Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Romania's Govt. rushes up to hike minimum wage in line with prices

The Romanian Government is considering raising the minimum statutory wage before the end of the year, given rapid price increases, labour minister Raluca Turcan said in Ploiesti on Tuesday, September 21.

The rates discussed at this moment are between 8% and 12%, she added.

"At the moment, we are in the negotiation stage between employers and unions, and the Government has its own projection on the capacity to support the increase of the minimum wage. Usually, the growth is operated at the beginning of the year, but given the sharp increase of the prices, we are also considering a faster increase," the minister said, according to Agerpres.

The employers' associations have already protested similar plans voiced by prime minister Florin Citu. They argued that the companies already have their budgets approved, and paying higher wages as of October or November would complicate their plans.

The executive director of the Concordia Employers' Federation added that the companies need from the Government a calendar for increasing the minimum wage for at least 4 years, Wall-street.ro reported.

andrei@romania-insider.com

(Photo source: Gov.ro)

Normal
Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Romania's Govt. rushes up to hike minimum wage in line with prices

The Romanian Government is considering raising the minimum statutory wage before the end of the year, given rapid price increases, labour minister Raluca Turcan said in Ploiesti on Tuesday, September 21.

The rates discussed at this moment are between 8% and 12%, she added.

"At the moment, we are in the negotiation stage between employers and unions, and the Government has its own projection on the capacity to support the increase of the minimum wage. Usually, the growth is operated at the beginning of the year, but given the sharp increase of the prices, we are also considering a faster increase," the minister said, according to Agerpres.

The employers' associations have already protested similar plans voiced by prime minister Florin Citu. They argued that the companies already have their budgets approved, and paying higher wages as of October or November would complicate their plans.

The executive director of the Concordia Employers' Federation added that the companies need from the Government a calendar for increasing the minimum wage for at least 4 years, Wall-street.ro reported.

andrei@romania-insider.com

(Photo source: Gov.ro)

Normal
 

facebooktwitterlinkedin

1

Romania Insider Free Newsletters