Earnings evolution in Romania after nine months of crisis –financing: +34%, budgetary: - 7%

Employees earnings from the financial intermediation, energy and insurance sectors, have recorded the most significant accession since the international crisis started to show its effects on the Romanian market.

During the October 2008 – June 2009 period, the average net salary in Romania saw a 3.9 percent increase. So, if at the beginning of the fourth trimester of last year the average net salary was 1.327 Lei, at the end of the first six months of 2009 the average net salary reached 1.379 Lei.

During October 2008 the average salary in the financial intermediation sector was 2.935 Lei. At the end of the year, the average earnings of a Romanian employee, in this sector, grew by 1.000 Lei compared to last year, reaching 3.935 Lei. In this conditions, the average earning on this market recorded a 34% increase, in full economical degradation.

On the second spot in the top most significant salary increases are the employees in the utilities sector. Here, the average salary recorded a 12.2% advancement in the October 2008 – June 2009 interval. If at the end of 2008 an employee received a monthly salary of 2.175 Lei, in June the average salary reached 2.440 Lei.

According to the data provided by the National Statistics Institute, during this period, the growth rate of average net salaries was 10 times larger than the average economical advancement of Romania.