Average salary reaches 2 million MNT

The Nationwide Statistics Workplace (NSO) has introduced that it has launched the wage statistics of enterprises and organizations as of the third quarter of this yr. Particularly, 768,000 staff of fifty,400 enterprises and organizations have been included within the social insurance coverage contribution fee report of the Social Insurance coverage Workplace. The variety of organizations paying such contributions elevated by 1,800 in comparison with the identical interval of 2022, by 373 in comparison with the earlier quarter, and the variety of staff elevated by 10,900 in comparison with the second quarter. 

The typical month-to-month wage per worker was 2 million MNT, which is 436,100 MNT greater than in the identical interval of 2022 and 119,300 MNT greater than within the earlier quarter. Contemplating the gender, the common wage was 2.3 million MNT for males and 1.7 million MNT for ladies. The wage of the employees within the area of actions of worldwide organizations and resident representatives was the best, 5.1 million MNT.

Nevertheless, the bottom quantity was 1.3 million MNT for the worker’s salaries in resorts, residences, and catering providers. Among the many whole variety of insured individuals, the proportion of residents with a wage of 2-3 million MNT was the best. Contemplating the common month-to-month wage of staff by area, it was 2.1 million MNT in Ulaanbaatar, which implies 120,000 MNT greater than the nationwide common. However in different areas, it was 106,800 to 541,400 MNT decrease than the nationwide common. Contemplating the type of organizational duty, the common month-to-month wage of staff in cooperatives and restricted legal responsibility corporations was 2.1 million MNT, in joint-stock corporations was 2.3 million MNT, and in state-owned enterprises was 2.4 million MNT. Nevertheless, the common month-to-month wage of staff in different organizations was 217,800 to 592,800 MNT lower than the nationwide common. Then, the common month-to-month wage of the staff of the price range group grew to become 1.75 million MNT, which was 500,400 MNT greater than the identical interval of the earlier yr, as claimed by NSO.