The RF Labor Code was amended to address certain issues regarding compensation, including with respect to golden parachutes for state companies' employees, which are now subject to various limits. The RF Labor Code now limits the maximum amount of compensation to a sum equal to three months’ average salary for CEOs, deputy CEOs, chief accounts, and members of collegiate executive bodies of state companies, entities, and other government agencies, including commercial organizations with more than 50% of the share capital being state-owned. This amendment has retroactive effect and affects employment agreements concluded before April 2014. Moreover, companies are currently prohibited from giving compensation to employees (in both state and non-state companies/organizations) in cases where the employee’s employment contract was terminated due to misconduct or the imposition of disciplinary sanctions.

Federal Law No. 56-FZ "On Amending the RF Labor Code regarding the Limitation of Compensations, other Payments when the Employment Agreements are terminated," dated April 2, 2014.