party Head

Romania may raise public sector wages 15 next year, either at once or in tranches, Marian Sarbu, head of coalition party UNPR, told Radio France International Tuesday.

Romanian Police Wages To Be Cut By 30% If Layoff Program Dropped

Romanian Interior Ministry employees’ salaries will be cut by 30% in December if the ministry layoff program is not carried out, Interior Minister Traian Igas said Monday.

Romania Might Have 40 Min Wage Standards, One For Each Economic Sector

Romania's labor union confederations on Friday suggested dividing the economy into 39 sectors, meaning there could be 40 minimum wage standards – one for each private sector plus the public sector.

Romanian Supreme Court Rules Teachers Will Receive Unpaid Salary Rights, Decision Is Binding

Romania's High Court of Justice upheld an appeal filed by the prosecutor general concerning Law 221/2008 on increasing wages in the education sector, so teachers will be paid the difference between salary rights set by the law and the real wages they received until December 31, 2009.

Romanian State Employees Might Have Higher Wages Starting Dec If Budget Revenues Allow Hike

The Romanian Government might decide to raise public sector employees’ salaries at the end of the year, so state employees will recover the money lost following wage-cut measures implemented in 2010, if budget revenues continue to increase, Finance Minister Gheorghe Ialomitianu said Friday.

Romanian Carmaker Dacia Employees Get RON260 Wage Raise

Employees of Romanian carmaker Automobile Dacia got a wage raise of 260 lei (EUR1=RON4.2065), or 13%, under the new collective work contract, Dacia union vice-president Ion Iordache told MEDIAFAX Tuesday.

EXCLUSIVE: Romania To Continue Spending Cut Policies In 2012, Amend Heating Aid Legislation

Romania’s Government has committed in negotiations with the International Monetary Fund to continue spending cut policies in 2012 to bring the budget deficit down to 3% and revise the heating aid system by end-July, so subsidies will be granted only to people on low income.

Romanian President Passes State Budget, Social Security Budget, Wage Bills

Romanian President Traian Basescu on Tuesday signed the 2011 state budget bill and social security budget bill, as well as the unitary wage and 2011 public sector wage bills into laws, the president’s office said in a statement.

T-Bills To Cover Romanian Public Sector Wage Cuts In 2010 – Bill

The Romanian opposition Social Democratic Party will put forward a normative act whereby the state will issue three-year treasury bills to cover a 25% public sector salary cut applied between July 1 and December 31, 2010.

Wages Of Temporary Workers In Romania Hiked An Avg 5% This Year – Survey

Wages of temporary employees in Romania have increased by an average 5% this year, with the biggest raises in sectors like IT, administration and banking, according to a survey conducted by staff recruitment firm Trenkwalder.

EXCLUSIVE: Romania Public Sector Wages To Grow Next Year But Stay 13.75% Lower Than Before Pay Cut

Base salaries in the Romanian public sector will increase by 15% in 2011 which means they will still be 13.75% lower than in June this year, when the Government slashed a quarter of state workers’ pay, according to the unitary wage bill obtained by MEDIAFAX.

President Says Romania Can Spend RON39B On Public Sector Salaries In 2011

Romanian President Traian Basescu said Monday evening on public television that Romania will be able to spend 39 billion lei (EUR1=RON4.2771) on public sector salaries in 2011, under the loan agreement with the International Monetary Fund.

IMF Rejects Romanian Minimum Wage Raise To Over RON650

The International Monetary Fund told the Romanian Government it disagrees with increasing the minimum wage in 2011 to over 650 lei (EUR1=RON4.2819), people with direct knowledge of talks told MEDIAFAX Wednesday.

Over 50,000 Firms In Romania To Go Bankrupt If Minimum Wages Hiked – SMEs Council Head

Romanian National Council of Private SMEs head Ovidiu Nicolescu said Tuesday that raising minimum wages will bankrupt at least 50,000 firms and will increase the number of unemployed people.

No. Of Romanian Private Sector Employees Dn 5% in Sept 2010, Wages Up 9% – Survey

The average number of employees in the Romanian private sector decreased by 5% in September 2010 compared to the same month last year, and employees’ average salary income was up 9%, according to a survey conducted by staff management company PayLogic.

Up to 750,000 Romanian State Employees Could Have Wages Raised

Up to 750,000 Romanian employees in the public sector could have their gross wages increased up to 850 lei (EUR1=RON4.2675), Labor Ministry state secretary Valentin Mocanu said Monday.

Romania’s August Net Salary Down 1.2% M-M To RON1,339

Romania’s net average salary in August was at 1,339 lei (EUR1=RON4.2815), down 1.2% compared with the previous month, the National Institute for Statistics said Tuesday.

Romanian Public Sector Wages To Increase As Of Jan 2011 – Deputy PM

Romanian public sector employees will have their wages hiked as of January 1, after they had to put up with a 25% wage cut measure recently implemented by the Government, and the increase level will be set soon, Romania’s deputy Prime Minister Marko Bela told a news conference Tuesday.

Romanian Real Wages Estimated To Drop 3.3% In 2010, To Increase Again No Sooner Than 2013

Romanian real wages are estimated to drop by 3.3% this year, after a 1.5% decrease in 2009, and they will increase again no sooner than 2013, according to the country’s three-year fiscal strategy approved by the Government Wednesday.

Romania’s July Net Salary Down 4.7% M-M To RON1,355

net average salary was at 1,355 lei (EUR1=RON4.2796) in July, down 4.7% compared with the previous month, the National Institute for Statistics, or INS, said Monday.

Romanian Unions To Rally On Oct 7 Over Public Sector Wage Law

Romanian unionists will rally in capital Bucharest on October 7, the World Day for Decent Work, angered by the country’s unitary wage law regulating wages across the public sector, which lowers salaries of all public sector workers as of next year.

Romanian Govt To Set Minimum Monthly Wage Level Next Week – PM

The Romanian Government will set the level of the minimum monthly salary next week, after a new meeting with union representatives, Prime Minister Emil Boc said Friday.

Romanian Union Head: Raising Public Sector Wages By More Than 10% Impossible In 2011

Cartel Alfa union leader Bogdan Hossu on Thursday said public sector wages in Romania won’t be raised more than 10% in 2011, considering that the salary fund will be lower by 15% - 20%, compared to 2010.

Romanian Public Sector Wages To Rise 10% Next Year, 13th Salary Scrapped – PM

Public sector wages in Romania will increase about 10% next year compared to the slashed levels in July if the Government eliminates the 13th monthly salary, Prime Minister Emil Boc said Wednesday on public radio.

IMF Advises Against Romanian Public Sector Wage Hikes In ’11

Romanian authorities could increase public sector wages next year, depending on the restructuring process, but the International Monetary Fund would recommend that salaries remain at current levels, Wednesday said Jeffrey Franks, head of the IMF mission to Bucharest.

Romania’s June Net Salary Down 0.4% On Month To RON1.422

Romania's net average salary fell 0.4% on the month in June to 1,422 lei (EUR1=RON4.2371), but was still up 3.1% compared with the same month a year earlier, the National Statistics Institute said Wednesday.

Erste: Romanian Disposable Income To Fall 10% In 2010

Romanian disposable income is expected to decrease by around 10% in real terms this year and by 0.8% in 2011, according to an Erste Bank report released Wednesday.

Romania’s Govt Rejects All Amendments To Draft Laws On Austerity Measures

Romania’s Government rejected all amendments to the draft laws for which it will seek a vote of confidence in Parliament on Monday, and preserved the austerity plan that cuts pensions and state employees’ wages and eliminates luxury pensions, Government spokeswoman Ioana Muntean said Saturday.

Romanian Railway Employees Threaten To Cease Work If Affected By Wage Cuts

Employees of Romania’s railway company CFR will not go on solidarity strike, union leader Voicu Sala told MEDIAFAX Monday, adding that, should the Government draw up a normative act aimed at cutting their salaries by 25%, the company will immediately cease all activities.

Romania Won’t Cut Wages In State-Owned Cos By 25% – Fin Min

Wages of employees in Romania’s state-owned companies won’t be cut 25% as in the rest of the public sector, Finance Minister Sebastian Vladescu said Monday.

Romanian Ctrl Bker: Wage Cuts, The Lesser Of Two Evils

Romania’s worst case scenario would be to fail at cutting pensions and wages, seen as the lesser of two evils, and to need an increase in the value added tax level, an adviser to the local central bank’s governor said Friday.

Romanian Unions Say IMF Deal Can Be Changed To Allow Only 10% Cut In Public Sector Wages

Unionists believe that Romania’s additional letter of intent to the standby agreement with the IMF can be modified so that pensions will not be slashed and the salaries of public sector employees can be cut only by 10% and only in 2010, not by 25% as announced recently.

Half Of Romania’s Public Sector Workers Earn Less Than RON1,500/Month

Nearly half of Romania’s public sector workers in public administration education and healthcare, or about 400,000 people, have wages of up to 1,500 lei (EUR1=RON4.1751), while 5.72% of state employees have wages between RON4,000 and exceeding RON8,000, according to Romania’s Finance Ministry.

Romanian Teachers Go On Full-Blown Strike As Of May 31

Romanian teachers will go on full-blown strike indefinitely as of May 31, will not take part in national tests and will attend a rally of public sector workers on May 19, union leader Aurel Cornea said Wednesday.