written by Netea AlinaSeptember 23, 2022 The Importance of Payroll Process in a Company One of the most important processes within a company is the payroll process, as it is crucial for the smooth operation of the entire business. For any company, timely and accurate salary calculations translate into employee productivity and motivation, as well as
written by Netea AlinaJune 22, 2022 Salaries are the foundation of maintaining financial stability and the longevity of a company. Correctly and timely calculated, as well as in accordance with current legal regulations, salaries are also the cornerstone of the employer-employee relationship in any organization, regardless of the field of activity, which increases the importance of
written by Netea AlinaNovember 1, 2021 As we already know, at the beginning of October, it was decided to increase the minimum wage. Thus, according to Government Decision no. 1,071 of 2021, published in the Official Gazette on October 5, the gross minimum wage will increase from 2,300 lei, as it is currently, to 2,550 lei,
written by Netea AlinaAugust 28, 2021 Companies that aim to perform well and avoid being impacted by unforeseen events, such as those triggered by the pandemic, will find it more beneficial—and sometimes even cheaper—to outsource certain processes. This statement is also true for outsourcing payroll services, which generally involve repetitive, time-consuming tasks that, in the past
written by Netea AlinaApril 13, 2020 A crisis period, such as the one we are currently experiencing, has significant implications for the business environment, especially regarding the uncertainty created and the lack of a tangible timeframe in which things might return to normal. Such situations are true tests for companies and often highlight certain vulnerabilities in
written by happyadminJanuary 28, 2016 The highest benefits were granted during the year by companies in IT&C and pharmaceutical industry On Holidays, the employees in Romania have received on average a gross bonus of 785 lei Meal tickets, medical or gym subscriptions – among the most common benefits The value of benefits provided by
written by happyadminJanuary 27, 2016 The personal deduction is a fiscal benefit that is given to the employees in Romania with individual labor contract, regardless of its nature (full-time / part time, fixed term / permanent) solely at the employer where the employee declares its basic function, for revenues less than 3.001 lei. The amount
written by happyadminJanuary 11, 2016 The medium gross salary for this year was established at 2.681 lei, according to the Law no. 340/2015 regarding the state budget for 2016. Thus, the medium gross earning used for the substantiation of the social security state budget increases by 266 lei comparing with the previous year. The medium
written by happyadminJanuary 5, 2016 The gross national minimum wage guaranteed for payment will increase from 1 May 2016 with 200 lei to 1,250 lei, according to the Government Decision 1017/2015 published in the Official Gazette of December 31, 2015. The new value of the minimum wage means, for a full program of 169.333 hours
written by happyadminNovember 23, 2015 November 30th – St. Andrew the First-Called, Protector of Romania and December 1st, Romania's National Day are legal holidays, when the employees are not working, under Article 139 of the Labor Code. Thus, Monday and Tuesday are legal days off, paid by the employer under the law. Also, these days
