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Authorities approved confiscation of 20% of citizens' wages for demonstrating undesirable conduct, under the orders of Putin.

Agreement finalized.

Agreement has been finalized.
Agreement has been finalized.

Authorities approved confiscation of 20% of citizens' wages for demonstrating undesirable conduct, under the orders of Putin.

Breaking News:

Russian President Putin signs new labor law

Ever heard about your boss reducing your salary for being late to work? Well, that could potentially be a reality in Russia, thanks to the new law recently signed by President Vladimir Putin.

According to reports, this law allows employers to deduct bonuses from employees who violate labor discipline, with a cap of up to 20% reduction in overall salary.[1] The law lays down the procedure for such deductions - it must be outlined in a local regulatory act that defines the bonus system.

But wait, there's more. Employers can also resort to other disciplinary measures such as reprimands, warnings, or even dismissals, as per an explanatory note to the document. The law is intended to ensure fair wages are paid to workers in a timely manner.[1]

Now, you might be wondering if you're in deep trouble for that occasional coffee break. Let's clarify - the law doesn't list every infraction that warrants these reductions, but employers have to follow standard disciplinary procedures, and the reductions can't exceed 20% of the overall salary.[1]

So, better buckle up and watch those coffee breaks, folks!

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  1. This new labor law in Russia, imposed by President Vladimir Putin, could impact business finance, as employers are now allowed to deduct bonuses from employees for labor discipline violations, up to 20% of the overall salary.
  2. The general-news landscape is abuzz with the latest political developments, as the new labor law in Russia, signed by President Putin, extends employers' disciplinary powers, potentially affecting business and finance practices in the country.

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