Ministry of Labor confirms minimum wage increase

Published Wednesday April 17, 2013



The Minister of Labor, Ya.Sanjmyatav, confirmed at a press conference at Government House that the increase in the minimum monthly wage agreed upon by the Trilateral National Committee on Labor and Social Consensus (TNCLSC) last week will be put in place effective September 1, 2013.

The national minimum monthly wage is set to increase by 36.7 percent in accordance with Decree 7 issued by the TNCLSC on April 11, 2013.

The minimum hourly rate has increased by 307 MNT to 1,142 MNT.

The minimum wage was last increased two years ago. On April 4, 2011 the hourly wage went up to 835 MNT and the monthly wage went up to 140,400 MNT.

Clause 5.4 of the Law on Labor of Mongolia requires that the national minimum wage shall be reviewed every two years and the organizations in the TNCLSC shall submit to the Ministry of Labor proposals regarding changes to the wage rate.

Short URL: http://ubpost.mongolnews.mn/?p=3718

Posted by on Apr 24 2013. Filed under Domestic. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

1 + 6 =

Recently Commented

  • Oyun: www.theblueeconomy.org
  • Honheree: It is a sad and awful sight to see so many animals dead from dzuds. These have happened in the past and since 2004 there have...
  • Harvey Dent: Mongolia does not get 476,000 tourists a year. Its gets 476,000 arrivals, most of these are Chinese construction workers....
  • Honheree: It is good but unusual that a Mongolian is so forthright. I am D. Ganbold will be criticised by Mongolians for telling the...
  • Honheree: Be thankful Mongolia is so cheap. In USA lamb in stores costs 69,281 MNT /kg and sirloin which is cheaper cut of beef is...