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The personnel file

The personnel file shall be established and maintained for each employee and that’s the obligation of the employer, according to the Government Decision no. 500/2011. When there is a control of the labor territorial inspectorate(LTI), the employer must provide to the inspectors the complete required records of the employees. Otherwise,

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Smartree Romania is certified in Information Security Management System

Smartree Romania has obtained the certificate in Information Security Management System in compliance with the standard ISO: IEC 27001:2005. The fields of activity in which Smartree is certified in information security management system are: Application development software for processing payroll calculation Rental payroll programs internally developed Data processing salary Recruitment

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Why Outsource Payroll

The average growth rate of the outsourced services market remains at at least 20% per year. There are several reasons why more and more companies are opting for outsourcing when it comes to payroll (and often it is not limited to just payroll outsourcing). Payroll Costs Lower operational and labor

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Payroll by Percentage Shares. Rules and Examples

How do you calculate salary if the contract is stipulated payroll by percentage shares? The salary for work performed is calculated based on the rates or percentages. It applies to revenue volume, so the prevalent areas where the payroll by percentage shares are found are pay services, tourism, trade, purchase

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Tax for compensatory payments in the private sector recovered to 16%

The tax for compensatory payments on individual work contract termination for management has recovered, for private sector, to 16%. After the publication, in Official Monitor no. 620/4.10.2013, of the law for approving Government Emergency Ordinance 55/2013, the provisions of Article II of the above emergency ordinance are repealed. The Article

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Average salary drops in August

The net nominal average earning drops in August 2013 by 31 lei (-1.9%) compared to the previous month, down to 1,604 RON, according to National Institute of Statistics. The highest values of net average salary were in oil and natural gas, almost 4,000 lei, while the lowest value was recorded

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Tax for compensatory payments upon CIM termination for management

The tax for compensatory payments on individual work contract termination for management is still 85%, according to article II of the Emergency Ordinance 55/2013. Until the publication, in Official Monitor, of the law for approving Government Emergency Ordinance 55/2013, law that repeals the 85% tax on compensatory payments for management

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About ADP (NASDAQ – ADP)
Designing better ways to work through
cutting-edge products, premium services
and exceptional experiences that enable
people to reach their full potential. HR,
Talent, Benefits, Payroll and Compliance
informed by data and designed for people.
Learn more at www.ADP.com.
Smartree is proud to be a local payroll
partner of ADP in Romania.

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Certificates

iso9001 2015
iso27001 2013