Economy, Domestic Economy

No Pay Rise for Officials, Executives This Year

No Pay Rise for Officials, Executives  This YearNo Pay Rise for Officials, Executives  This Year

Top government officials, managing directors, members of the board of directors, provincial governors, as well as mayors and city councilors of provincial capitals will not receive a pay rise in the current fiscal year (March 2018-19), the Iranian Cabinet decided on Wednesday.
The Cabinet also set a 6-12% increase in the wages of public employees. Pensioners will also see a 10% increase in monthly payments while all government employees and pensioners must receive at least 12 million rials ($285) this year, IRNA reported.  
Earlier this month, the Supreme Labor Council decided that minimum wages will rise by 19.8% in the new Iranian year that started on March 21. After a dozen sessions, representatives of workers, employers and the government agreed to increase last year’s (March 2017-18) minimum wage from 9.29 million rials (about $185.8) to 11.14 million rials ($222.8) this year. 


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