The Minimum Wage Agreement in the Republic of Tatarstan signed

The Minimum Wage Agreement in the Republic of Tatarstan has been signed today within the walls of the Cabinet of Ministers of the Republic of Tatarstan.

The abovementioned Agreement was signed by Alexey Pesoshin, the Prime-Minister of the Republic of Tatarstan, Tatyana Vodopyanova, the Chairman of the Federation of Trade Unions and Alexander Lavrentyev, the Chairman of the Coordination board of Employers' Association.

In accordance with the Agreement the minimum wage including compensation costs and payments by way of incentive in organizations of non-budgetary economic sector will total 8 848 rubles per month. This value makes up 100% of subsistence rate for the working-age population that amounted to 8 848 rubles in the 1st quarter of year 2017.