A significant number, nearly 40%, of Romanian workers make Around the vicinity of minimum wage levels
Romania has implemented a new emergency ordinance, 142/2021, which sets a two-year limit on employment at the minimum wage, regardless of work hours. This move could impact a significant portion of the workforce, as approximately 39% of labor contracts are accounted for by the minimum wage and just above it.
According to data from the Labor Ministry and reported by Ziarul Financiar, there are currently 1.63 million employees earning just above the minimum gross wage, which is approximately EUR 800. The number of employees paid the minimum wage is 1.06 million. However, the total number of labor contracts in Romania is not specified.
The emergency ordinance, which took effect on January 1, 2024, does not specify any exceptions to the two-year limit. It applies to both full-time and part-time employees. The minister responsible for the Ministry of Labor who published data about the number of employees receiving minimum wage or slightly above is not explicitly named. However, the current prime minister, Ilie Bolojan, is engaged in reforms involving local administration employment.
The implementation of this ordinance could potentially affect the 1.06 million employees currently on the minimum wage. It might also lead to changes in the total number of labor contracts in Romania. It's worth noting that this ordinance has not been previously reported in the year-over-year (y/y) data provided by the Labor Ministry and Ziarul Financiar.
As of now, the minimum gross wage in Romania stands between RON 4,050 and RON 4,100, which is approximately EUR 800. The new ordinance could potentially impact the number of employees earning the minimum wage in Romania, although the exact implications are yet to be seen.
This news comes as Romania continues to navigate economic challenges and reforms, with the government's focus on fostering a more dynamic and equitable labour market. Stay tuned for more updates on this developing story.
Read also:
- Understanding Hemorrhagic Gastroenteritis: Key Facts
- Stopping Osteoporosis Treatment: Timeline Considerations
- Trump's Policies: Tariffs, AI, Surveillance, and Possible Martial Law
- Expanded Community Health Involvement by CK Birla Hospitals, Jaipur, Maintained Through Consistent Outreach Programs Across Rajasthan
