Minimum wage to remain the same in 2020
26 Dec 19
IMPACT – LOW
What is the change? Kazakhstan has approved a budget that will keep the minimum wage at 42,500 Kazakhstani tenge (about US$110) per month for 2020.
What does the change mean? Companies should ensure that all work permit applications meet or exceed the threshold salary levels for foreign workers.
- Implementation time frame: Jan. 1, 2020.
- Visas/permits affected: Work permits.
- Business impact: Businesses may plan for minimum monthly salaries to remain the same as in 2019.
Analysis & Comments: Kazakhstan’s minimum monthly salary was raised significantly in 2019 but will remain stable in 2020. Foreign employees in Kazakhstan must meet strict criteria as highly-qualified workers, experts or executives, and their salaries typically already exceed the thresholds.
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