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By Sergei Blagov
Feb. 12—The Ukrainian tax service has released clarification of new minimum wage requirements applicable to employers under Law No. 928-VIII.
The minimum wage was increased to 1,378 hryvnia ($59.25) per month or 8.29 hryvnia ($0.36) per hour on Jan. 1 and will increase again on May 1 to 1,450 hryvnia ($62.35) per month or 8.69 hryvnia ($0.37) per hour. Effective Dec. 1, there will be a further increase to 1,550 hryvnia ($66.65) per month or 9.29 hryvnia ($0.40) per hour.
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Full text of the State Fiscal Service notification on the minimum wage is available at http://officevp.sfs.gov.ua/media-ark/news-ark/231339.html, of Law No. 928-VIII at http://zakon1.rada.gov.ua/laws/show/928-19, both in Ukrainian.
For more information on Ukrainian HR law and regulation, see the Ukraine primer.
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