The Ministry of Labor of the Russian Federation predicts an increase in the minimum wage above the subsistence level

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The head of the Russian Ministry of Labor Anton Kotyakov said at a meeting with the LDPR fraction that by 2030 the minimum wage (minimum wage) should exceed the subsistence level by 30%. DEA News.

“On the horizon by 2030, we plan to increase the minimum wage at a rate faster than the increase in the living wage of a healthy person … We plan to reach a ratio of 1 to 1.3 by 2030, so the Minimum wage will exceed the living wage by 30 percent,” he said.

He also stated that from January 1, 2024, the minimum wage will be increased and its amount will be 19,242 rubles.

Tatyana Golikova, Former Deputy Prime Minister of Russia statedthat the minimum wage (minimum wage) will increase more rapidly in the coming years.

Prior to that, Russian Prime Minister Mikhail Mishustin aforementionedHe stated that the 18.5 percent increase in the minimum wage since the beginning of 2024 will increase the salary of 4.8 million citizens in the Russian Federation.

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