Days per week specified: 5.0; Hours per week specified: 40; Monthly wage of an employee who has worked as per monthly norm of working time and perfomed his/her functions cannot be less than the minimum wage set up by the state. The minimum wage in Azerbaijan is the lowest level of monthly wages for unskilled labour and services, taking into account economic and social conditions. This page provides - Azerbaijan Minimum Wages- actual values, historical data, forecast, chart, statistics, economic … This is a 23.6 per cent raise. Median Salary The median salary is 3,010 AZN per month, which means that half (50%) of the population are earning less than 3,010 AZN while the other half are earning more than 3,010 AZN.
Now, instead of 55,000 ($113), workers will receive 68,000 drams ($140) as a minimum monthly salary. Advanced 2019/20 Survey. Due to that, salaries in Baku are higher that in the rest of the Caucasus region. It is updated and set by the Presidential Order. The minimum wage is determined at the national level.
Azerbaijan has a government-mandated minimum wage, and no worker in Azerbaijan can be paid less then this mandatory minimum rate of pay. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. • Azerbaijan raises minimum wage by $41, and minimum pension by $23 Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Azerbaijan is a country located in the Middle East region with a population of 7,734,000 and … Minimum Wages in Azerbaijan remained unchanged at 250 AZN/Month in 2020 from 250 AZN/Month in 2019.
Thus, the minimum wage in the country doubled in 2019, Executive Director of the Center for Analysis of Economic Reforms and Communication Vusal Gasimli said on October 2, Trend reports. Azerbaijan is one of the main exporters of oil and its salaries are heavily influenced by this industry.
Wages in Azerbaijan decreased to 728.90 AZN/Month in May from 736.20 AZN/Month in April of 2020.
Most countries have a nation-wide minimum wage that all workers must be paid. Salaries in Azerbaijan range from 750 AZN per month (minimum salary) to 13,200 AZN per month (maximum average salary, actual maximum is higher). Working hours.
Minimum wage is calculated on a monthly basis. The Azerbaijan minimum wage is 105 Azerbaijani manat per month for all workers. Azerbaijan's minimum wage was last changed in 1-Sep-2013. Employers in Azerbaijan who fail to pay the Minimum Wage may be subject to punishment by Azerbaijan's government. Azerbaijan's Minimum Wage is the lowest amount a worker can be legally paid for his work. While we take all precautions to ensure that the data on this site is correct and up-to-date, we cannot be held liable for the accuracy of the labor law data we present.This site is a free public service not affiliated with the Department of Labor or any governmental organization.
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azerbaijan minimum wage