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World Bank recommends Romania to limit bonuses to 25% of public salaries
The World Bank (WB) advises Romania to fence bonuses at maximum 25 percent of salaries in the public system and turn this into the principle of a bill on salary policies in the public field, people from the Cabinet told NewsIn. Experts with WB met today people from the Finance Ministry to tackle the level of public wages in Romania. In a report drafted last year, the WB experts warned that the basic salary in Romania is disproportionate, standing at 68 percent for teachers and 42 percent for public safety staff of the total remunerations without social contributions.The financial institution urges Romanian authorities to eliminate the age bonus and hike wages considering the payment of similar positions in the private system.Romanian authorities were also advised to follow the example of other European countries where bonuses are 10-20 percent the most of the base salary and are granted taking into account the past year performance.The report showed that more than 90 bonuses are given in the public field and those granted to the police workers, firefighters, and intelligence staff amounted to half of the total salary spending.