REGULATORY FRAMEWORK AND DYNAMICS OF GROSS MINIMUM WAGE PER COUNTRY Cover Image

REGULATORY FRAMEWORK AND DYNAMICS OF GROSS MINIMUM WAGE PER COUNTRY
REGULATORY FRAMEWORK AND DYNAMICS OF GROSS MINIMUM WAGE PER COUNTRY

Author(s): Alunica Morariu
Subject(s): Essay|Book Review |Scientific Life, Governance, Public Administration, Law on Economics
Published by: Editura Lumen, Asociatia Lumen
Keywords: social protection; cost of living; wage rights; employees; employers; personal deductions; taxes; penalties.

Summary/Abstract: Through this paper, the author intends to approach the issue of minimum gross wage per country (Romania) from a regulatory perspective and the latest developments. It is taken into account that it has an extremely important role in the economy well beyond the simple assurance of the minimum food security for the worker and his family. Starting from the idea that the minimum wage covers both social progress correlation with economic progress and some negative economic effects and social justice, it shows that at this level is achieved in conjunction with a number of factors play into work. The approach includes playback parameters of statistical order and ends with indicating foreseeable consequences of last modification (2016) on the minimum gross wage per economy.

  • Issue Year: 3/2016
  • Issue No: 1
  • Page Range: 95-104
  • Page Count: 10
  • Language: English