INDEX OF WAGES AND SALARIES
The main idea of this Index is to estimate the approximate level of salaries/ wages of similar-level employees in different regions (cities) taking Moscow level as a reference point. The input data for constructing the Index is information on wages collected by Goskomstat combined with few other parameters to adjust for skewness to low-and medium-level employees (blue-collar and office workers) at the expense of higher paid professionals.
Index is calculated as weighted average of several parameters characterizing the compensation level for employees. The report presents raw data and the constructed Index.