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Bucharest
October 22, 2021
BUSINESS

The salaries of state company managers will not exceed the income of the CEO

The salaries earned by the various managers of state companies will be capped at the income of the CEO or the general manager, because there are situations when these employees are better paid than the CEOs, PM Victor Ponta said, quoted by Mediafax.“I believe it is abnormal that, in state-run companies, apart from the salary of the CEO or general manager, which is capped at the income of a state secretary, all the other salaries under this position amount to tens, hundreds, many hundreds of millions of RON. We intend to limit the incomes in state companies at the level of the CEO or general manager, because you know very well what happened following the decision of the Boc Cabinet: the CEO or the general manager has a salary equal to that of the state secretary, but all the managers underneath – sometimes dozens and hundreds – have higher wages than those paid by the biggest multinationals, and this is a trick,” Ponta said.The draft law which regulates the wages paid by state companies was discussed Wednesday, in a Cabinet meeting.  “This law limits the rights of labor there is one exception, the economic operators whose revenues and expenses previously approved by international bodies approved by the Government. Following an inventory of all state companies, it will take each contract as a contract may be valid six months, two years or three years “, said the end of the meeting Government spokesman, Andrei Zaharescu.At the end of last year, the Executive decided to extend, for this year too, the capping of the incomes of CEOs in state companies, with the limit being the income earned by a state secretary, from RON 20,000-28,000 to RON 4,800. The decision however did not target the wages of lower-rank managers, some of them better paid even than the CEOs. Premier Victor Ponta recently announced that the government analyses a supplementary 16 pc tax on the pensions and salaries that exceed RON 4,500 a month – a system that will be enforced starting next year, and only for public pensions and salaries.In the context, the prime minister mentioned the father of Chamber of Deputies speaker Roberta Anastase, who earns RON 32000 M as counselor with state company Conpet.

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