wages
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Net public sector wage raise cost: 1.4 billion euros
In order for net salaries to increase by 15%, another 100,000 public sector employees should be made redundant, calculations show.
IMF money wasted on wages and interests
The government managed to keep the budget deficit within the bounds agreed with the IMF, at 7.2% of the Gross Domestic Product, but that was only because of temporary cost-cutting measures t...
Romania, EU champion of untaxed wages
The share of Romanians who receive untaxed wages is almost five times higher than the European average, which stands at 5%. In addition, the share of Romanians who did not know or refused to...
PwC: Rising wages and poor infrastructure obstruct foreign investors
The rising wages, the increasing shortage of a specialised workforce and the labour conflicts of recent months are eroding Romania's competitive edge as a destination for foreign investment...
No fixed wages for real estate project managers
On the other hand, on the real estate market, developers' country managers cashed in tens of thousands of euros, whilst real estate brokers received bonuses worth one million euros. Real est...
Construction workers ask for 700-euro wages to come back home
Romanians employed in the constructions sector in Italy say they would come back home if they were paid 600 to 800 euros per month, three times higher than the official average wage on the R...
BMW: Romanian wages, 20% of Western European level
BMW did consider building a plant in Eastern Europe, but the presence of important suppliers on markets in the West outweighed the advantages of the cheaper labour in the East. "Compared to...
Centrofarm: Pharmacist wages up 20% in 2007
Centrofarm has increased its number of employees by 26% over the last year, to 355 people, after it opened new pharmacies. The shortage of pharmacists is being strongly felt by the main netw...
An MBA does not guarantee higher wages
Master of Business Administration (MBA) programmes do not guarantee a higher wages for employees; on the contrary, such a diploma can have a negative impact on employers. "There is the idea...