Newsletter Dezember 2017

THE MINIMUM WAGE ACC. ORDINANCE NO. 846/29.11.2017 OF THE ROMANIAN GOVERNMENT

  • From 1 January 2018, the minimum wage will increase from 1,450 lei to 1,900 lei for full working hours of 166,666 hours per month on average in 2018, or 11,40 lei/hour.
  • The increase in the gross minimum wage represents an increase of 31.03% compared to 2017 and is influenced by the transfer of social security contributions from the employer to the employee, which is 22.75%.
  • Fixing the gross salary of employees below the minimum wage is considered as a violation and will be punish with a penalty between 300 Lei and 2,000 Lei per labour contract.

SOCIAL SECURITY CONTRIBUTIONS ACC. TO ORDINANCE NO. 79/2017 FOR AMENDING AND SUPPLEMENTING THE TAX CODE

  • Part-time workers with a gross salary below the minimum wage must pay the sick (10%) and pension insurance contributions (25%) at the level of the minimum gross wage, i. e. 190 Lei sickness insurance contributions or 475 Lei pension insurance contributions. Note: Persons who have concluded several part-time labour contracts and whose cumulative gross income exceeds the gross minimum wage are not affected.
  • As outlined in Appendix 1 to this newsletter, the application of this legal provision may in individual cases lead to negative net wages for part-time workers.

 

APPENDIX

 

Example 1: Part-time 4 hours/day, excluding deductions and meal vouchers.

Description20172018
Gross wage part time 4 hours725950
Employee social security contributions (16.5% in 2017 vs. 35% of the minimum
wage in 2018)
120665
Wage tax (16% in 2017 vs 10% in 2018)4929
Net wage556256
Employer social security contributions (2% of gross salary and 21% of minimum
wage in 2017 vs. 2.25% in 2018)
31721
Total (gross salary + Employer social contributions)1042971

 

Example 2: Part-time 2 hours/day, excluding deductions and meal vouchers.

Description20172018
Gross wage part time 4 hours362475
Employee social security contributions (16.5% in 2017 vs. 35% of the minimum
wage in 2018)
60665
Wage tax (16% in 2017 vs 10% in 2018)00
Net wage302-190
Employer social security contributions (2% of gross salary and 21% of minimum
wage in 2017 vs. 2.25% in 2018)
31111
Total (gross salary + Employer social contributions)673486