Benchmarking Employee Benefits in Romania 2021

benchmarking employee benefits Romania 2021This 2021 market and benchmark insight report for Romania is an easy way to get the fundamental information you need to know about offering employee benefits in the country. The report is prepared by Asinta’s employee benefits consulting Partner in Romania, MAI CEE. The material is easy to understand and gives you a solid footing to help you move forward confidently with your decisions about the benefits you want to offer employees in Romania.

Inside the report, you’ll find details about benchmarking employee benefits in Romania for 2021 including:

  • Statutory Benefits
  • Insured Benefits
  • Fringe Benefits and Perks
  • Plan Setup
  • Onboarding

The following is an excerpt.

Annual Leave

Twenty days is the minimum holiday guaranteed by law per year, pro-rated with the worked period. The standard market practice is 21 days.

Public Holidays

There are 18 public holidays.

Sick Days/ Short-Term Disability Benefit

Sick leave is paid only if the employee has a minimum contributory period to the Health House for the prior six months, based on a medical certificate issued by a physician.

The employer pays the first five calendar days. From the 6th day, the medical allowance is supported by the National Health Fund. In practice, the employer is also paying the amount supported by the National Health Fund and then requests the reimbursement of the amount from the Health House.

In the case of sick leave allowance, the payment percentage ranges between 75% and 100% of the calculation base (average of the employees’ monthly gross wages during their last six months prior to the month the medical leave is granted).

The benefit is payable up to 180 days; if the disability is prolonged, a long-term disability pension is proposed.

Contribution to social security is 2.25% of gross salary with no ceiling.

 

Other helpful information

 

This information about benchmarking employee benefits in Romania is provided by MAI CEE, Asinta’s employee benefits consulting Partner in Romania.