The minimum wage or minimum wage is the minimum allowable wage. For 2018, the value of the minimum wage at the federal level was revised.
The minimum wage or minimum wage for the current year is an important economic indicator that has a regulatory function. On its basis, not only is the threshold value of wages determined, below which the employer is not entitled to fall, but also maternity benefits or monthly child benefits are calculated, and sick leave is paid.
According to the labor legislation, the employee is not entitled to calculate the salary and the specified benefits in a smaller amount than the current value of the minimum wage. An employee's monthly earnings can fall below the minimum only when he is employed part-time or part-time.
Previously, the federal minimum wage was also used when calculating insurance premiums for entrepreneurs. But now they have been "untied" from this indicator and have established a fixed amount of pension contributions.
The minimum wage at the federal level is regularly reviewed. Its value for 2018 was introduced in accordance with Federal Law-421 of 2017. According to the adopted law, the minimum wage in the current year increased by 20% and reached 9489 rubles. In 2017, it increased twice: up to 7,500 rubles. in January and 7800 p. - in July.
In addition to the federal minimum wage, there is also a regional indicator that is used to prevent lower salary payments. For example, in Moscow the minimum wage for 2018 is 18.7 thousand rubles, in St. Petersburg - 17 thousand rubles, in the Moscow region - 13.75 thousand rubles, in the Tula region - 13 thousand rubles, in the Murmansk region - 21, 8 thousand rubles. At the same time, in the Amur, Belgorod, Astrakhan, Volgograd and some other regions, the federal value of the minimum wage is 9489 rubles to regulate labor relations.
