Wages in Russia increased 4.20 percent in May of 2025 over the same month in the previous year. This dataset provides - Russia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

While nearly one fifth of respondents in Russia revealed that salaries have already been decreased in their companies as of April 2020, 30 percent of survey participants stated that salaries would remain the same over the next six months in their firms. Nearly 30 percent of the polled expected salary reductions to some extent in the future.

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In March 2025, inflation amounted to 2.4 percent, while wages grew by 4.3 percent. The inflation rate has not exceeded the rate of wage growth since January 2023. Inflation in 2022 The high rates of inflation in 2022 meant that the real terms value of American wages took a hit. Many Americans report feelings of concern over the economy and a worsening of their financial situation. The inflation situation in the United States is one that was experienced globally in 2022, mainly due to COVID-19 related supply chain constraints and disruption due to the Russian invasion of Ukraine. The monthly inflation rate for the U.S. reached a 40-year high in June 2022 at 9.1 percent, and annual inflation for 2022 reached eight percent. Without appropriate wage increases, Americans will continue to see a decline in their purchasing power. Wages in the U.S. Despite the level of wage growth reaching 6.7 percent in the summer of 2022, it has not been enough to curb the impact of even higher inflation rates. The federally mandated minimum wage in the United States has not increased since 2009, meaning that individuals working minimum wage jobs have taken a real terms pay cut for the last twelve years. There are discrepancies between states - the minimum wage in California can be as high as 15.50 U.S. dollars per hour, while a business in Oklahoma may be as low as two U.S. dollars per hour. However, even the higher wage rates in states like California and Washington may be lacking - one analysis found that if minimum wage had kept up with productivity, the minimum hourly wage in the U.S. should have been 22.88 dollars per hour in 2021. Additionally, the impact of decreased purchasing power due to inflation will impact different parts of society in different ways with stark contrast in average wages due to both gender and race.

Sending employees to unpaid vacations was the most commonly employed measure by businesses in Russia in the view of the coronavirus (COVID-19) outbreak in the country. Remote work implementation and salary cuts were other popular personnel management mechanisms in times of the crisis.

The television broadcasting industry in Europe has undergone major changes in the last decade in response to the disruption to the market caused by video-on-demand services (VOD). These services have actively pushed audiences away from traditional linear programming, especially among younger people. Traditional television broadcasters are trying to rival streaming giants like Netflix and Disney+ by investing in their own online platforms. Broadcasters have significantly augmented investment in their online platforms, including RTL and ITV, both of which have relaunched their services in the last few years. Overall, TV broadcasting revenue in Europe is projected to be flat over the five years through 2025, at €95.6 billion, with a 1.4% rise in 2025. Pay-TV businesses are facing the double whammy of shrinking subscriptions and advertising revenue. Disposable income has dropped across Europe, and households are switching from TV subscriptions to streaming subscriptions. Sky Italia, an Italian pay-TV provider, announced 1,200 job cuts in 2023, following a loss of over 300,000 subscriptions in the previous year. Live sports broadcasts are now also facing the emerging threat of online platforms. Giants like Amazon have acquired live sports rights in various countries to compete against established sports TV channels. Organisers are even exploring direct online event distribution, as seen with F1TV, which live-streams F1 races directly to consumers in over 100 countries. More competition in this segment is a major threat to what is a highly profitable market for broadcasters. Traditional broadcasters are finding ways to stay competitive and relevant. Advertisers are set to continue to prioritise investment in online marketing, which yields better returns, curbing revenue for commercial broadcasters. Beyond investing in their own VOD platforms, French broadcasters are stepping up their game in terms of picture quality. By 2029, French broadcasters aim to discontinue terrestrial HD broadcasting, fully embracing the superior Ultra-HD, which would put them on par with SVOD capabilities. Evolving TV broadcasting is projected to support revenue growth at a compound annual rate of 4.3% over the five years through 2030, reaching €117.3 billion.

Four out of ten Russians were ready to lower their salary expectations in exchange for the possibility to work from home, according to a survey from March 2023. Among them, the largest share of respondents could consider agreeing to a **** percent reduction in their salary.

Klarna did not rank among downloaded apps in Russia that could be used for BNPL, a trait not found elsewhere in Europe. This according to an estimate using different buy now, pay later brands from across the world as well as within the country. Instead of Klarna, Russians downloaded local apps Mokka and Dolyame.ru from Tinkoff. The latter service launched in April 2021 as Russia's first BNPL serivce, whilst Mokka derives from a fintech located in Poland but also operates in Romania. A notable app in this list is ZoodPay, a super app similar to China’s WeChat and Alipay, in that it offers many wide-ranging services within its ecosystem. ZoodPay's buy now, pay later ecosystem, for instance, include a marketplace (ZoodMall), a cross-border system (ZoodShip), and logistics. The app aims itself at the Middle East, most notably Iraq, Jordan, Lebanon, Uzbekistan, and Kazakhstan. Russia's domestic financial clearing system - SPFS, or the System for Transfer of Financial Messages - is tied to that of Iran after the Middle Eastern country was cut of from international system SWIFT in 2019, a point that raised after Russia itself was excluded from SWIFT in 2022. PayPal is used in Russia, but it not immediately clear whether the numbers on display indicate use of certain buy now, pay later options found within the app or not.