Published in «Russian Journal of Labor Economics»3 / 2019
DOI: 10.18334/et.6.3.41058

Providing minimum wage guarantees at different levels of management: a corridor of opportunities or a vicious circle?

Menshikova Olga Ivanovna, All-Russian Research Institute of Labor of the Ministry of Labor and Social Protection of the Russian Federation, Russia

Обеспечение минимальных гарантий оплаты труда на разных уровнях управления: «коридор» возможностей или замкнутый круг? - View in Russian

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Highlights:
• Minimum wage guarantees provision has a systemic character
• The basic criterion for determining the minimum wage in the Russian economy needs to be modernized.
• The social partnership system plays a key role in the minimum wage guarantees increase.
• Mutual influence of opportunities and restrictions of wages regulation on the principles of social partnership gives an unfavorable synergistic effect.
• The working population should become not only a subject, but also an object of the state and corporate social policy.


Abstract:
Current trends that determine the mechanism of minimum wage guarantees provision in the Russian economy are discussed in the article. The main cause of poverty of the working population, which has a long-term character, is revealed. Various approaches to the definition of the basic criterion for determining the minimum wage differentiated by professional qualification are presented. The special role of the state in providing minimum wage guarantees, acting, on the one hand, as a legislator, on the other hand, as a social partner in the conclusion of contracts and agreements, is proved. Problem areas of the development of social partnership multilevel system influencing efficiency of collective and contractual regulation of remuneration are shown. The expert assessment of opportunities and limitations on providing minimum wage guarantees at different levels of management in modern conditions is carried out.

Keywords:

living wage, minimum consumption budget, minimum wage, social guarantees, social partnership

JEL-Classification: J38, J50, J58

Citation:
Menshikova O.I. (2019). Providing minimum wage guarantees at different levels of management: a corridor of opportunities or a vicious circle? [Obespechenie minimalnyh garantiy oplaty truda na raznyh urovnyakh upravleniya: «koridor» vozmozhnostey ili zamknutyy krug?]. Russian Journal of Labor Economics, 6(3). (in Russian). – doi: 10.18334/et.6.3.41058.


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