Calculation of compensation for unpaid wages from January 30, 2024

Article 236 of the Labor Code of the Russian Federation has been amended. Interest for delayed wages (and similar amounts) will be payable if:

• wages accrued but not paid on time;
• wages were not accrued in a timely manner and the court recognized the employee’s right to receive them.

Now this norm is enshrined in the legislation – amendments to Article 236 of the Labor Code of the Russian Federation were introduced by the law of 30.01.2024 No. 3-FZ and came into force on January 30, 2024.

From January 30, 2024, employers are obliged to repay all types of debts, both accrued and non-accrued, with interest at the rate of 1/150 of the key rate for each day of delay.