Minthouse: Over past two months, wage fund increased by 8.4%

“The consistent increase in wages and the number of employment contracts in our country leads to an increase in the annual wage fund. In January-February 2022, the wage foundation in Azerbaijan increased by 8.4 percent.” This Haqqin.Az reported in the press service of Azerbaijan Mintruda.

In the agency noted that over the past four years, the minimum wage increased 2.3 times, the average monthly – by 35 percent, and the median is 74 percent. During this period, the annual wage fund increased twice.