Factors that influenced legalization of labor relations

12:38 - 11.12.2020


December 11, Fineko/abc.az. The incentive measures aimed at increasing wages and legalizing informal employment over the past period have also had a positive impact on the legalization of labor relations.

ABC.AZ was informed at the Ministry of Labor & Social Protection the legalization of labor relations was significantly influenced by factors that stimulate the development of the labor market, the introduction of new tax and insurance benefits in the private sector.

As a result of the consistent dynamics of wage growth over the specified period, the wage fund increased by 77%.

By Elmir Murad

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