In October, the net salary reached 3,544 lei. Highest earnings – in IT, lowest in Hospitality

bani transfer online card Sursa Foto: Pexels

In October 2021, the average gross nominal earnings were 5773 lei, 41 lei (+0.7%) higher
than in September. The average net nominal earnings were 3544 lei, up by 27 lei (+0.8%) compared to the previous month.

The highest values of average nominal net earnings were recorded in service activities
in information technology (including computer service activities) (8596 lei), and the lowest in
hotels and restaurants (1907 lei).

October 2021 compared to October 2020

Compared to October of the previous year, average nominal net earnings increased by
6%.The real earnings index (ratio of the index of nominal net earnings to the consumer price index) was 98.2% for October 2021 compared to the same period of the previous year. The real wage gain index was 99% for October 2021 compared to the previous month. Compared to October 1990, the real earnings index was 220.8%, up 2.2 percentage points lower than in September 2021.

 

How did wages change from month to month? October 2021 compared to September 2021

In October 2021, in most activities in the economic sector, the level of average net earnings increased compared to the previous month as a result of occasional bonuses (quarterly, annual or special performance bonuses), entitlements in kind and cash allowances, net profit amounts and other funds (including vouchers). Increases in average net earnings were also due to production achievements or higher receipts (depending on contracts/projects).

The most significant increases in average net earnings at section/division level:

– By 8.1% in the metalworking industry;
– between 3.5% and 7.5% in manufacture of tobacco products, publishing activities, manufacture of substances and
chemical products, manufacture of computers and electronic and optical products, research and development;
– between 1.5% and 3.0% in other mining and quarrying, storage and support activities for transportation, transportation by water, manufacture of electrical equipment, postal and courier activities, electricity, gas, steam, hot water and air conditioning supply, professional, scientific and technical activities, manufacture of rubber and plastic products, manufacture of fabricated metal products (except machinery and equipment), administrative and support service activities.

The decreases in average net earnings compared to September 2021 were due to the granting in previous months of occasional bonuses, rights in kind and cash benefits, amounts from net profit and other funds (including vouchers). Also, the decreases in average net earnings were due to business interruptions/stops, technical unemployment or partial remuneration of employees, production shortfalls or lower receipts (depending on contracts/projects).

The most significant decreases in average net earnings at section/division level:
– by 21.5% in crude oil and gas extraction and by 12.5% in manufacture of other manufactured products.
and products obtained from the processing of crude oil;
– between 6.5% and 7.5% in service activities incidental to mining, printing and reproduction of recorded media,
mining of metal ores;
– between 1.0% and 3.0% in forestry and logging (including fishing and aquaculture), activities auxiliary to financial intermediation, insurance and pension funding, other service activities, wood processing, manufacture of wood and cork products (except furniture, including manufacture of articles of straw and plaiting materials), manufacture of motor vehicles, trailers and semi-trailers, manufacture of beverages, repair, maintenance and installation of machinery and equipment, manufacture of basic pharmaceutical products and pharmaceutical preparations, hotels and restaurants.

In the public sector, increases in average net earnings compared with the previous month were recorded in health and social work (+3.8%) and education (+2.5%). In public administration, average net earnings were at the same level as in the previous month.

Sursa Foto: Pexels

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