Russia: HQS Salary Notification Due July 29

Employers have until July 29, 2022 to file second quarter notifications for salaries paid to highly-qualified specialists (HQS). The notification must state the salary paid to HQS from April 1, 2022 through July 1, 2022. The reported HQS salary should be no less than RUB 167,000 per calendar month or RUB 501,000 per quarter (if there was a break in work during the reported period). Violations of the established notification procedures, including failure to notify, will result in administrative fines for the employer. Failure to pay the minimum salary set for HQS may result in a ban on the company to employ new HQS employees for two years. Effective September 1, 2022, the HQS salary requirement is expected to increase to RUB 750,000 per quarter under a draft law still subject to review by the parliament and the Federal Council and signature by the President.