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Russia Proposes Raising Minimum Wage by Over 20%

CIS and EAEU labor market news
solidarnost.org
solidarnost.org

The Russian Ministry of Labour and Social Protection has proposed increasing the minimum wage (MW) to 27,093 rubles starting in 2026, according to a statement released by the ministrys press service.

The adopted approach to setting the minimum wage allows us to fulfill the Presidents directive to ensure its accelerated growth.Taking into account the current level of median wages, it is proposed to set the MW at 27,093 rubles in 2026. This represents a 20.7% increase, which is above the projected inflation rate,”stated Anton Kotyakov, Minister of Labour and Social Protection of the Russian Federation.

 The minimum wage is reviewed and set annually by the Government of Russia in accordance with federal legislation.

 By law, the minimum wage must not be lower than 48% of the median wage for the previous year.

 At present, the minimum wage in Russia is 22,440 rubles.

GCTU News