Compensation is paid for each day of delay hereinafter 

Compensation is now paid for each day of delay.  This provision was established in the new version of the Labor Code. 

According to Article 253 of the new version of the Labor Code, the terms of payment of wages to employees are determined in the collective agreement or internal document, and the absence of them, in the terms specified in the labor contract, and cannot be less than once every six months. 

Employees are paid a monthly salary in two parts (in a lump sum and the amount of the remaining part) with a break of not more than 16 days. 

When the day of payment of wages falls on a day off or a non-working holiday, it has been established that wages will be paid on the eve of these days.  It is also noted that the timely payment and amount of the salary due to the employee should not depend on the execution of other payments and their order. 

Also, in Article 333 of the Code, the employer is financially responsible to the employee for delayed payment of wages. 

According to this, in case the employer violates the deadline for payment of wages, vacation payments, payments upon termination of the employment contract, and (or) other payments due to the employee, they shall be paid every day from the day after the payment deadline to the day of actual settlement. They must pay for the day of delay, together with interest (monetary compensation) based on the refinancing rate of the Central Bank in force at that time. 

The obligation to pay this monetary compensation arises regardless of whether the employer is at fault for the delay in the payment of the monthly salary or other payments due to the employee.