In January 2017, the Cabinet of Ministers twice increased the minimum wage – from 1600 to 3200 hryvnia. This year, the minimum wage is to raise the Ukrainians will no longer, however, as stated by the Prime Minister Vladimir Groysman, the next year the minimum wage can index. The website “Today” figured out how and when to review and revise the minimum wage in Ukraine.
“The average wage in the country by the end of the year will exceed 7000, the minimum wage is 3200. But next year the minimum wage will rise. We will do everything to ensure that economic growth led to increase in incomes”, – said the Prime Minister.
By the end of the year the minimum wage will be only 45% of the average. Next year it should be rising, I’m sure the senior researcher of the Institute of demography and social studies under national Academy of Sciences Lydia Tkachenko. The expert notes: how to grow the minimum wage after her “untied” from the subsistence level, hard to say.
“When we have the government last year decided to detach the minimum wage from a living wage, it is not invented, than it is to replace. Need a new solution, what are the challenges, as now set a minimum salary. Objectively speaking, it is good when the minimum wage – 60% of the average. Then it would be more incentive to work at any job. But we need to see how different working conditions, what is the nature of the work. It would be correct, if not the government itself will solve, and that before that, had held consultations with the social partners”, says Lydia Tkachenko.
“Objectively speaking, well, when the minimum wage is 60% of the average. Then it would be more incentive to work at any job. But we need to see how different working conditions, what is the nature of the work. It would be correct, if not the government itself will solve, and that before that, had held consultations with the social partners”, says Lydia Tkachenko.
By the way, in the law “On state social standards” States: the minimum incomes of Ukrainians must rise at least the rate of inflation. The national Bank predicts that next year prices will rise by 8%. To compensate for inflation, the minimum salary in 2018 is expected to grow at least up to 3456 UAH.
Note, the indexing of social standards, the government has frozen in 2014 and 2015. As a result, the prices rise considerably “ahead” of the growth of minimum wages and pensions. “Cumulative inflation was high enough. It made for a few years 70%. In order for real incomes increased social standards had increased by 70%. As for the more averaged is the level of inflation as of three years: 2014, 2015 and 2016. The cumulative inflation rate will exceed 90%. In order for the Ukrainians at least have not lost their income needs to income is 1.9 times more”, – says Executive Director of the Fund of the Blazer Oleg Ustenko.