Aliona Dosca is the new financial manager of Ascent Group

Starting February 1, Aliona Dosca will take over the role of Financial Manager.

The Romanian law makes it easier for people with disabilities to access jobs, and companies receive some facilities for hiring them.

Starting January 1, 2025, small taxpayers will also submit the standard tax control file by filing the D 406 Saf-T informative statement.

The Future of Jobs 2025 report emphasizes that the future of work will be dominated by skills such as creativity, adaptability, emotional intelligence, advanced technical skills and a focus on sustainability – essential to thrive in a changing professional environment.

The list of activities in the new CAEN Rev.3 corresponds to the list of activities valid at European level.

“We are living through times of rapid and profound change, especially with the rise of AI reshaping the workplace. As employees struggle to adapt, the key question is: Are we taking the right steps to support them?”

On the eve of the New Year, the Romanian private sector receives a new unpleasant surprise, a normative act that brings a series of tax changes with considerable impact on entrepreneurs and small businesses.

A new Emergency Ordinance (GEO no 127) on the protection and promotion of the rights of persons with disabilities has been adopted.

The guaranteed gross minimum basic wage in the country increases from the current 3,700 lei to 4,050 lei gross monthly.

In certain situations, employees in Romania are entitled to days off in addition to their annual vacation days. The days off that employees can take are regulated by the Labor Code and the legislation in force.

The Labor Code regulates the employer’s obligation to issue employees with attestations certifying their length of service, as well as the employees’ right to request these documents.

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.

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?