EghtesadOnline: With only a day left for the Supreme Labor Council to set the minimum wage for the upcoming Iranian year, negotiations are still ongoing among representatives of workers, employers and government officials after they failed to reach an agreement in a dozen sessions.
EghtesadOnline: Salaries of government employees will increase by 10% with an average inflation rate of below, but close to, 9% forecast for the next fiscal year (March 2018-19), the government spokesman said on Tuesday.
EghtesadOnline: After a 12-hour session, the Supreme Labor Council agreed to raise workers’ minimum wage for the next fiscal year (March 2017-18) by 14.5% to 9.3 million rials ($244.7) per month.
EghtesadOnline: The second meeting of the Supreme Labor Council on setting the next Iranian year’s (March 2017-18) minimum wage for nearly 13 million Iranian workers will be held today at the Ministry of Cooperatives, Labor and Social Welfare.
EghtesadOnline: The Supreme Labor Council agreed last week to determine the living wage and consider it as a base for setting the minimum wage next year.