Cabinet lifts cap on salaries of SOE top managers

Ukraine's Cabinet of Ministers has lifted restrictions on the salaries of managers, members of executive bodies and supervisory boards of state-run enterprises.

"Starting October, officials will be receiving their salaries in full," the statement said," the RBC Ukraine news agency wrote on October 28, referring to a Cabinet resolution.

The government adopted the relevant resolution (No. 996) on October 26.

"This is to establish that from October 2020, the volume of salaries of managers, members of executive bodies, as well as remuneration of members of supervisory boards of public sector entities shall be determined in keeping with the terms of contracts," reads the resolution.

Read alsoMinimum wage increase should be postponed until Dec 2021, MP suggestsThe document repeals certain government regulations and reinstates Paragraph 2 of Cabinet Resolution No. 141 of February 5, 2020, related to conditions and amounts of remuneration of economic entities' CEOs in the public sector of the economy.

Background

In August, the Constitutional Court of Ukraine (CCU) declared unconstitutional the Cabinet's restrictions on salaries of officials and judges during the coronavirus lockdown.

At the same time, the Cabinet maintained a wage cap for members of government at the amount of five average salaries, despite the CCU's ruling.

Salaries of other officials are also capped at said amount.