Federal Law No. 406-FZ entered into force in Russia “On Amendments to Article 1 of the Federal Law” On the Minimum Wage “”. Now the size of the minimum wage is 13,890 rubles, it is raised by 1098 rubles (8.6 percent).
In November 2021, Russian President Vladimir Putin proposed in 2022 to index the cost of living and the minimum wagon “by an advanced pace compared to inflation” – by 8.6 percent.
“The minimum wage level is quite Nishchensky, so any of its increase, of course, is good, but it would be necessary to increase it more substantially, and the reserves from the state there are,” said the financial analyst and the Associate Professor of Economic Sciences Ravgigs Nikolay Kulbak.
initially planned to increase the minimum wage by 6.4 percent to 13,617 rubles, but by the second reading, the president introduced amendment, an estimated increase in the minimum wage by 8.6 percent. The law was signed in early December.
The state will allocate 30 billion rubles for these purposes, reported “Interfax” with reference to the Minister of Labor and the social skins of Anton Kotyakov.