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What Really Reduces Salary

27-10-2009
When talking about the size of a salary, two factors are valued incorrectly: minimal wage and contributions to the State Social Insurance Fund. The role of minimal wage in relation to the size of salary is overestimated while the contributions to the State Social Insurance Fund are underestimated. Ruta Vainiene, President of LFMI, talked about the impact of these factors on wages on Lietuvos radijas