The Minister of Labor in Romania announced hike in the gross minimum wage. The wage rate will be hiked from RON 1,450 to RON 1,900 as of January 2018.
The government plans to shift the social contributions from employers to employees, while cutting the amount levied on gross wages by 2 percentage points.This means that the level of social contributions will fall from 39.25 percent to 37.25 percent on the amount paid by employees.