
The Minister of Labor, Yadamsuren Sanjmyatav, has announced the nationwide re-set of the minimum labor wage to 190,000 MNT with an increase of 36.7 percent by September 1st 2013 during a press conference to reporters on Friday April 12th. The minimum labor wage re-set was based on a decision by a three-way negotiation between the labor unions, employers and Government to increase the previous minimum labor wage at 140400 MNT to 190,000 MNT.
The previous minimum labor wage per hour at 835.71 MNT will be increased to 1142.85 MNT.