On the directions of improvement of the minimum wage regulation mechanism in the Russian Federation

Authors

  • Anton Pavlovich Pollak Scientific-research Institute of Labour and Social Insurance of the Ministry of Labour and Social Protection of the Russian Federation

Keywords:

minimum wage, the subsistence minimum of able-bodied population, inflation, regional differentiation, the minimum hourly wage standard, the minimum wage in the subject of the Russian Federation

Abstract

In article the author examines the practice of setting the minimum wage in Russia in the period from 2009 to the present. Also the differentiation of related concepts which establishes minimum guarantees for wages is analyzed. On the basis of comparison of the subsistence minimum in the Russian Federation subjects and the minimum wage values the differences in the levels of minimum guarantees for the payment of wages established in the regions is highlighted. At the conclusion of the article the author gives the main directions of improving the system of minimum wage.

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Author Biography

  • Anton Pavlovich Pollak, Scientific-research Institute of Labour and Social Insurance of the Ministry of Labour and Social Protection of the Russian Federation

    Head of the Labor Relations Department

References

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Published

2014-12-31

Issue

No. 4 (2014): October-December

Section

S

How to Cite

Pollak, A. P. (2014). On the directions of improvement of the minimum wage regulation mechanism in the Russian Federation. Eurasian Journal of Economics and Management, 4, 17-24. https://journals.vsu.ru/econ/article/view/9993