11.06.2024

ROMANIA INCREASES THE MINIMUM WAGE

From July 1, the minimum wage in Romania becomes 3,700 lei, which is about 1,454 leva. The increase was voted by the government in Bucharest, Radio Romania reports.

Currently, approximately 760,000 employees benefit from the minimum gross wage guaranteed upon payment, government spokesman Mihai Constantin said. More than 1.8 million employees will benefit, i.e. all employees who are in the salary range of 3300 to 3700 lei.

Prime Minister Marcel Cholaku specified at the beginning of the cabinet meeting that with the increase of the minimum wage an important step is taken to approach the level required by the European directive in the field.

The head of the Romanian government wanted to emphasize that the Ministry of Labor and social partners are already working on the mechanism that will introduce the European minimum wage in Romania by November.

The formula will take into account purchasing power, income level, average gross salary and labor productivity, the prime minister explained.