Romania to Increase Minimum Wage Feb. 1

By Molly Ward

The monthly minimum wage in Romania is to increase to 1,450 lei ($341) from 1,250 lei ($294) on Feb. 1, the Romanian government said Jan. 6 in a news release.

Under the new minimum wage, the hourly minimum wage would be 8.735 lei ($2.06). The minimum wage will apply to employees working a full schedule of 166 hours per month.

The move to increase the minimum wage comes after a Jan. 4 vote of confidence for the new left-leaning government.

Fines for failing to pay the established minimum wage will range from 300 lei ($71) to 2,000 lei ($471), the government decision said.

The minimum wage was last raised in May 2016 to 1,250 lei and applied to those working 169 hours per month.

To contact the reporter on this story: Molly Ward at mward@bna.com

To contact the editor on this story: Michael Baer at mbaer@bna.com

For More Information

The news release can be found in Romanian at http://gov.ro/ro/media/comunicate/informatie-de-presa-privind-actele-normative-adoptate-i-de-care-guvernul-a-luat-act-in-sedinta-din-6-01-2017&page=1.

Text of the minimum wage decision can be found in Romanian at http://lege5.ro/Gratuit/ge2daojwga4a/hotararea-nr-1-2017-pentru-stabilirea-salariului-de-baza-minim-brut-pe-tara-garantat-in-plata.

More information on payroll issues in Romania can be found in the Romania country primer.

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