Romania’s net average wage down 2.4 percent in August 2019, to RON 3,044

Aurel Constantin 08/10/2019 | 10:46

Net nominal average wage decreased to RON 3,044 in August this year, a decline of RON 75 (-2.4 percent) compared to July 2019, according to National Institute of Statistics data. The gross nominal average earning was RON 4,981, down RON 110 (-2.2 percent) from the previous month.

“The highest values ​​of the average net nominal wage gain were recorded in information technology services activities (including IT services activities), at RON 6,764 and the lowest in clothing manufacturing at RON 1,754,” shows INS.

Compared to August of the previous year, the net nominal average earning increased by 14.1 percent.

The statistics also indicate that, during the year, there are fluctuations in the earnings, determined by the awarding of annual prizes and holiday bonuses (December, March / April). These influence the increases or decreases depending on the period in which they are granted, leading, finally, to the diminution of the fluctuations of the monthly salary throughout the year.

In August 2019, in most activities in the economic sector, the level of net average earning was lower than in July 2019 as a result of the occasional awards (quarterly premiums, annual or special performances), rights in kind and in the previous months financial aid, amounts from net profit and other funds (including securities). Also, the decreases in net average earning were caused by production failures or lower receipts (depending on contracts / projects or as a result of rest holidays when no meal tickets and other salary rights are granted).

The most significant decreases in net average earnings were recorded in coal extraction, by 14.7 percent, and in the manufacture of products, by 10.1 percent.

Increases in net average earnings compared to the previous month were due to occasional bonuses (quarterly, annual or special performance awards), rights in kind and financial aid, amounts from net profit and other funds (including securities). Also, the average net earnings in August were higher compared to the previous month as a result of production achievements or higher receipts (depending on contracts / projects), as well as due to layoffs of staff with lower earnings compared to on average, from some economic activities.

The most significant increases in the average net earnings were registered in the manufacture of coke and products obtained from oil processing, by 7.2 percent, and in water transport, auxiliary activities for financial intermediation, insurance activities and pensions funds, publishing activities, manufacture of beverages – between 2 and 5 percent.

“In the public sector, there have been decreases in the net average earning income as a result of the issuing of securities (holiday vouchers) in the previous months, or as a result of rest holidays when certain wage rights are not granted, such as: education (-3.2 percent, including the reduction of the amounts representing the hourly payment of the teachers during the school holidays), public administration (-3.1 percent), respectively health and social assistance (-2 percent),” shows INS.

The real earning index was 109.8 percent for August 2019 compared to the same period of the previous year. The real earning index was 97.5 percent for August 2019 compared to the previous month. Compared to October 1990, the real earning index was 210.4 percent, 5.3 percentage points lower than the one recorded in July 2019.

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