Quarterly Salary Indexing Mandate Proposed by Deputy Mironov for Employers

In a bid to address the increasing cost of living, Sergei Mironov, leader of the "Fair Russia - For Truth" party and a State Duma deputy, has requested Prime Minister Mikhail Mishustin to implement mandatory quarterly wage indexing for all employers in Russia.

Mironov's proposal, if approved, would apply to state bodies, local self-government bodies, state and municipal institutions, and private sector organizations. The aim is to balance wage dynamics with inflation, and the proposal involves amending the Labor Code of the Russian Federation.

Currently, wage indexation is usually conducted annually in the budget sphere. However, as noted by Mironov, the size of the indexation does not always keep up with the rise in prices.

In July 2025, the debt of employers to employees in Russia was fixed at 1.043 billion rubles. The construction industry in Russia has the largest number of companies that owe workers, followed by processing industries and the extraction of minerals.

The average wage in Russia increased by 15.5% to 91,000 rubles for the first quarter of 2025. Experts forecast that 50% of Russians will receive a wage of 100,000 rubles a month in five years. However, Mironov clarified that Russians should receive "no less than 60,000 rubles" due to current prices for essential products, medicines, and transport.

The current distribution of workers' salaries in Russia shows that 15.2% earn between 22,400 and 40,000 rubles a month, and 20% earn between 40,000 and 60,000 rubles. No new information about the proposed amendments to the Labor Code of the Russian Federation was provided regarding the specific size of the indexation corresponding to the official inflation level for the previous quarter.

It's worth noting that election campaigns for governors, heads of municipalities, and regional deputies will take place in Russia on September 14. No new information about Sergei Mironov's proposal regarding mandatory quarterly wage indexing was provided in this context.

As of 2024, the average monthly nominal accrued wage in Russia was 87,952 rubles. The construction industry, which has the largest number of companies that owe workers, may benefit significantly from this proposal, given the higher wages it could potentially offer.

The implementation of mandatory quarterly wage indexing, if approved, could help address the issue of delayed wages and provide a more stable financial situation for workers in Russia. However, more details about the proposed amendments to the Labor Code of the Russian Federation are yet to be disclosed.

Quarterly Salary Indexing Mandate Proposed by Deputy Mironov for Employers