Minimum labor wage increases to 192,000 MNT - News.MN

Minimum labor wage increases to 192,000 MNT

Old News! Published on: 2013.09.02

Minimum labor wage increases to 192,000 MNT

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The national minimum wage has been set to 192,000 MNT as agreed by a three-party negotiation between the labor unions, employers and the Government of Mongolia. The re-set of the minimum labor wage came into effect on September 1st.

The last time the minimum labor wage was re-set in 2010 was to 140, 400 MNT.

The minimum labor wage acts as a standard to regulate the amount per hour that blue collar workers like service staff and cleaning workers can earn without any specialized education or qualifications.

A study by the Labor Ministry revealed there are over one million employees currently active in the job market. An official study shows that 8.4 percent of active employees are paid the minimum labor wage. This is 8-10 percent of all people in employment.

The minimum wage per hour has been increased to 1142 tugrug, 85 mungu as the minimum labor wage has been re-set.

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