THE REGULATION OF SALARY: EUROPEAN EXPERIENCE AND RUSSIAN REALITIES
In article features of regulation of level of salary in the European countries by means of the mechanism of establishment of minimum wage are considered. Merits and demerits of state regulation of level of compensation are revealed, the main models of regulation applied in the European countries are systematized. The interrelation between minimum wage, gross domestic product and average values of a salary in economy in the European countries and Russia are shown