Salary payment in Romania
- Employer's contributions: Social contributions 38,33%, Social Insurance 23.33%, Health insurance 7%, Unemployment assistance 5%, Hedge funds 2%, Labor safety 1%
- Employee's contributions: Social contributions 19,67%, Social insurance 11.67%, 7% Health insurance 7%, Unemployment assistance 1%
- Taxes between 18% and 40%
- Programmers that have had a minimum contribution of 10.000$ at the company's external sales, will be exempt from wage taxes during the next years
- In Romania the agreement on wages between employer and employee will always regard the net salary. That means that the employer should always keep in mind the ancillary wage costs, too, when negotiating a salary
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