Russian lawmakers approved Dec. 15 a bill to increase the minimum monthly salary in 2021 and change the method used to calculate the minimum wage and the subsistence minimum wage.
The measure (Bill No. 1027748-7, Russian) increases the country’s minimum monthly wage to 12,792 rubles (U.S. $175) from Jan. 1, 2021, up from 12,130 rubles (U.S. $166) in 2020.
The bill, which amended Article 1 of Federal Law No. 82-FZ on the minimum wage, also stipulates that from 2021 the minimum wage would amount to 42% of the country’s median wage. The subsistence minimum wage would amount to ...
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