The decision to increase the gross minimum wage up to RON 1,250 (280 euro), starting 1 May 2016, has not been welcomed by the IMF. According to the fund representative, the minimum wage increases faster than labour productivity, which will affect the local companies’ competitiveness, discourages investments, and curves the employees’ desire to improve. The IMF representative said that the country’s minimum wage went above the EU average after the recent increase in May.
English: http://www.romania-insider.com/imf-minimum-wage-increases …
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.eu. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.
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