Expert Ivanova-Shvets: from January 1, the salary of citizens whose income depends on the minimum wage may increase
MOSCOW, November 11 – RIA Novosti. Workers whose income is tied to the minimum wage can expect a salary increase from January 1, 2023, as the lower threshold of the working wage will rise from the new year, the agency said. “hit the primer“Associate Professor in the Department of “Human Resource Management” of the Russian Chamber of Commerce and Industry of the Plekhanov Russian University of Economics Lyudmila Ivanova-Shvets.
According to the expert, wage indexation is expected for employees who are paid at the minimum wage level and public sector employees, depending on the minimum wage.
Ivanova-Shvets added that the decisions regarding indexation in the commercial sector are made by the employer itself. Therefore, salaries can increase annually (oil and gas and banking sectors, metallurgy) or according to the financial results of companies, but, as a rule, after the publication of annual reports.
Source: Ria
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