wages

Romanian President Might Choose Not To Promulgate Teachers’ Wage Hike Law – Minister

17:00, 17 Oct. 2008
Romanian labor minister Mariana Campeanu said Friday that president Traian Basescu might not promulgate the law raising teachers’ wages considering he called for prudence in the context of the international financial crisis the day before.

Nokia’s Romanian Unit Employees Demand 50% Wage Hike

15:56, 17 Oct. 2008
Members of the Nokia Romania Free Union demanded Friday a 50% wage raise and the granting of a loyalty bonus of 1% for each year of employment at Finnish mobile giant Nokia’s plant in Jucu, in the northwestern Romanian county of Cluj.

Romanian PM Calls For Work Group On Wage Law

15:00, 17 Oct. 2008
Romanian Premier Calin Popescu Tariceanu on Friday urged for the establishment of a work group to draw up a series of minimum requirements regarding the bill on wages in the public sector.

Romanian Econ Unable To Support Teacher’s Pay Hike – PM

12:31, 17 Oct. 2008
Romania’s budget cannot sustain the 50% pay hike for teachers voted in parliament and the measure is likely to trigger a major economic crisis, Premier Calin Popescu Tariceanu said Friday.

Romanian PM Invites Political Parties For Talks On Public Sector Wages

19:41, 15 Oct. 2008
Romanian Prime Minister Calin Tariceanu intends to meet Friday with the leaders of the Parliament parties for consultations regarding the salaries of public sector employees, political sources told MEDIAFAX.

Romanian PM Lowers Wages Of Public Agency Managers

18:30, 14 Oct. 2008
The Romanian government on Tuesday decided to lower monthly wages in government-run agencies to match the wages earned by state secretaries, Premier Calin Popescu Tariceanu said.

Romanian Govt Eyes Regulating Wages Of All Govt-Run Agencies

14:12, 14 Oct. 2008
The Romanian Labor Ministry and Finance Ministry drafted a note targeting only government-run agencies and Prime Minister Calin Tariceanu asked ministers to draft a normative act regulating the wages of management in ministry-run agencies as well.

Romanian PM Halts Cabinet Meeting, Demands Additional Data On Wages In Govt-Run Agencies

13:38, 14 Oct. 2008
Romanian Prime Minister Calin Tariceanu interrupted the Cabinet meeting Tuesday to request additional data on wages paid in state agencies and government-run regulators, people close to the matter told MEDIAFAX.

Wages Of Romanian Govt-Run Agency Heads Subject To Grids

19:19, 13 Oct. 2008
The wages of the Romanian government-run agencies or watchdogs’ heads will not surpass a secretary of state salary, while the salaries of institutions' employees will be settled according to wage grids instead of negotiations within the organization.

Romanian PM Demands Populism, Communism Be Left Out Of State Companies’ Wage Policy

10:52, 13 Oct. 2008
Romanian Prime Minister Tariceanu demanded that “populism and communism” be left out when it comes to the salaries earned by managers of state-owned companies, which should be established according to their achievements, according to criteria applied in the private sector.

Romanian Constitutional Court To Discuss Teachers’ Wage Law Oct 15

15:33, 10 Oct. 2008
Romania’s Constitutional Court will debate on October 15 the government’s notification on the law raising teachers’ wages by 50%.

Romanian PM Invites Unions To Talks On Public Sector Wage Hikes

16:05, 07 Oct. 2008
Romanian Prime Minister Calin Tariceanu invited representatives of the country’s four union confederations to the government’s headquarters Friday to discuss the issue of wage hikes in the public sector.

Romanian PM Sacks Education Minister Amid Public Sector Wage Scandal

13:05, 07 Oct. 2008
Romanian Prime Minister Calin Tariceanu sacked education minister Cristian Adomnitei Tuesday amid a public sector wage scandal after lawmakers passed a law increasing teachers’ wages by 50%.

Romanian PM: Public Sector Wage Hikes Would Call For EUR2,000 Additional Taxes

16:57, 06 Oct. 2008
Potential wage hikes for all employees in Romania’s public sector would require total budget expenses of EUR10 billion, which could only be covered by taxing all 5 million employees with additional EUR2,000 each, Premier Calin Popescu Tariceanu said Monday.

Romanian President Certain To Promote Law Raising Teachers’ Wages

12:57, 01 Oct. 2008
Asked whether he would approve the law stipulating a 50% wage increase for teaching staff, Romanian President Traian Basescu said he is certain to promote the law.

Bucharest IT Employees Earn Twice As Much As Peers In Other Cities – Survey

18:10, 30 Sept. 2008
IT Employees in Romania’s capital Bucharest are paid double compared to their peers in Constanta, Galati or Oradea, and private companies pay an average of 50-60% more than public institutions, according to a survey on the website ghidul-salariilor.ro.

Romania’s Prognosis Commission Ups 2008-2013 Wages Growth Forecast

14:34, 25 Sept. 2008
Romania’s Prognosis Commission, or CNP, revised upwards its estimations for the salary growth between 2008 and 2013, seeing a net average salary of 1,260 lei (EUR1=RON3.6773) this year and to RON1,930 in 2013.

Romanian Ctrl Bk Official: Wage Hikes To Slow Over Next Yrs

14:16, 18 Sept. 2008
The wage hikes are seen slowing down in 2009, compared with this year and will be limited to single digit as of 2010, as Romanian productivity cannot support such growth, central bank adviser Lucian Croitoru said Thursday.

Gap Betw Romania’s National Net Avg Wage And Wages In Multinational Cos Narrowed In 2008 – PwC

12:48, 11 Sept. 2008
Differences between Romania’s national net average wage calculated by the official statistics board and the net average wage paid by private companies have reduced in 2008 compared to 2007, but large gaps remain for management positions, PricewaterhouseCoopers (PwC) said Thursday.

Romanian Govt Ups Min Wage To RON540 From RON500 Oct 1

15:38, 10 Sept. 2008
The Romanian government decided on Wednesday to increase the minimum monthly gross wages to 540 lei (EUR1=RON3.5974), based on the agreement the representatives of trade unions and employers signed with the government at the end of July.

Romanian Govt, Unions, Ownerships Sign Min Wage Hike Agreement

18:45, 25 Iul. 2008
The representatives of the trade unions and ownerships signed on Friday with the government the agreement that envisages a minimum wage hike to 540 lei ($239.5), from RON500 at present.

Romanian PM Proposes 8% Minimum Wage Hike To RON540

15:06, 16 Iul. 2008
Romanian Prime Minister Calin Popescu Tariceanu proposed Wednesday to the trade unions a minimum wage hike to 540 lei (EUR1=RON3.5952) from RON500 at present, which is to grow to RON600 on January 1, 2009.

Regional Wage Differences In Romania To Level On Investments

14:23, 10 Iun. 2008
Wage increases for employees in Romania up to a level similar to that in capital city Bucharest are possible on the medium term if investments increase locally and if companies relocate staff to regional offices, human resources experts said.

Romania’s 24% YOY Wage Hike In Apr Takes Direct Hit At Competitiveness – Ctrl Bker

12:45, 04 Iun. 2008
Romania’s 24% year-on-year wage increase in April is a direct hit at competitiveness, central bank deputy governor Eugen Dijmarescu said Wednesday.

EU Trims Romania 2008 Wage Growth To 10.4% From 12.2%

15:26, 28 Apr. 2008
The European Commission on Monday estimated average wages in Romania will see a 10.4% growth in 2008, down from a previous forecast of 12.2%, the commission said in its spring report.

Romanian Dacia Employees Reject New Wage Offer, Continue Gen Strike

14:24, 09 Apr. 2008
Employees of Romanian carmaker Automobile Dacia, the local unit of French Renault, continue the general strike started more than two weeks ago, union leaders said Wednesday after a new round of negotiations with management failed.

Romanian Railroad Employees Accept Wage Offer, Cancel Protest

15:22, 25 Mart. 2008
Romanian railroad employees cancelled the protest planned for Wednesday in Bucharest and accepted the salary offer made by transport minister Ludovic Orban Tuesday.

Employees Of Carmaker Dacia Start General Strike Monday

13:28, 20 Mart. 2008
Employees of Romanian carmaker Dacia Pitesti, the local division of French Renault, go on general strike March 24, after failed negotiations for higher salaries, union deputy leader Ion Iordache said Thursday.

Romania’s Labor Productivity Growth Faster Than Wages In 03-07

13:15, 12 Mart. 2008
Romania’s labor productivity grew at a slightly faster rate than the country’s average gross wages in 2003-2007, Vergil Voineagu, head of the Romanian Statistics Institute, said Wednesday.

Romanian Forecast Commission Issues Early Spring ’08 Econ Outlook

14:49, 08 Mart. 2008
The Romanian National Forecast Commission issued the 2008 preliminary spring forecast, touching the main macroeconomic indicators, the variation in industrial output, the trade balance, employment, wages, inflation and the exchange rates.

Wage Hikes Over 10% For Romanian Rail Employees Entail Layoffs – Minister

11:05, 05 Mart. 2008
Romanian transport minister Ludovic Orban said Wednesday a wage increase of over 10% for railroad employees is only possible in the context of layoffs, and cutting expenses for maintenance and investments to hike wages is unacceptable.

Some 42,000 Romanian Public Servants On Go-Slow Strike

09:55, 25 Feb. 2008
Some 42,000 Romanian public servants affiliated to the de National Federation of Unions in the Administration (FNSA) started Monday morning a two-hour go-slow strike, protesting against the government’s wage propositions.

Real Wages Must Be Sustained By The Economy – Ctrl Bker

10:23, 29 Nov. 2007
Real wages in Romania must be sustained by the bigger economic picture, and not social needs and if politicians fail to understand that, the market will correct imbalances, central bank governor Mugur Isarescu said Wednesday.

Wage Hikes Sustainable, Ctrl Bk Opinions Out Of Context – PM

19:54, 03 Nov. 2007
Romania’s planned public sector wage increases are based on the economic growth in the past few years and not populist criteria, and the central banker’s statements on the matter were taken out of context, Prime Minister Calin Tariceanu said Saturday.