Entrepreneurs predict 11% reduction in wages



December 25. FINMARKET.RU – Russian entrepreneurs predict that next year’s salaries will decrease by 10.9% compared to 2019, according to the Center for Strategic Research (CSR) in the December monitoring of the business climate, compiled on the basis of surveys of business representatives. “Vedomosti”. The general economic situation forces entrepreneurs to reduce wages for entrepreneurs: they expect a decline in revenue to 86% of the pre-crisis level (this is 1.1 p.p. worse than the September forecasts), operating profit – to 88% (deterioration by 4 p.p. compared to September), demand – up to 90%.

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