Average Salary in Russia 2022

What is the average salary for a Russian worker?

The average monthly salary in Russia is roughly 104,000 RUB. It is possible to earn up to 463,000 RUB a month in salary.

With housing, transportation, and other perks all taken into account, this is the typical monthly wage. Depending on the profession, one may expect a wide range of salaries. Salary information for individual job titles may be found below if you’re curious about what it’s like to work in each one.

Keep in mind that these are gross salaries. After taxes and other deductions, the average Russian worker takes home about 66% of their gross salary. This is still a relatively good wage when compared to other countries.

Russia’s Salary Structure

Range of Pay

Russia’s monthly wage ranges from 26,200 RUB to 463,000 RUB. The median wage is 81,200 RUB.

The median wage is calculated by taking the wages of all employees and finding the middle value. This is different from the average wage, which is calculated by adding up all wages and dividing by the number of workers. The median is a better measure of typical pay because it is less affected by outliers (very high or very low wages).

A Median Paycheck

The median monthly wage in Russia is 110,000 RUB, indicating that 50% of the population earns less than this amount, while the other 50% earn more. The median wage is lower than the average wage because a small number of very high-paid workers pull up the average.

For example, the CEO of a large company may earn millions of rubles per year, while the average worker earns only a few hundred thousand.

Percentiles

Only 5% of the population earns less than 61,300 RUB, while 75% earn more than 61,300 RUB. The lowest-paid 5% of workers earn less than 61,300 RUB per month, while the highest-paid 25% earn more than 153,000 RUB.

This indicates that pay is fairly evenly distributed across the workforce, with only a small number of very high- or very low-paid workers.

How do median and average salaries differ?

Both median salary and average income are indicators. They are often confused, but there is a significant difference between them.

The median salary is the one that divides the entire salary range into two equal parts: half of the employees earn less than the median, and half earn more.

The average salary, on the other hand, is calculated by adding up all salaries and dividing them by the number of employees. As a result, it can be significantly influenced by extremely high or low salaries.

In Russia, the average salary in 2020 was RUB 44,122 (US$ 590), while the median salary was RUB 35,700 (US$ 480).

Average salary in Europe

As of 2022, the average salary in Russia is expected to be RUB 46,725 (US$ 623). The median salary is expected to be RUB 38,100 (US$ 508).

Comparing Russia’s Salary Scale by Years of Work Experience

What happens to a person’s wage over time?

Salaries in Russia grow with experience. The average salary in Russia for people with 1-4 years of experience is RUB 29,183 per month.

Those with 5-9 years of experience earn RUB 38,960 per month on average. And those with 10-19 years of experience earn RUB 49,980 per month on average.

Of course, other factors affect a person’s salary, such as education and skillset. But in general, salaries in Russia do tend to increase with experience.

Russia’s Salary Structure by Education Level

Does education help your salary?

In Russia, the average person with a secondary education earns 30% more than someone who only completed primary school.

However, those with higher levels of education earn even more. The average salary for someone with vocational education is 40% higher than for someone with only secondary education. And the average salary for someone with higher education is nearly double that of someone with only secondary education.

So, if you’re looking to earn more money in Russia, getting a higher level of education can help.

Are Master’s and MBA degrees worth the time and money to earn a bigger salary in the future?

In Russia, the average salary for someone with a Master’s degree is about 30% higher than for someone with only a Bachelor’s degree. And the average salary for someone with an MBA is about 50% higher than for someone with only a Bachelor’s degree.

So, if you’re looking to earn more money in Russia, getting a higher level of education can help. Earning a Master’s or MBA degree may be worth the time and money if you’re looking to earn a bigger salary in the future.

Russia’s Gender-Based Compensation

On average, men in Russia earn 8% more than women in all industries combined. The average salary of women was lower than that of men in every region of Russia except for Chuvashia, where salaries were equal.

The largest gender-based salary gap was found in the financial sector, where men earn 29% more than women. The healthcare and education sectors also had significant disparities, with men earning 23% and 18% more than women, respectively.

In contrast, the smallest gender pay gap was found in the retail sector, where men earn only 2% more than women. Other industries with relatively small gaps include information technology (4%), agriculture (5%), and manufacturing (7%).

Although the gender pay gap exists in all industries, it is particularly pronounced in certain sectors. This suggests that women in Russia face greater obstacles to achieving parity with men in terms of earnings.

Salary Increase Percentage in Russia

What are the average yearly pay increases in Russia? Are increases given to staff on a more regular basis?

Workers in Russia may expect to get an 8% rise in their wage every 17 months on average. This report is based on a survey of 1,000 workers across Russia.

While this number may vary depending on the company, position and other factors, it gives a general idea of how often workers can expect to see their salary increase in Russia. This number is also in line with the global average pay raise frequency, which is every 16 months.

However, it is worth noting that many companies in Russia have been freezing salaries or even cutting wages due to the current economic situation. So while the average worker may expect an 8% raise every 17 months, it is by no means guaranteed.

Russia’s Industry Growth Rate in 2022

  • Information Technology – 6%
  • Banking – 8%
  • Tourism – 4%
  • Retail – 3%
  • Business Management – 7%
  • Healthcare – 5%
  • Agriculture – 2%

The average salary in Russia is expected to grow in 2022 compared to 2021. The biggest growth is expected in the Information Technology sector, with salaries increasing by 6%.

Banking and Business Management are also expected to see significant growth, with salaries increasing by 8% and 7% respectively.

Tourism, Retail, and Healthcare are expected to see more modest growth, with salaries increasing by 4%, 3%, and 5% respectively.

Agriculture is expected to see the least amount of growth, with salaries only increasing by 2%.

Average Rate of Salary Improvement by Level of Experience in Russia

Junior level workers in Russia may expect a salary increase of around 10-15% in 2022. This is based on the current economic climate and recent market trends. Middle-level workers can expect a slightly higher salary increase of around 15-20%.

Senior-level workers and executives can expect the highest salary increases of 20% or more. These figures are based on the current economic conditions and recent market trends.

As you can see, average salaries in Russia are expected to rise across the board in 2022. This is based on the current economic conditions and recent market trends.

Take note, however, that salary increase also depends on the company you work for, your level of experience, and other factors.

Russian Bonus and Incentive Payouts

How much money is given out in bonuses, and how frequently are they paid out?

When asked if they had gotten any bonuses or incentives in the preceding year, 44% of Russian employees claimed they had not received any, while 56% said they had.

According to those who received bonuses, their yearly pay ranged from 2-7%. However, the median bonus was 3%.

The most common bonus frequency was monthly (63%), followed by yearly (39%). Incentives are more commonly given out in Russia than bonuses; the most common type of incentive was a one-time payment (68%), followed by monthly payments (17%).

While the average salary in Russia is lower than in some other countries, bonuses and incentives can help to make up for this difference.

For instance, an employee who makes RUB 3 million per year could receive a RUB 300,000 bonus, which would be the equivalent of a 10% salary increase.

Types of Rewards

Employee-Specific Performance-Based Bonuses

To maintain a high level of productivity, many companies offer their employees bonuses and other rewards based on their performance. This type of system is often referred to as an “employee-specific performance-based bonus.”

There are several advantages to this type of system. First, it provides employees with a strong incentive to do their best work. Second, it allows companies to differentiate between the performances of different employees. And third, it helps ensure that everyone in the company is pulling their weight.

Despite these benefits, there are also some potential drawbacks to using an employee-specific performance-based bonus system. For example, it can be difficult for companies to accurately measure the performance of their employees. It can also be difficult for employees to know exactly what they need to do to receive a bonus.

Bonuses for Company Performance

In addition to employee-specific bonuses, many companies also offer their employees bonuses that are based on the overall performance of the company. This type of system is often referred to as a “company performance-based bonus.”

There are several advantages to using a company performance-based bonus system. It provides employees with an incentive to work hard to help the company succeed. Also, it helps ensure that everyone in the company is working towards the same goal.

It can be easier for companies to measure and track the overall performance of the company. However, there are also some potential drawbacks to using a company performance-based bonus system.

For example, if the company does not perform well, then employees may not receive a bonus. Additionally, this type of system can often create a sense of competition among employees, which can lead to tension and conflict.

Achievement-Based Bonuses

Another type of bonus that some companies offer their employees is an achievement-based bonus. This type of system rewards employees for achieving specific goals or milestones.

There are several advantages to using an achievement-based bonus system. It provides employees with a specific and tangible goal to strive for. Additionally, it allows companies to measure the progress of their employees towards those goals.

However, there are also some potential drawbacks to using an achievement-based bonus system. For example, if the goals are too difficult, then employees may become discouraged.

Also, if the goals are not well-defined, then it can be difficult for employees to know exactly what they need to do to receive a bonus.

Bonuses for the Holidays / Year’s End

In addition to the above-mentioned bonus systems, many companies also offer their employees bonuses during the holidays or at the end of the year. This type of system is often referred to as a “holiday bonus.”

There are several advantages to using a holiday bonus system. For example, it helps show employees that they are appreciated and valued. Additionally, it can help boost morale and motivation levels.

However, there are also some potential drawbacks to using a holiday bonus system. For example, if the bonus is not large enough, then it may not have much impact on employees’ motivation levels. Additionally, this type of system can often create a sense of entitlement among employees.

Comparing Russian Bonuses by Career

What are the standards by which a job is regarded worthy of decent benefits and respectable pay?

Many jobs are essential to keeping a country or business running, but not all of them come with high salaries. For example, a janitor in Russia might earn an average salary of just RUB 24,000, while a manager could make RUB 500,000 or more.

Take note, that the average salary in Russia varies by city. For example, the average salary in Moscow is RUB 60,000, while in Saint Petersburg it is RUB 50,000.

The following is a list of some common careers in Russia and their respective average salaries:

  • Janitor: RUB 24,000
  • Teacher: RUB 40,000
  • Engineer: RUB 70,000
  • Manager: RUB 500,000+
  • Salesperson: RUB 30,000
  • Business owner: RUB 100,000+

Russian Bonuses Based on Years of Service

Senior-level workers in Russia are typically rewarded with bonuses that are based on their years of service. For example, a worker who has been with a company for five years or more may be eligible for an annual bonus that is equal to 10-15% of their salary.

In addition, workers who have been with a company for 10 years or more may be eligible for a one-time bonus that is equal to 20-25% of their salary. Finally, workers who have been with a company for 15 years or more may be eligible for a one-time bonus that is equal to 30-35% of their salary.

Russia’s Salary Structure for Popular Careers

Engineering / Construction

  • Civil Engineer – 97,000 RUB
  • Construction Project Manager – 162,000 RUB
  • Health and Safety Officer – 45,500 RUB
  • Electrical Engineering – 77,600 RUB
  • Industrial Engineering – 80,700 RUB

Information Technology

  • IT Project Manager – 145,000 RUB
  • Software Developer – 104,000 RUB
  • Systems Administrator – 70,400 RUB

Finance / Banking / Insurance

  • Financial Analyst – 120,000 RUB
  • Investment Banker – 180,000 RUB
  • Insurance Sales Agent – 40,900 RUB

Human Resources

  • HR Manager – 140,500 RUB
  • Recruiter – 81,200 RUB

Marketing / Advertising / PR

  • Marketing Manager – 142,000 RUD
  • Advertising Account Executive – 123,000 RUD
  • Executive Officer – 75,000 RUD
  • Media Planner – 87,100 RUD
  • Public Relations Specialist – 98,400 RUD

Sales

  • Regional Sales Manager – 168,000 RUB
  • Account Executive – 90,800 RUB
  • Sales Engineer – 101,000 RUB
  • Telemarketer – 32,700 RUB

Healthcare

  • Physician – 154,000 RUB
  • Dentist – 130,000 RUB
  • Pharmacist – 67,400 RUB
  • Nurse – 54,700 RUB

Teacher / Professor

  • Elementary School Teacher – 51,600 RUB
  • High School Teacher – 71,800 RUB
  • University Professor – 159,000 RUB

Comparing Wages in Different Russian Regions

Moscow workers earn approximately 124,000 RUB per month while St. Petersburg residents earn a bit less with an average wage of 119,000 RUB per month.

The cost of living is also cheaper in St. Petersburg than in Moscow with the former being ranked as the 72nd most expensive city in the world and the latter being the 57th most expensive city.

If you are looking to save money, working in a smaller Russian city may be a better option for you as wages tend to be lower but the cost of living is also lower. For example, in Nizhny Novgorod, the average wage is 97,000 RUB while in Yekaterinburg it is 95,000 RUB.

Of course, your salary also depends on your qualifications and skills. For example, a software engineer in Moscow can expect to earn around 160,000 RUB per month while someone with the same qualifications in St. Petersburg would earn approximately 145,000 RUB.

So, if you are planning to move to Russia for work, it is important to research salaries in different cities as well as the cost of living so that you can make the best decision for yourself.

Standard Hourly Wage in Russia

Russia’s average hourly income is 600 RUB (pay per hour). The minimum wage in Russia is set at 4,859.60 RUB per month, which equals 157.20 RUB per day, or 7.86 RUB per hour. The average monthly salary in Russia is 44,000 RUB.

This also depends on the company you work for and the position you occupy.

Salary Comparison Between the Public and Private Sectors

Employees in Russia’s public sector earn, on average, 6% more than those in the country’s private sector. The average salary in the public sector is RUB 52,948 (US$ 744), while the average salary in the private sector is RUB 49,504 (US$ 693).

The highest salaries in the public sector are found in the energy industry, where employees earn an average of RUB 77,832 (US$ 1,081) per month. The lowest salaries are found in the education and healthcare industries, where employees earn an average of RUB 39,764 (US$ 554) and RUB 42,416 (US$ 590) per month, respectively.

In the private sector, the highest salaries are found in the banking and finance industries, where employees earn an average of RUB 84,560 (US$ 1,174) and RUB 80,104 (US$ 1,106) per month, respectively.

The lowest salaries are found in the retail and hospitality industries, where employees earn an average of RUB 27,136 (US$ 376) and RUB 28,856 (US$ 402) per month, respectively.

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