HR & Labor
The minimum wage is 217 EUR per month.
The employer contributes 20.8% of the general fund.
The employee contributes 10.5% of the monthly wages. There is no official contribution ceiling.
Based on Romanian Labor Code. employees are not entitled to severance payments, unless specifically agreed in the employment agreement.
The employee must provide a written notice of 20 days if they hold a non-managerial position and 45 days if they have a senior/managerial position. An employee can terminate employment without a notice if the employer failed to meet the requirements set in the employment agreement.
Employer is required by law to provide a notice of 20 working days. However it is common practice to give employee loner notices.
Employees are entitled to a sick leave after working in the company for one month. They will receive maximum of 183 days. In case of certain illnesses, the sick leave can be 18 months. The employer is responsible for the medical leave allowance the first five days of the leave, afterwards the National Social Security Fund will take over. First six months of the leave, the employee receives 75% of the average salary and 100% in case of severe illness.
According to Romanian Labor Code, employees are entitled to at least 20 days of paid vacation per year.
There are 10 paid public holidays.
Additional Employee Withholdings
1) Public Health Insurance
2) Medical leave and compensation fund
3) Unemployment contributions
1) Employer contributes 5.2% of their general fund.
2) Employer contributes 0.85% of their general fund.
3) Employer contributes 0.5% of their general fund.
1) Employee contributes 5.5% of their monthly salary.
2) Employee contributes 0%.
3) Employee contributes 0.5% of their monthly salary.
VAT is 19% standard rate.