Business · Economy · 13 hrs ago

Russia’s average salary reached 103,014 rubles in August

Russia’s average salary reached 103,014 rubles in August

Russia’s average accrued salary was 103,014 rubles in August, according to data attributed to Rosstat.

The figure covers employees at large, medium and smaller organizations across the country.

It is calculated by dividing the total accrued pay by the number of employees, including staff, part-time workers and people hired under civil contracts.

The amount is before personal income tax and includes items such as bonuses, holiday pay and some work-related benefits, but not sick pay or certain family benefits.

The figure offers a broad measure of pay, but it is an average rather than a typical worker’s salary; across the past 12 months, the full-organization average was 10.2% below the average at medium and large enterprises.

The sources give no next step or further outlook.

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