OREANDA-NEWS  Small and medium-sized Russian enterprises have become more likely to index employee salaries. This is reported by Izvestia with reference to the results of a study by Promsvyazbank (PSB) and Opora Russia, conducted every two years.

63 percent of the subjects of small and medium-sized businesses (SMEs) reported that they began to raise the salaries of employees once a year or more often. According to the results of the last survey, the share of such employers was 47 percent. At the same time, the number of companies that do not raise wages at all has halved in two years — from 32 to 16 percent.

The authors of the study note that when indexing salaries, only 20 percent of employers are guided by the level of official inflation. In 2021, the share of such companies was 15 percent.

According to the Labor Research Institute, the situation with salary growth is primarily due to a shortage of personnel: in some segments of the economy in Russia, a "job seeker's labor market" is being formed. In such conditions, the financial component becomes one of the main ways to attract a qualified employee, and companies are forced to ensure that the salary offer for such employees remains market-based.

Vitaly Fedin, head of the expert center on labor relations and labor protection of Delovaya Rossiya, also spoke about the decrease in supply on the labor market. In his opinion, the main reason is demographic processes, including a decrease in the proportion of young people. The shortage of workers was also affected by the departure of some Russians abroad. At the same time, the country's economy has become less attractive for foreigners in recent years.