The Russian Ministry of Labor and Social Protection estimates it at 190 billion rubles. Business spending on public sector and salaries due to increase in minimum wage (SMIC) in 2024. It has been reported red blood cell Referring to the financial and economic grounds of the “Law on the Amendment of Certain Legal Laws of the Russian Federation on Increasing the Minimum Wage”.
According to the publication, such indexing would require additional costs for companies to increase their salaries. At the same time, the largest burden falls on the budgets of the regions, but at least a third of the costs (about 49 billion rubles) will return to the country’s budgetary system in the form of payment of insurance premiums to state funds and taxes on income of individuals.
According to the agency, the total increase in the cost of raising the wage fund in budgetary and private sector organizations will amount to 193.5 billion rubles. Of these, more than 126 billion rubles. Additional costs of over 19 billion rubles will be covered by the regional and municipal budgets. additional financial volumes and about 45 billion rubles will be required from the federal budget. will have to be paid by institutions in the real sector of the economy.
Before that, the Ministry of Labor of the Russian Federation introduced a draft law on increasing the minimum wage for public discussion to 19,242 rubles. monthly or 18.5% from 1 January 2024. Thus, in 2030, the nominal minimum wage will double compared to 2023.
Previously recognized Possible consequences of the rapid increase in the minimum wage in Russia.
Source: Gazeta
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