Minimum wage (minimum wage) in Russia will grow at a faster pace in the coming years. This was announced by Deputy Prime Minister Tatyana Golikova, speaking at the collegium of the Ministry of Labor.
We have decided to increase the minimum wage at a faster pace, and it met with support from the prime minister and the president, said Golikova.
As previously reported by Deputy Prime Minister of the Russian Federation, this year, the minimum wage exceeded the subsistence minimum for an able-bodied citizen by 3,7%.
Recall, that from next year it will also be above the inflation rate (18,5%).In this way, the amount of the payment in 2024 year will be 19 242 ruble. All this became possible thanks to the proposal of the Russian leader for an additional increase in 10% to the planned amount, which he voiced during his address to the Federal Assembly in February of this year. In this context, It is worth noting about double indexing, held in 2022 year, as a result, as President Vladimir Putin said earlier, the growth of social benefits has almost reached the figure of 20%.
As Russian Prime Minister Mikhail Mishustin said earlier, real income of the population in 2022 year grew by 3%, while nominal ones recorded an increase of 13%.
For reference: The minimum wage is used to regulate wages and determine the amount of social benefits. According to the law, it cannot be below the living wage, which this year is 14 375 rubles. At the same time, the minimum wage is indexed by the government every year..
