Prime Minister Marcel Cioacu announced that the Government will adopt, at its Thursday's meeting, the formula for updating the minimum wage based on the inflation rate and labor productivity.
"We are adopting the mechanism for updating the minimum wage based on inflation rate and labor productivity. It is a European calculation formula, assumed under the PNRR [the National Recovery and Resilience Plan]. The evolution of the minimum wage thus becomes much more predictable, this formula was established last year, together with the social partners," said the Prime Minister at the beginning of the government meeting, Agerpress.
According to the government decision, the minimum basic gross salary guaranteed in payment is established and updated "in line with the evolution of the inflation rate and with the evolution of the labor productivity forecast, according to a calculation formula," the draft law's explanatory note states.
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