Net or Gross Salary Calculator 2024
Gross Salary
Net Salary
Total Company Cost
Type of reference |
RON Lei |
EURO 1€ |
---|---|---|
Gross Salary | ||
Pension contribution | ||
Health contribution | ||
Income tax | ||
Total employee contributions | ||
Net Salary | ||
Total company contributions | ||
Total Company Cost |
How to calculate - Net Salary Calculator or Gross Salary Calculator
Net or Gross Salary Calculator 2024 Romania is the tool to assist employees and employers in seeking information or clarification on how to calculate from gross to net salary.
As a future or experienced employee, the net salary or gross salary formula is vital information to understand your employer's expenses and the final amount that will represent your compensation, your net salary. Also, with these details, you can analyse and compare salaries with other employees in the same positions or industries.
An online salary calculator will help you from both the employee and employer's perspective to check the exact calculation for each monthly contribution paid to the state under current legislation, i.e. the share of net salary in gross salary. The Undelucram.ro salary calculator also offers the possibility to convert the gross or net salary from RON to EUR at the same time, displaying also the reference value of the bank rate.
Gross Pay Calculator - Gross Pay is the sum of all expenses paid by the employer for an employee, in the amount of contributions such as social security (CAS), health insurance (CASS) and income tax, including the corresponding amount of net pay.
Find out how your net or gross salary is calculated in Romania!
Enter the amount of your gross salary or net salary and you will know the components of the salary slip and the employer's investment so that you will receive the monthly amount corresponding to your net salary, also known as "salary in hand".
Want to find out how you relate in terms of salary in the labor market?
Why is it important to be informed about payroll?
In addition to the basic salary, the law also allows for other benefits and facilities proposed by the employer based on a performance scheme aligned with the company's objectives. The employment contract provides for a basic salary, to which may be added a number of extra-salary benefits.
A candidate or employee who is better informed about the salary will also be able to discuss and negotiate with his or her employer so that both parties involved are satisfied and the employee is more motivated.
Salaries by position
Evolution of the minimum wage
Wage increases in each fiscal year are based on changes in the minimum wage.
In the year of 2022, for the minimum wage in Romania (2,550 RON) the employer spent 2,607 RON of which 2,550 RON was the gross wage and the employee received as net wage 1,524 RON.
In the year of 2023, for the minimum wage in Romanian (3,000 RON) the employer spent 3,063 RON of which 3,000 RON was the gross salary and the employee received as net salary 1,898 RON.
On January 1st 2024, Romania's minimum wage will remain at 3,300 RON gross. It has been increased from October 1st by 300 RON gross. The employer spends 3,370 RON, of which 3,300 RON is the gross salary, and the employee receives 2,079 RON as net salary.
Starting from July 1, 2024, the minimum wage in Romania was increased by 400 RON, reaching 3,700 RON gross. As a result, employees receive a net salary of 2,363 RON.
The increase in the minimum base salary to 3,700 RON benefits 1,871,266 employees.