The minimum wage in Moscow will be one and a half times the federal wage in 2024

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The minimum wage in Moscow will be 29,389 rubles in 2024, which is one and a half times the federal figure. It is reported that this decision was taken by the capital authorities. Web site Moscow mayor and government.

Deputy Mayor Vladimir Efimov, responsible for the capital’s economic policy and property-land relations, announced that the minimum wage is determined at the regional level. Employers will not be able to pay a salary below this amount to an employee who works full time for a month.

Now the minimum wage in Moscow is 24,801 rubles. In other words, the minimum wage will increase by 18.5 percent next year. Minimum wages in the regions are determined according to socio-economic status.

On December 27, Russian President Vladimir Putin signed a law establishing the minimum wage in Russia in 2024 at 19,242 rubles per month. The monthly minimum wage in 2023 is 16,242 rubles. Next year it will increase by three thousand rubles, or 18.5%. In addition, it is planned to increase the ratio of minimum wage to average wage from 42 percent to 48 percent as of 2025.

Russians need to earn at least 100 thousand rubles a month for a normal life. appreciated December 7, Deputy Chairman of the State Duma Committee on Economic Policy Nikolai Arefiev. According to him, family income should be 200 thousand rubles.

Previously expert said About imposing fines on employers for low wages from January 1.

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