Employer of Record in Nigeria
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Employer of Record in Nigeria
Employer of Record in Romania
EOR ROMANIA
Employer of Record
EMPLOYER OF RECORD
Employ is a trusted provider of Employer of Record in Romania solutions for businesses looking to expand in the Asia Pacific, Africa, Europe, and America, covering end-to-end employment services for the remote workforce. We specialize in Outsourced Payroll Services, Remote Staffing, and Visa Services. In addition, we bring a centralized approach to HR management, Payroll & Benefits, and Legal Compliance wherever your staff may be.
19.1 MILLION
total population in 2021339 BILLION USD
expected GDP in 2023Romania has lots to offer for international expansion. The World Bank classified Romania as a high-income nation with GDP is projected to trend around 315.25 USD Billion in 2022. This is a significant milestone in terms of investment rating judgments. In addition, the Bucharest Stock Exchange (BVB) officially became an emerging market (GEIS). Romania has a highly educated workforce with excellent foreign language skills. There are many highly qualified experts and ambitious grads to choose from. The number of shared services, research and development centers, and highly skilled IT employees is increasing.
PUBLIC HOLIDAYS: 14
- New Year's Day - January 1
- Unification Day - January 24
- Epiphany - varies
- Labor Day - May 1
- Easter Monday - varies
- Whit Monday - varies
- International Children's Day - June 1
- Pentecost -varies
- Descent of the Holy Spirit - varies
- St. Mary's Day - August 15
- Feast of St. Andrew- November 30
- National Day - December 1
- Christmas Day - December 25
- Second Day of Christmas - December 26
SOCIAL SECURITY AND TAXATION
Employer contributions:- Social Insurance: 4% to 8%
- Labor Insurance: 2.25%
MINIMUM WAGE
471.75 Euros per monthWORK HOURS
40 hours per weekOVERTIME RATE
175% of the normal ratePROBATIONARY PERIOD
up to 90 daysANNUAL LEAVE CREDITS
20 daysMATERNITY LEAVE
126 calendar daysPATERNITY LEAVE
5 daysSICK LEAVE
5 days (paid)BONUSES
not required (upon the discretion of the employer)*Info is not binding, may vary, and is provided only as an indication.
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