Romania

Last Update by Marta, 30 Jan 2025

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Exchange Rate

17 Feb 2025

 

Cost of Living

Indicative value for a working adult in a city: Bucharest

Publicly available data (Numbeo, etc..), verified by Marco’s in-country staff

Living Requirement Indicative Amount (RON)
McDonalds Set Meal 35
Monthly Train and Bus Tickets 80
3 Bedrooms Rental (City Center) 5,140
3 Bedrooms Rental (Outskirt) 3,520

Current Inflation Rate

5.1%

Wage

Minimum Wages

  • 4,050 RON per month

Median Salary

Estimated based on general positions such as HR, Accounting, Admin roles, in tier one cities.

Job Level Monthly Salary (RON)
Entry-Level
Fresh Graduate
4,500
Mid-Level
5 Years
6,000
Experienced & Managerial Level
10 Years
10,000
Specialized & Senior-Level
15 Years
12,000

Annual Salary Growth

12.3%

Statutory Contribution

All countributions are paid monthly by the employer to the CAS and CNAS, up to 25 of the following month.

Country Level

Type Employer Rates Employee Rates Notes
Labour fund 2.25%
- All staff
Pension and Disability Fund (optional) 4% - All staff under particular work conditions
Social Security - 25% All staff
Health Insurance - 10% All staff

Income Tax

Residents

  • Tax period: 1st January - 31st December
    Filing due date: May
  • Flat rate: 10%

Non-residents

  • Depends on the double taxation agreement between countries. Typically, only income originating in Romania is taxed at 10%
  • A tax resident is an individual who meets one of following criteria:
    - Residence in Romania for at least 183 days in a calendar year
    - Have their centre of life interests in Romania

Working Hours

Statutory

40 hours
8 hours a day, 5 days a week

Typical practice

40 Hours
Monday - Friday

Overtime

Working hours including overtime can not exceed 48 hours per week

  • Compensated by paid leave during work time, for hours worked, given within 60 days of when the overtime was completed
  • When paid leave is not possible, staff receive minimum 75% base salary pro rated
  • On public holidays , staff receive minimum 200% base salary pro rated

Employment Contract

Permanent

Contract Format

Written, in Romanian signed by both parties.
Copies in other languages accepted, but the Romanian version prevails.
It is possible to use a qualified electronic signature.

Payroll Currency

RON

Probation

  • - Executive positions: 90 calendar days
    - Managerial positions: 120 calendar days

Termination

The contract may be terminated by the employer, the employee or by mutual agreement

  Voluntary Resignation Involuntary Termination Economic Layoff
Notice Period - Probation - No notice period - No notice period - No notice period
Notice Period - Regular - Managerial positions: 45 working days

- Non-managerial position: 20 working days
- Managerial positions: 45 working days

- Non-managerial position: 20 working days
- Managerial positions: 45 working days

- Non-managerial position: 20 working days
Severance Pay - - No mandatory severance pay, unless the relevant trade unions have agreed otherwise - No mandatory severance pay, unless the relevant trade unions have agreed otherwise

Public Holiday

11 days

Country Level

Date Name
01 Jan - 02 Jan New Year's Day
06 Jan Epiphany
07 Jan Synaxis of St. John the Baptist
24 Jan Unification Day
18 Apr Orthodox Good Friday
20 Apr - 21 Apr Orthodox Easter Day
01 May Labor Day
01 Jun Children's Day
08 Jun - 09 Jun Orthodox Pentecost
15 Aug Assumption Day
30 Nov St Andrew's Day,
01 Dec Great Union Day
25 Dec - 26 Dec Christmas Day

Leave

Leave Type Entitlement Notes
Annual Leave 20 working days All staff
Sick Leave 183 calendar days All staff that have 6 in 12 months social security contributions
For the first 5 days paid by employer - 75% salary
After 5 days paid by government - 75% salary
Maternity Leave 126 calendar days
63 days before birth, 63 after
All expectant mothers with 6 months' service
Paid by government - 85% salary
Maternity Risk Leave 120 calendar days before or after maternity leave All staff, whose employer cannot guarantee working
conditions that are free of risks to their health or that of their child.
Paid by government - 75% salary
Parental Leave Up to 2 years All parents till the child turns 2 years old
Paid by government - 85% salary
Paternity Leave 10 working days
15 working days - father who have taken a childcare course
All expectant fathers
Paid by employer - 100% salary

Reference

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