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Sep 6, 2021
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The impossibility of canceling the minimum wage in Russia was explained by the threat of chaos


The abolition of the minimum wage (minimum wage) in Russia, called for by some politicians, threatens chaos for the economy. Deputy Prime Minister Tatyana Golikova announced this at the plenary session of the All-Russian Labor Protection Week, RIA Novosti reports.

The minimum wage and the living wage have different economic essence. Based on the current formulations in the legislation, it is impossible to simply take and combine these two terms, she explained.

At the end of August, Nikolai Arefiev, Deputy Chairman of the State Duma Committee on Economic Policy, Industry, Innovative Development and Entrepreneurship, called on to end the minimum wage.

In his opinion, over the past 30 years, Russians have simply become accustomed to this parameter, but in reality it is redundant. The MP is sure that linking taxation and administrative fines to the minimum wage does more harm than good.

Currently, the minimum wage in Russia is 12,792 rubles, which is 42 percent of the median salary. From January 1, 2022, it should grow to 13,617 rubles per month. At present, in terms of the minimum wage, Russia loses to Ukraine.

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