Fines for labor violations will increase from April 1, 2024

28/03/2024

Legal entities and individual entrepreneurs employing hired labor are subject to fines for violations of labor legislation, in accordance with Article 265 of the Labor Code of Ukraine. The amount of the fine is determined based on the minimum wage, which as of April 1 is set at 8000 UAH according to the Law of Ukraine dated November 9, 2023, No. 3460-IX.

Fines for various violations include, for example:

10 times the minimum wage for allowing an employee to work without a contract, part-time, or with an irregular work schedule;
16 times the minimum wage for obstructing an inspection;
3 times the minimum wage for late payments;
2 times the minimum wage for violating minimum wage guarantees;
4 times the minimum wage for failure to provide guarantees and benefits to employees on military service.

How we can help

If you have any questions regarding the organization of personnel accounting for your enterprise, we recommend contacting us. Experts from SCHNEIDER GROUP will not only provide consultations on personnel management but also take care of managing your company's personnel records.

About SCHNEIDER GROUP

Since 2006 SCHNEIDER GROUP has been supporting international companies expanding to Ukraine. Our portfolio includes a full scope of services: from market analysis and partner search to complete accounting outsourcing, legal and tax consulting, and interim management services. We take over all non-core business functions so that our clients can focus on developing their business. We help our clients establishing subsidiaries in Ukraine compliant with local legislative requirements and transparent for international management. Our experts offer advice on best practices to optimise processes, reduce risks and minimise costs.

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