Prime Minister Marcel Ciolacu announced the increase of the minimum wage to 3,700 lei from July 1, specifying that the 200 non-taxable lei will be maintained.
Marcel Ciolacu announced the increase in the minimum wage PHOTO Inquam
“From July 1, the minimum wage will increase to 3,700 lei gross. At the same time, we will maintain until the end of the year the facility granted to employers regarding the 200 lei exempt from taxes. We are in the right direction towards the implementation of the European minimum wage. This is the decision taken today, together with unions and employers, in the Tripartite Council”, wrote Prime Minister Marcel Ciolacu on Facebook.
According to a statement from the Government, the increase “will represent an increase of 12.12%, which means a net increase of 242 lei. Also, the tax deduction of 200 lei will be maintained until the end of the year”explained the Executive.
Prime Minister Marcel Ciolacu conveyed that the increase “incomes and protecting purchasing power are lines of action that we are constantly following at the level of the Government. As we established together with the unions and employers since the end of last year and reconfirmed today, in the meeting of the Tripartite National Council for Social Dialogue, we will increase to 3,700 the minimum gross salary per country guaranteed in payment, starting from July 1. At the same time, we will maintain until the end of the year the facility of the non-taxable 200 lei at the minimum wage, which, together with efforts to reduce inflation, protects the purchasing power of low-income employees”.
According to the cited source, the discussions continued “ensuring the workforce, attracting the money made available to Romania through the National Recovery and Resilience Plan and decoupling the fine point from the value of the minimum wage in the economy”.
Increasing the minimum wage
The Ministry of Labor must establish a new calculation formula for the guaranteed minimum gross salary in payment, taking into account the criteria required by the European Commission through Directive 2041/2022.
The directive was adopted on 22 October 2022 and provides that Member States must take the necessary measures to comply with this directive by 15 November 2024.The Member States shall immediately inform the Commission thereof. When Member States adopt those measures, they shall contain a reference to this Directive or be accompanied by such a reference on the occasion of their official publication. The methods of making this referral are established by the member states“, it is also stated in the Directive.
