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What’s the common salary in Romania for 2024?

In 2024, the common salary in Romania is 9,010 RON (Romanian leu, the Romanian national currency) monthly or 108,000 RON per 12 months. That’s roughly 2,002 USD monthly, based on the exchange rates in September 2024.

These are approximate figures that may change depending on several aspects like education, city, age, gender, and work experience. 

But one thing’s of course. 

The common Romanian salary is significantly lower than average salaries in the USA (7,920 USD monthly) and the UK (7,792 USD monthly). 

This makes Romania a preferred outsourcing destination. 

In this text, we’ll take an in depth have a look at the common salary in Romania, average salary increments, and minimum wage. We’ll also discuss the highest reasons to outsource to Romania and highlight the highest outsourced industries within the country. 

Table of Contents

Let’s begin.

The common salary in Romania

According to Salary Explorer, Romania’s average salary is 2,002 USD or 9,010 RON monthly, as per the exchange rates in September 2024. 

This national average wage gives you a peek into Romania’s way of life. 

Nonetheless, key indicators just like the median salary and the common salary range can provide you with more detailed insights into the salary data. 

A. Median salary

Romania’s median salary is 8,160 RON monthly (approx 1,813 USD). 

This figure implies that half the Romanian population earns lower than 8,160 RON every month, while the opposite half earns greater than 8,160 RON monthly. 

Wondering how the median salary value differs from the common salary?
The median salary is the middle value between all of the salaries considered. Meanwhile, the common salary divides the sum of all salaries by the variety of salaries considered.

For instance, worker A earns 2,000 RON, worker B earns 3,000 RON, and worker C makes 5,000 RON. On this case, the common salary is 3,333 RON, whereas the median salary is 3,000 RON. 

B. Average salary range

The common salary range in Romania extends from 2,270 RON monthly (505 USD) to 40,100 RON monthly (8,910 USD).

Note that the common salary range only considers salaries falling between the common lowest salary and the common highest salary in Romania.

In consequence, the actual maximum salary in Romania could also be higher than 40,100 RON monthly. 

C. Average gross salary and net salary

Gross salary is the monthly or yearly salary before any deductions, corresponding to income tax. 

That’s why the common salary of 9,010 RON (2,002 USD) monthly can also be the common gross salary in Romania. 

The online salary refers back to the salary one takes home in any case mandatory deductions. 

With the country’s taxes being high, the common net salary in Romania was 3,483 RON (779 USD) in 2021. 

These key salary data points can provide you with insights into Romania’s economy and population. 

Salary comparison in Romania

It’s relatively easy to find out a rustic’s average income. 

But what you truly pay an worker depends upon several variables. 

These variable aspects include occupation, education, work experience level, working hour requirements, location, and more. 

We’ll compare Romanian average salaries based on each one in all these key parameters. 

A. Salary comparison by occupation

The common salary in Romania can vary drastically across industries like software development, manufacturing, customer support, etc. 

Even inside these industries, the common salaries differ based on an worker’s job profile and the kind of job (full-time, part-time, freelance, etc.). 

Here’s a have a look at the salary comparison across different professions in Romania (full time employees): 

Occupation Average Romanian Salary (monthly)
Chief Executive Officer 10,000 RON
Program Manager 7,000 RON
Healthcare Employee/ Consultant 5,833 RON
Project Manager 6,000 RON
Research Scientist 9,000 RON
Data Scientist 6,500 RON
Human Resources Manager  8,650 RON
Accountant 3,675 RON
Software Engineer/Programmer 7,000 RON
Data Analyst 3,050 RON
Java Developer 6,000 RON
General Manager 5,000 RON
Legal Advisor 3,500 RON
Journalist 2,900 RON
Interior Designer 3,500 RON
Income Tax Officer 6,577 RON
Content Author 2,500 RON
Teacher 2,650 RON
Real Estate Agent 3,000 RON
Data Entry Operator 1,150 RON

Source: glassdoor.com

B. Salary comparison by education

In most countries, you may earn an even bigger paycheck with higher education. The scenario is just about the identical in Romania.

A salary survey by salaryexplorer.com reveals that:

  • A respondent with a certificate or a diploma earns 17% greater than their peers without highschool graduation.
  • Employees who’ve secured a Bachelor’s Degree earn a mean of 24% greater than those with only a certificate or a diploma. 
  • Similarly, employees with a Master’s Degree make a mean of 29% greater than those with a Bachelor’s Degree.
  • Ph.D. holders earn higher salaries which might be roughly 23% greater than employees with a Master’s Degree for a similar job role.

Note: Salary estimates largely depend upon the several job locations and the chosen profession field. 

C. Salary comparison by experience

Like anywhere else on this planet, Romanian employees can expect to see a salary increase with a rise of their work experience level. 

Here’s an approximate breakdown of how Romanian salaries increase with increasing worker work experience: 

Variety of Years of Experience Average Increase in Salary
2-5 years +32%
5-10 years +36%
10-15 years +21%
15-20 years +14%
20+ years +9%

Source: salaryexplorer.com

Note: Change in salary, on this case, varies drastically from one location to a different and depends upon the chosen profession field. The info provided here is the combined average of various jobs.

D. Salary comparison by location

A Romanian worker’s salary can vary based on a selected job location. 

Let’s now take a have a look at the common salaries in key locations across Romania: 

Location  Average Romanian Salary (monthly)
Bucharest 9,770 RON
Cluj Napoca 8,990 RON
Brasov 8,050 RON
Sibiu 9,460 RON
Timisoara 8,460 RON

Source: salaryexplorer.com

Should you plan on hiring a workforce in Romania, these salary comparisons can make it easier to plan an worker’s gross salary in addition to your compensation budgets. 

Now that we’ve discussed the several determining aspects of the national average salary in Romania, let’s discuss salary increments within the country. 

The common annual salary increment in Romania

Across different industries, the common annual increment rate in Romania has seen a gradual increase.  

Here’s a breakdown of the common increment Romanian employees can receive across various industries:

Industry Average Annual Salary Increment
Banking 7%
Information Technology 3%
Healthcare 1%
Travel 8%
Education 4%
Energy 5%

Source: salaryexplorer.com

The minimum wage in Romania

A rustic’s minimum wage refers back to the minimum base salary you’ll should pay an worker per day.

According to Wage Indicator, the minimum wage for a full-time Romanian worker is 3,700 RON (822 USD) monthly. 

The minimum wage is calculated based on a hard and fast working hour requirement. Foreign nationals and foreign staff are also covered under this law.

Note: Apart from the minimum wage, the Labor Law in Romania requires employers to offer mandatory worker advantages, including:

  • Sick leave of as much as 183 days annually.
  • Social security payments.
  • Minimum termination notice period of 20 days.

Wondering how this compares to the national minimum wage in other European countries?

Let’s discover.  

Minimum wage and average salary in Romania Vs. other EU countries

Here’s a breakdown of how the Romanian minimum salary and average monthly salary compare to other EU member countries:

EU Member State Minimum Wage Per Month Average Salary Per Month Average Salary Comparison to Romania (in %)
Romania  822 USD 2,002 USD
Belgium 2,090 USD 6,820 USD 109%
France 1,828 USD 4,576 USD 78%
Luxembourg 2,574 USD 4,740 USD 78%
Malta 903 USD 5,277 USD 87%
Netherlands 1,968 USD 5,575 USD 92%
Germany 2,001 USD 4,352 USD 71%
Austria No statutory minimum wage 4,333 USD 70%
Denmark No statutory minimum wage. 6,681 USD 69%
Ireland 2,024 USD 3,666 USD 55%
Portugal 938 USD 3,141 USD 41%
Estonia 745 USD 3,124 USD 40%
Spain 1,284 USD 3,095 USD 40%
Czech Republic 729 USD 2,863 USD 32%
Slovakia 736 USD 2,490 USD 18%
Croatia 716 USD 2,243 USD 8%
Slovenia 1,225 USD 2,250 USD 8%

Source: salaryexplorer.com

Romania has one in all the bottom minimum wage amongst other European countries. 

If these salary trends aren’t promising enough, there are more explanation why it’s best to consider outsourcing to Romania. 

3 key reasons to contemplate outsourcing to Romania

Here’s why Romania might be the right outsourcing destination for your online business:

1. Highly educated and expert talent pool

Romania is home to a few of the world’s best computer science and technical universities. 

The education ecosystem has resulted in students graduating with advanced IT (Information and Technology) and software developing skills. 

The Polytechnic University of Bucharest, Babes-Bolyai University in Cluj Napoca, and the Polytechnic University of Timisoara, are a few of a very powerful educational institutions. 

2. Home to premier IT hubs

Over the previous few years, Romania has gained popularity for its fast-developing IT hubs. 

Bucharest, the country’s most important IT hub, is the sixteenth largest IT hub in Europe. It houses talented software developers who concentrate on various programming languages like Python, Java, and JavaScript.

Cluj Napoca, the opposite key IT hub, is dubbed the “Silicon Valley of Eastern Europe.” The thriving IT scene supports over 15,000 IT specialists and over 1,300 businesses. 

3. Stable economic growth

Romania offers corporations a stable economic condition to grow their businesses. The country has one in all the fastest growth rates within the European Union. 

Like the remainder of the world, Romania’s economy was impacted by the COVID-19 pandemic. In 2020, the economy contracted by 3.9 percent, and the country’s GDP (Gross Domestic Product) per capita was 12,896.09 USD

Nonetheless, over the following two years, the country’s GDP growth is projected to stay strong, at about 4.5% in 2022 and 2023. 

With these reasons in mind, let’s have a look at the highest industries outsourcing to Romania.

Top 3 industries to outsource to Romania

You possibly can outsource most non-core tasks to Romania. But here’s a better have a look at a few of the hottest ones:

1. Software development

Romania is one in all the important thing players within the software outsourcing scene. 

In keeping with assessments made by HackerRank, Romania ranks 20th amongst countries which have one of the best developers. 

Moreover, Romania makes the highest three countries in Europe by way of the variety of software developers. The country holds 20% of the full IT&C employees from Central and Eastern Europe. 

The provision of expert developers and the resources provided by advanced tech hubs, make Romania a preferred destination for software development outsourcing. 

2. Business Process Outsourcing (BPO)

The BPO outsourcing sector in Romania is noted for:

  • English-language proficiency of the available workforce.
  • Similar time zones to other EU and North American countries.
  • Relatively low labor costs for an EU member state.

The Romanian BPO market now includes greater than 250 corporations, forming an estimated market of over 1.5 billion Euros (EUR).

3. Knowledge Process Outsourcing (KPO)

KPO includes outsourcing information processing in large volumes, utilized in several business activities, including: 

  • Financial and Investment research.
  • Data Analysis and Interpretation.
  • Research and Development.

Handling data in large volumes would require hiring a big specialized workforce. But because Romania has low average salaries, you may access these KPO services at nominal costs by outsourcing to the country. 

Wrapping up

Although the common salary and minimum wages in Romania are steadily increasing, it’s still lower than most developed countries worldwide. 

This allows you to access a technically expert talent pool and IT infrastructure at inexpensive costs, making Romania a preferred alternative for outsourcing.

Use the knowledge in this text to know the common salaries in Romania and determine if outsourcing to the country is the appropriate move for your online business.

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