Over 120,000 companies from Bucharest and Ilfov County pay monthly salaries worth over 10 billion lei. At the opposite pole is Mehedinti County, where there are about 4,100 employers who pay monthly salaries worth 130 million lei, according to data centralized by Ziarul Financiar based on data from the National House of Public Pensions (CNPP).
“Bucharest and Ilfov County account for over 20% of the country’s Gross Domestic Product, so this volume can also be found in the number of salaries. And there are counties where both the number of employees and the average salary are low and, obviously, if you multiply a low number of employees with a low average salary, only a small total salary fund can come out. ”, explained the economic analyst Aurelian Dochia.
The salary fund is one of the most important economic indicators, considering that its structure at county level is used for the calculation of the Gross Domestic Product in each area.
Together, Bucharest and Ilfov County concentrate 37% of the total national salary fund, which was 28 billion lei in June this year.
Cluj ranks second in the top counties with the highest salary funds: almost 30,000 companies based in Cluj paid salaries of over 1.5 billion lei in June. On the third place is Timiş, with over 22,000 companies that pay monthly salaries in total amount of over 1.4 billion lei. Thus, together, employers in Bucharest-Ilfov, Cluj and Timiş pay monthly salaries of over 13 billion lei, representing almost half (48%) of the salary fund from all over Romania.
At the national level, the total salary fund paid by the over 540,000 active employers, who paid “up to date” the taxes related to the social contributions of the employees, was 28.3 billion lei in June, according to CNPP data.
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