JUSTIFICATION OF MINIMAL QUANTUM OF WAGE IN THE REPUBLIC OF MOLDOVA

• Main Author: Anatolii ROJCO
• Format: Article
• Language: English
• Published: National Institute for Economic Research 2016-07-01
• Series: Economy and Sociology
• Subjects: the minimal wages; the tariff rate for the I qualifying category of the wages; the guaranteed minimal quantum of wages in real sector; an average wages; the subsistence minimum of the work-apt person; the consumer price index; the labor productivity.
• Online Access: https://ince.md/uploads/files/1487333875_8.anatolii-rojcoeconomie-si-sociologie-nr-3-2016_pag.pdf

The relevance of the article is conditioned by the fact, that in the Republic of Moldova there are several levels of the minimal wage, but only one of them – a guaranteed minimal quantum of wage in the real sector – reached the subsistence minimum of the work-apt person. The aim of the article is to justify the minimal quantum of the wage. There were used the following research methods: statistical, comparing, analogy, monographic. There were made conclusion on the need for a step-by-step approach of the quantum of the minimal wage that is used for the payment of workers in the budgetary sphere to a quantum of the subsistence minimum of the work-apt person. It is proposed to make amendments in some legislative acts.