Only one in ten employers plan to adjust gross pay in the context of the elimination of tax relief for employees in IT, construction and agriculture and expect lower employee motivation and higher staff turnover, according to a survey conducted by PwC Romania, between 14-20 January. ‘Only one in ten employers intend to adjust the gross salary in the context of elimination of tax relief for IT, construction and agriculture employees, and expect a drop in motivation for the employees and higher turnover’ according to the results of the HR Barometre survey made by PwC Romania between 14-20 January 2025. According to the ordinance, adopted at the end of 2024, starting with January 2025 incomes, the tax facilities concerning the exemption from income tax and contributions to privately managed pension funds for employees in the IT, construction and agri-food sectors, previously applicable for gross monthly incomes up to and including RON 10,000, are abolished. For example, in IT the elimination of the exemption from income tax and reintroduction of compulsory contribution to Pillar II pensions lead to monthly losses between 650 and 1.125 lei for those with gross salaries between 10,000 and 20,000 lei. At the same time, two out of ten companies intend to attenuate the impact of the fiscal changes through supplementary benefits or training and personal development programmes. More than half of the interviewees consider that the elimination of the exemption from income tax will lead to reduction of motivation and productivity of the employees, and four out of ten companies consider that personnel turnover will increase among the employees affected by the legislative changes. A third say they did not take any measures until now and 46% did not take any decision. The HR Barometer survey was conducted by PwC Romania between 14 - 20 January 2025, based on information provided by 130 participating companies from IT and Telecom - 22%, Outsourced Services - 17%, Financial Services - 12%, Industrial Products - 10%, Consumer Goods, Distribution - 9%, Retail - 9%, Pharmaceuticals - 7%, Automotive - 7% and Construction - 2%.
Romanian director Cristian Mungiu will be part of the jury that will judge the films in the main competition of this year’s Venice Film Festival - Venezia 82. The jury, headed by American director Alexander Payne, includes French director and screenwriter Stéphane Brizé, Italian director and screenwriter Maura Delpero, Iranian director and writer Mohammad Rasoulof, Brazilian actress, writer, and […]
Romania continues to face significant prison overcrowding, according to the Council of Europe’s latest data, released on Friday, July 18. The 2024 Annual Penal Statistics on Prison Populations (SPACE I) show that Romania is among six countries in Europe with severe overcrowding, housing 116 inmates for every 100 available places. The report, which...
Chris Hemsworth returns to Disney+ in August with a new season of the National Geographic documentary series Limitless, this time focused not just on longevity, but on discovering how to live better. Titled Limitless: Live Better Now, the three-part season follows Hemsworth through physical, emotional, and mental challenges across six countries, with one standout episode […]
The Black Sea 200 Regatta 2025, Romania’s first non-stop offshore regatta with a 200 nautical mile route, takes place between July 21 and 27. Now in its first edition, the event brings together more than 10 boats from Romania and Bulgaria, according to the organizers. The endurance course will start and finish in the Romanian […]
The National Environmental Guard has fined an illegally operating zoo in Dâmbovița county, southern Romania, a total of RON 120,000 following a joint inspection that uncovered serious violations, including the lack of environmental authorization and inadequate conditions for wild animals kept in captivity. The zoo was reportedly charging RON 50 per person for entry and […]
The National Cybersecurity Directorate (DNSC) and engineering company Enevo Group have signed a strategic cooperation agreement to strengthen cybersecurity in Romania’s energy sector. The partnership aims to test and develop monitoring and alerting technologies for cyberattacks, and to improve national response coordination to incidents affecting critical infrastructure, the companies said. The agreement focuses on sharing […]
