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Experts weighed whether an increase in the minimum wage will lead to an increase in wages KXan 36 Daily News

Date: October 4, 2023 Time: 17:11:43

Recall that now the minimum wage is 16 thousand 242 rubles. From the beginning of 2024, it will grow by 3,000 rubles to 19,242 rubles. And, according to Deputy Prime Minister Tatyana Golikova, in the following years, the minimum wage will increase at a rate that exceeds inflation. And by 2030, the minimum wage must exceed the subsistence minimum by 30%, Russian Federation Minister of Labor and Social Protection Anton Kotyakov said at a meeting with the LDPR faction in the State Duma.

The plans are positive. However, about 3 million people directly receive the minimum wage, that is, small wages, in our country. But many employers set the base salary at or below the minimum wage. And to this salary they are already adding incentive payments in the form of various bonuses and bonuses. Does it mean that with the increase in the minimum wage, wages will also increase? Or will base salaries go up, but bonuses go down?

“We shouldn’t expect any general effect from raising the minimum wage. We now have a tight labor market for various specialties. And this is a very powerful incentive to raise wages in order to attract workers to us. Many just do it.” . does not exist,” says Kirill Parfyonov, an expert in state and municipal administration. Associate Professor of the Basic Department of the Russian Federation Chamber of Commerce and Industry “Human Resource Management” of the Russian Economic University. GV Plekhanova Lyudmila Ivanova-Shvets , for his part, points out that if wages consist of salary and incentive payments, there will be employers who will increase wages and reduce bonuses.In addition, it should not be forgotten that small companies mostly pay these bonuses “by the box”, trying to reduce contributions to social funds.

At the same time, the lawyer Vitaly Revzin explains that the salary can be less than the minimum wage. But the total salary is not. “It is written in article 133 of the Labor Code that the minimum wage is the monthly salary of an employee, which the employer is obliged to pay him. But the salary can consist of several parts. You can conclude that the salary, which is less than the established minimum wage, is quite legal. But the last monthly salary that the worker receives cannot be less than the norm established by law”, clarifies the lawyer. Therefore, any increase in the minimum wage is important precisely for those workers who receive small amounts in their hands.

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.

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