First-class pay rate at Br292,000 in Belarus as of 1 March

MINSK (BelTA) – The first-class pay rate was raised up to Br292,000 in Belarus as of 1 March 2015. The decision is laid down by the Council of Ministers' executive order No. 109 of 18 February 2015, the press service of the Belarus government told BelTA.

The same executive order set the first-class pay rate for workers of public sector organizations and other subsidized organizations, which employees are entitled to the same salary terms that workers of public sector organizations get, at Br277,000 as of 1 February 2015.

Central government agencies, municipal government agencies, public sector organizations and other subsidized organizations, which employees are entitled to the same salary terms that workers of public sector organizations get, will have to recalculate salaries of their employees in accordance with the first-class pay rate set by executive order No. 109 and the multipliers set by the unified pay rate system of the Republic of Belarus.

The increase in the pay rate will allow paying higher salaries to public sector employees — about 850,000 people. The increase will also raise state student allowances, bonuses paid to young professionals, bonuses paid for scientific degrees, and other bonuses, which size depends on the first-class pay rate.

According to the National Statistics Committee of Belarus, in January 2015 the nominal accrued salaries averaged Br4,825,800 in Belarusian public sector organizations, 11.6% down from December 2014 or Br631,200 down. In January 2015 the real salaries rose by 4.4% from January 2014 and went down by 13.7% from December 2014.