"Vladimir Putin: I would like to say that over the years of work, we can say that we have been working together. After all, you are often an inconvenient partner for the Government."
WRT to the final sentence and; "... a minimum wage on the entire territory of the Russian Federation at the level of the subsistence minimum of the working age population." The somewhat stark use of 'at the level of the substistence minimum' hopefully means a low level of wages paid at the minimum wage level throughout the entire Russian workforce. Unlike here in the UK where I would suggest that the majority of wage earners receive the minimum wage despite the 'added value' their labour contributes toward profits.
I think we both agree that wage growth as a government policy is good and setting a low wage minimum is therefore essential. However, using the UK's apparent policy, as an example, which seems to use the minimum wage as a default. That's why I was interested in percentages of total workforce on minimum wage. It would be nice to have a comparison despite only having a suspicion that the majority of UK workers earn minimum wage. Just a bit of conversational ammo in case I get a chance to use it ;o)
I recall reading that stat not too long ago, perhaps in Putin's marathon presser. I also recall many migrant workers get that pay. Ministry of Labor or Rosstats would have that figure. IMO, the better argument is what I highlighted at the end of the just posted family contests article--the purpose of Russia's economy.
It occurred to me later that a 10% increase in view of 7% inflation is pretty cool. Will look at the family article at some point this morning. Cheers.
The good natured relationship was illustrated by;
"Vladimir Putin: I would like to say that over the years of work, we can say that we have been working together. After all, you are often an inconvenient partner for the Government."
WRT to the final sentence and; "... a minimum wage on the entire territory of the Russian Federation at the level of the subsistence minimum of the working age population." The somewhat stark use of 'at the level of the substistence minimum' hopefully means a low level of wages paid at the minimum wage level throughout the entire Russian workforce. Unlike here in the UK where I would suggest that the majority of wage earners receive the minimum wage despite the 'added value' their labour contributes toward profits.
Russia raised its minimum wage 10% on January 1 if I recall correctly. Wage growth is a government priority.
I think we both agree that wage growth as a government policy is good and setting a low wage minimum is therefore essential. However, using the UK's apparent policy, as an example, which seems to use the minimum wage as a default. That's why I was interested in percentages of total workforce on minimum wage. It would be nice to have a comparison despite only having a suspicion that the majority of UK workers earn minimum wage. Just a bit of conversational ammo in case I get a chance to use it ;o)
I recall reading that stat not too long ago, perhaps in Putin's marathon presser. I also recall many migrant workers get that pay. Ministry of Labor or Rosstats would have that figure. IMO, the better argument is what I highlighted at the end of the just posted family contests article--the purpose of Russia's economy.
It occurred to me later that a 10% increase in view of 7% inflation is pretty cool. Will look at the family article at some point this morning. Cheers.