Romania: first-ever sectoral agreement for bank employees

An article by Antoine Piel

Publication

18 December 2024 à 16h28

Reading time

1 minute

Publication: 18 December 2024 à 16h28

Reading time: 1 minute

An article by Antoine Piel

Publication

18 December 2024 à 16h28

Reading time

1 minute

Publication: 18 December 2024 à 16h28

Reading time: 1 minute

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The first sectoral agreement signed in Romania since 2011 came into force on 27 November 2024 with its publication in the official gazette. Signed in May, it was extended by the government in October and will therefore be applied to all 46,000 employees of 30 banks operating in the country (while only 25,000 belong to banks that are members of the signatory employer organisations). They will benefit from a contractual minimum wage of €824 per month until 1 May 2025 and then €904, when the...

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Featured image of the article Antoine Piel

Antoine Piel Section Head at Mind HR

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