Marius Budai announces a new salary increase in Romania! Employees who will benefit from extra money

According to Marius Budăi, the law will be finalized by December 2024, but the procedure must respect certain stages,

He claims that Romania must aim for half of the gross average salary per country.

“I have information from the Ministry of Labor, from my colleagues, that the implementation of the directive will be completed in Romania; the law will be completed in Romania by December 2024. Another increase in the minimum wage is coming. There are stages that we must go through .

Attention, we must discuss closely in the Tripartite National Council with the social partners, I mean here the employees and employers, to find that solution and those principles from the directive: the average salary or the average minimum salary – let both be respected and aim for half the salary gross average per country, explained Marius Budai.

“There are measures that we must implement. I have a signal here: we must not end up in a situation where the best is the enemy of the good, that is, to increase a minimum wage without a support behind it, so as to disrupt the business environment, but we must also take care of the workers.

I know there are thoughts so that for those on low incomes let’s talk about a certain tax – let’s see if we can talk about the progressive tax.

I have no measure now, I am not the one working on the reform. What I want to say is that we have these thoughts, at least within the PSD, that for those with low incomes we should see how we do with taxation and, above all, let us all realize that a fiscal reform does not necessarily mean coming with increases of taxes. This is not sound tax reform. We have to think about a rearrangement of taxes”, Marius Budai also said on Realitatea PLUS.

The European minimum wage comes into force on 1 July

In Romania, the European minimum wage enters into force on July 1. Then, it will increase from 3300 gross lei to 3700 gross lei.

This summer will therefore be achieved the European objective which says that the poorest employees must be paid at least half of the average wage in the economy. And the average salary taken into account when basing the state social insurance budget for 2024 is 7,567 lei.

The Scial-Democrats recently announced that they assume as a major political objective the implementation of the European minimum wage in Romania, until the end of 2024.

“PSD assumes as a major political objective the implementation of the European minimum wage in Romania, by the end of 2024. In this sense, PSD specialists are already working on the elaboration of a regulatory proposal, for the transposition into national legislation of the European Directive on adequate minimum wages in the Union European”, according to a press release.