Salary in Romania
Due to its cheap cost of labor Romania was targeted by most multi-national companies which have setup hubs for production, marketing and development in different areas of the country. Most business offices however reside in Romania’s capital Bucharesti (Bucuresti) ranging from financial institutions, FMCG companies, media companies, etc.
In Bucharest there are jobs for everybody: you can find a job as a secretary/Personal Assistant to Engineers, IT people, accountants, managers, and CEOs. This is one of the reasons why most students come to Bucharest to study, they get a bigger opportunity to find a job during their education time or after they have finished their degree. There are good and really good universities outside Bucharest (such as Brasov, Cluj-Napoca, Timisoara or Constanta) but the lack of industry specific work places leads graduates back to Bucharest (if they do not go abroad after their studies).
All income in Romania is discussed as in net income. Nobody talks about gross income, mainly due to the fact that everybody pays more or less the same taxes regardless of how much or how little money they earn. Therefore we will not be dealing with taxes in this article.
The minimum (net) wage / salary for an 8 hour a day – 5 days a week job in Romania in 2012 is
700 ron 850 ron (since the 1st of January 2014, planned to be 900 lei by the end of the year) which is about 188 euro. That’s very little if you are living in Bucharest (and not only). Even for other smaller cities this income will not get you far. Usually, this income is earned by students or people without any university degree (cleaning ladies and the such).
Taking into consideration that the cost of living in Bucharest is relatively high (when compared to other cities in the country) the lowest salary one can expect is around 1000 ron – which is 227 Euro.
At the opposite pole specialists and entry-level managers (with no team or small teams) earn from 700 to 1500 euro, CFOs should take home around 2000-3000 euro and CEOs from 3500 and beyond.
In order to better understand what you can do with this money you should checkout the cost of living in Bucharest page.
If you are planning to live here and are being offered more than 3000 euro / month you should be good on your way to living a decent life. Of course, depending on your lifestyle you could get around for a lot less than this, as many inhabitants of this city actually do.
The average, most commonly heard of salary in the rest of Romania is between 1500 and 3000 ron (340 Euro – 680 Euro) depending on industry and experience however there are some cases where you can earn more than 1000 euro too. It depends a lot on where you are going to work and what you are going to do.
Finding jobs in Romania
Alternatively you can contact a headhunting agency and depending on your skills you could end up getting a job faster than randomly applying on job portals.