Abstract
Average wages of higher-education teaching personnel (HETP) in 2015 must account for 130% of the average wages in a given region. The Russian average HETP wages in January-September 2015 accounted for 140.2% of the average wages in economy, showing high differentiation by constituent territory of the Russian Federation. Russia’s Ministry of Education and Science has recently concluded that HETP average wages much higher than 130% is indicative of that the money management of a higher education institution is cost-inefficient. Therefore the Ministry plans to cut subsidies which subordinated higher education institutions receive for implementing their government assignment, considering it reasonable that no extra money should be allocated to institutions which can afford above-normal HETP wages. Hence, budget allocations may be cut for such institutions, whereas they may increase for institutions which fail to catch up with the target value. With such a policy in place, however, a reverse effect can be attained, that is, higher education institutions will cut their HETP average wages in order to be eligible to apply for more funds to cover their current operations.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
