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Justification Of Minimal Quantum Of Wage In The Republic Of Moldova

Author

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  • Anatolii ROJCO

    (INCE)

Abstract

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.

Suggested Citation

  • Anatolii ROJCO, 2016. "Justification Of Minimal Quantum Of Wage In The Republic Of Moldova," ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal, Socionet;Complexul Editorial "INCE", issue 3, pages 63-68.
    • Handle: RePEc:nos:ycriat:309
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    More about this item

    Keywords

    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;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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