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Minimum wage to rise 109% in Russia Sep.1

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MOSCOW, August 30 (RIA Novosti) - The minimum monthly wage is set to rise 109% to 2,300 rubles ($89) in Russia September 1, but will remain well under the subsistence level.

The government plans to gradually bring minimum monthly pay into line with the subsistence level by 2011. According to estimates for 2007, an average Russian needs around 4,000 rubles ($155) a month to survive.

The minimum wage rises have been more modest over the past years. Last time the monthly pay increased 37.5% to 1,100 rubles ($43) in May 2006. In 2005, the rate was 720 rubles ($28 at the current exchange rate).

Health Minister Mikhail Zurabov said a further rise in the minimum wage could put a strain on pay scales and trigger redundancies in public sector organizations, as employers will find it unprofitable to pay low-skilled workers higher wages. A sharp wage rise could also deal a heavy blow to regional budgets.

According to statistics, over 15% of Russians live below the subsistence level.

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