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Minimum Wages to Rise by 39% as of March 21

Minimum Wages to Rise by 39% as of March 21
Minimum Wages to Rise by 39% as of March 21

Minimum wage, excluding allowances and stipends, will rise by 39% in the new Iranian year (starting March 21) to reach 26.55 million rials ($107.05), says Minister of Cooperatives, Labor and Social Welfare Mohammad Shariatmadari.
“Workers of other pay levels (above the minimum) will see a rise of 26% plus a monthly fixed sum of 2.41 million rials ($9.7),” he told the Islamic Republic of Iran News Network.
As per the decision made at the latest meeting of Supreme Labor Council on March 13, representatives of workers, employers and the government agreed to set the daily wage at 885,000 rials ($3.56), which raises the monthly minimum wage to 26.55 million rials. 

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