In Russia, the minimum wage (minimum wage) and the living wage have been increased: from January 1, 2021, the minimum wage is 12,792 rubles per month, and the amount of the living wage is 11,653 rubles. The corresponding decree of the President of Russia Vladimir Putin was published earlier on a single legal information portal .
Now the minimum wage will be calculated based on the median salary.
“From 2021, the ratio of the minimum wage to the median wage is set at 42 percent,” the document says.
On December 30, it was reported that Russian President Vladimir Putin signed the law, according to which the country will change the method of calculating the minimum wage (minimum wage). So, from 2021 it will be calculated based on the median salary.
At the end of December, Russians were reminded of the increase in wages in 2021.
Previously, Deputy Prime Minister Tatiana Golikova stated that starting January 1, 2021, the minimum wage will increase by 5.5 percent, to 12 792 rubles, and for the first time will exceed the cost of living.
According to Ministry of Labor , the pensioner’s subsistence minimum in 2021 will be about 10 022 rubles. At the same time, the average per capita subsistence minimum will be determined depending on the median per capita income (at the end of 2019, it amounted to 26 365 rubles). Previously, the subsistence minimum per capita was calculated based on the consumer basket.