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Minimum Wage In Armenia Will Be 50 000 AMD Since 2014

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  • Minimum Wage In Armenia Will Be 50 000 AMD Since 2014

    MINIMUM WAGE IN ARMENIA WILL BE 50 000 AMD SINCE 2014

    18:59, 11 September, 2013

    YEREVAN, SEPTEMBER 11, ARMENPRESS: Since January 2014 in Armenia
    minimum wage will become 50 000 AMD instead of current 45 000 AMD.

    About this informed hair of Standing Committee on Social issues of
    Armenian National Assembly Hakob Hakobyan during press conference on
    September 11. "Maximum wage will be higher around 20 times than the
    minimum. If we increase minimum wage than we should also increase
    the other wages," he said, reports "Armenpress".

    Reverberating to wages of private sector Hakob Hakobyan mentioned that
    it is a non-managing field except the minimum wage. "We regulate the
    minimal border and the rest leave on employer-employee relations,"
    he clarified.

    Salaries in private sector are higher than in state system. In Hakob
    Hakobyan's words if state salaries are raised than private sector
    immediately will react by doing the same in the companies. "It is the
    nature of private. Nobody wants to lose employees int hat sector. The
    state can afford itself to lose employees but in case of private
    sector the same cannot be done," he mentioned.

    Since July 1, 2013 minimum wage in Armenia became 45 000 AMD instead
    of previous 35 000 AMD.

    http://armenpress.am/eng/news/732592/minimum-wage-in-armenia-will-be-50-000-amd-since-2014.html

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