How can we check our length of service?

Length of service is different from contribution period, which is the period of time during which social security contributions have been paid to the state.

,,Life is like riding a bicycle. To keep your balance you need to keep going forward.’’ – Albert Einstein

As of July 1, 2024, a number of important legislative changes will have a significant impact on the financial situation of employees, the self-employed and employers.

Starting this year, the reporting obligations in Romania are extended to RO e-transport reporting obligations.

The 300 lei deduction applies to a monthly earnings ceiling of 4,000 lei maximum.

Pregnant, breastfeeding and nursing mothers and single parents cannot be forced to do night work.

From 1 July 2024, the minimum gross basic wage in the country increases from 3,400 lei to 3,700 lei gross monthly and the non-taxable amount of the minimum gross wage from 200 to 300 lei.

From 1 July 2024, the minimum gross basic salary guaranteed in payment increases from 3,300 lei to 3,700 lei gross per month.

“Resilience is how you regain your balance when life challenges you.”- Steve Marabol

On 13 March 2024, a draft GEO appears on the website of the Ministry of Finance, clarifying the notion of “related enterprise”..

“All human beings are born free and equal in dignity and rights. They are endowed with reason and conscience, and ought to behave towards one another in a spirit of brotherhood.” – Universal Declaration of Human Rights

Alex is our fellow active recruiter and generous disseminator of personal development resources (if you’ve followed us over the past few months, chances are you’ve come across his name as the author of Ascent articles).

Another impact change for companies with the advent of GEO 115/2023 is the obligation to report high tax risk assets within Romania.

January has come to an end, a month when most of us focused at some point on creating a Plan and setting Goals.

The year 2024 brings many unpleasant surprises for businesses and employees. The most important ones are summarised below.

We often wonder what to do to make the management of our organisation successful or what to do to get teams fully engaged in management challenges.

Employees with these benefits will receive 10% less, starting with January 2024 earnings.

In a world where change is frequent and rapid, what can we do to stay in control?

On Friday, 10 Nov 2023, the Government approved an EGO on cash receipts and payments, which changes the ceilings on the use of cash payments.

Personality tests are widely used today by individuals, schools, organisations and institutions. These tests are supposed to provide an honest, objective answer about the personality of those taking them.

From 1 October 2023, the minimum gross basic salary guaranteed in payment increases from 3,000 lei to 3,300 lei gross per month.

From 1 January 2023, the minimum gross basic salary per country guaranteed in payment shall increase.

Latest changes to the Fiscal Code to establish a balanced budget.

After years of taxpayers being forced to make the famous “ rail file ” available to public institutions, things will change for the better in the summer of 2023.

During 2022, numerous legislative changes were published with effect from January 2023. We invite you to discover them.