Russia has increased the minimum wage (SMIC) and minimum wage: from 1 January 2021 the value of the minimum wage is 12 792 rubles a month, and the amount of the subsistence minimum — 11 653 rubles. The corresponding decree of the President of Russia Vladimir Putin was previously published on a single portal of legal information.
Now the minimum wage will be calculated on the basis of the ratio of the median wage.
“in 2021, the ratio of the minimum wage and the median wage is set at 42 percent,” — stated in the text of the document.
on 30 December it was reported that Russian President Vladimir Putin signed a law under which the country will have changed the method of calculation of the minimum wage (SMIC). So, in 2021 it will be calculated on the basis of the ratio of the median wage.
In late December, the Russians recalled the increase in wages in 2021.
Earlier, Deputy Prime Minister Tatiana Golikova said that from January 1, 2021, the minimum wage will grow by 5.5 percent, up 12 792 rubles, and for the first time will exceed a living wage.
According to the calculations of the Ministry of labour, subsistence level in 2021 will be at around 10 022 ruble. However, per capita living wage will be determine depending on the median per capita income (at the end of 2019, he was 26 365 rubles). First, the subsistence minimum per capita calculated on the basis of the consumer basket.
