icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
30 Aug, 2007 09:37

Will the new minimum wage be enough?

The minimum monthly wage in Russia is set to increase by 109% this September. Despite the rise to 2,300 roubles – the equivalent of 89 dollars – the amount still remains below the subsistence level.

The government says it plans to gradually bring the minimum wage into line by 2011.

Russia's health minister says a sharp wage rise could put too much pressure on pay scales, with employers finding it unprofitable to pay low-skilled workers a higher salary.  Regional budgets could also be affected.

According to statistics more than 15% of Russians live below the poverty line.

Podcasts
0:00
23:13
0:00
25:0