Planning budget for 2019 should take into consideration proposed general increase of minimum gross salary at level of Romanian economy from 1,900 lei to 2,080 lei. Additionally, the factors of differentiation would be the university studies and years of experience. These could lead in some cases to minimum required salary of 2,350 lei.
The individual increase of gross salary in the range of 9.4%-23% could determine significant impact in budgeting 2019, depending by the structure of personnel and pay strategy.
Update of planned budget 2019, agile thinking and increase in prices will be some of actions especially for companies using extensively employees paid in 2018 with minimum gross salary, in the Romanian market characterized by continuous growth of labor demand.
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