THE BASIC MINIMUM GROSS SALARY AT THE NATIONAL LEVEL IN 2017
- Home
- News
- THE BASIC MINIMUM GROSS SALARY AT THE NATIONAL LEVEL IN 2017
Last updated: 18 January 2017
As of February 1st, 2017, in accordance with Government Decision no. 1/2017, published in the Official Journal no. 15 of January 6, 2017 the minimum gross salary guaranteed at the national level in 2017 will increase from 1,250 Lei per month (approximately 277 Euros) to 1,450 Lei per month (approximately 321 Euros) for a full-time job of 166 hours per month, namely 8,735 Lei/hour.
The basic minimum gross salary at the national level is defined as the lowest basic salary that an employee may be granted under an individual employment agreement, for a full-time job.
Establishing a basic salary inferior to the rate provided by the Decision abovementioned Decision represents a violation of the law and shall be punished by a fine between 300 Lei and 2,000 Lei.
Consequently, gross salaries inferior to the legal threshold received by full-time employees must be increased from 1,250 Lei to 1,450 Lei as of February 1st 2017. Given that this amendment is imposed by the law, in accordance with article 17 paragraph 5 of the Labour Code, concluding an addendum to the labour agreement is not compulsory.
On the same subject
NEW AMENDMENTS BROUGHT TO THE FISCAL CODE
These recent amendments are mainly related to the calculation of the 1.5% tax on special buildings and the exemption from the tax on profits reinvested in technological equipment; hereinafter you can find a brief description of these provisions. Read more
29 May 2014
UNFAIR COMPETITION: NEW RULES
Today’s article comprises a brief presentation of the procedures to be followed before Romanian courts by those affected by unfair competition and of the measures to be taken by the judges. Read more
28 May 2015
COMPANY RECOVERY UNDER COURT SUPERVISION
In a company’s life, market changes or bad management may lead to a situation where it can no longer cope with its debts, namely a default on payment. Read more
27 July 2017
LEGAL HOLIDAYS IN 2018
We are hereby sending you a summary of the legal holidays in 2018, in accordance with the provisions of the Labour Code. Read more
15 January 2018
GDPR: INVESTIGATION PROCEDURE
ANSPDCP is authorized to start surveillance and legality monitoring investigations either ex officio or as a result of a prior complaint made by any concerned persons against a data controller. Read more
6 November 2018
Subscribe to our newsletter
Please tick the following box to subscribe to our newsletter
