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11 provinces and cities raised the minimum wage standard This 8 cities have exceeded 2,000 yuan

June 30, 2018 11:21
source: Zhongxin Jingwei
edit:Oriental Wealth Network

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Summary
[11 provinces and cities raised the minimum wage standard for 8 cities has exceeded 2,000 yuan] as of June 29, this year has been raised in Beijing, Sichuan, Guangdong, Liaoning, Xinjiang, Jiangxi, Tibet, Guangxi, Shanghai, Yunnan and Shandong 11 provinces and cities minimum wage standard. At present, monthly minimum wages in eight cities such as Shanghai, Shenzhen, Beijing, Guangzhou, Tianjin, Hangzhou, Ningbo and Wenzhou have exceeded 2,000 yuan. (Zhongxin Jingwei)

China-Singapore Jingwei News, on June 29, Beijing and Sichuan Province both announced that they raised the minimum wage. The Beijing Municipal Bureau of Human Resources and Social Security announced that the minimum wage has been adjusted from 2,000 yuan per month to 2,120 yuan per month, an increase of 120 yuan, and will be implemented from September 1 this year. On the same day, the Sichuan Provincial People and Social Affairs Office stated that starting from July 1, 2018, the monthly minimum wage was adjusted to 1,550 yuan/month, 1,650 yuan/month, and 1,780 yuan/month, with the rates of increase being 23.0% and 19.6% respectively. 18.7%.

According to the incomplete statistics of the China-Singapore Jingwei client, as of June 29, Beijing, Sichuan, Guangdong, Liaoning, Xinjiang, Jiangxi, Tibet, Guangxi, Shanghai, Yunnan, and Shandong have raised their minimum wage standards this year. At present, monthly minimum wages in eight cities such as Shanghai, Shenzhen, Beijing, Guangzhou, Tianjin, Hangzhou, Ningbo and Wenzhou have exceeded 2,000 yuan.

  8 city minimum wage breaks 2,000 yuan Shanghai is 300 yuan higher than Beijing

After the minimum wage has been raised, the monthly minimum wage in eight cities including Shanghai, Shenzhen, Beijing, Guangzhou, Tianjin, Hangzhou, Ningbo and Wenzhou has exceeded 2,000 yuan.

Among them, the Shanghai monthly minimum wage standard is 2420 yuan, which is the highest in the country; Shenzhen is the second highest monthly minimum wage standard is 2200 yuan; Beijing third, the monthly minimum wage standard is 2120 yuan; followed by Guangzhou, the monthly minimum wage standard is 2100 yuan; Tianjin’s monthly minimum wage exceeded the 2,000 yuan mark for the first time last year, reaching 2,050 yuan; the monthly minimum wages for Hangzhou, Ningbo, and Wenzhou in Zhejiang Province were both RMB 2010.

Sino-Singapore Jingwei client found that after the adjustment of the previous minimum wage, Shanghai was already the highest city in the country. This is obviously closely related to the level of economic development in Shanghai. Shanghai per capita in 2017GDPFor the first time, more than 120,000 yuan has been approaching the standard of 20,000 US dollars in developed economies. From per capita disposable income, the per capita disposable income of Shanghai residents in 2017 reached 58987.96 yuan, ranking first in the country.

According to China Economic Weekly, Su Hainan, vice president of the China Labor Association, pointed out that the minimum wage standard is not only related to GDP and per capita GDP, but also related to local economic growth. If the economic growth slows down, the local government will also consider whether to raise the minimum wage.

  Your "five risks and one gold" may be affected

How will the minimum wage increase affect your "money bag"?

Xin Bing reports that Zheng Bingwen, director of the World Social Security Research Center at the Chinese Academy of Social Sciences, believes that the most directly affected by the minimum wage standard is the low-income group. The increase in the minimum wage standard has a "immediate effect" on the income of this group. Although there are no clear statistics, there are not many people who rely on the “minimum wage” to eat. One obvious example is the dispatch of laborers, and the sales staff is composed of “basic salary + commission”.

In addition, as the minimum wage increases, the level of social security such as “five risks and one gold” associated with workers will also increase. After the minimum wage standard is released, the relevant departments will consider the personal payment of social insurance, housing accumulation fund, the average salary level of workers, social welfare funds and unemployment insurance premiums, etc., and make necessary amendments to this.

Taking the provident fund as an example, the bases for the monthly payment of housing provident fund for employees must not be lower than the minimum wage for the previous year announced by the local People's Bureau. In addition, the “Guiding Opinions on Adjusting the Standard of Unemployment Insurance Fund” released by the Ministry of Human Resources and Social Security and the Ministry of Finance in 2017 made it clear that the standard of unemployment insurance will be gradually increased to 90% of the minimum wage standard for urban employees.

However, as regards whether the minimum wage includes the social security and provident fund payable by workers, local regulations are not uniform.

For example, in the 11 provinces and cities that have raised the minimum wage in 2018, Shanghai clearly stipulates that individual social insurance contributions and housing reserves donated by law shall not be part of the monthly minimum wage and shall be paid separately by the employer. The adjusted monthly minimum wage in Jiangxi includes the social insurance premiums that workers must pay. The adjusted minimum wage in Yunnan includes the social insurance premiums and housing accumulation funds that employees should pay.

According to the China News Network, Su Hainan, deputy director of the China Labor Association, believes that the "minimum risk" is higher if it does not include the "five risks and one gold" minimum wage. Because employers need to pay separately, for workers, they will receive more wages.

  What other places are expected to follow up during the year?

According to public information, in addition to the above 11 provinces and cities, the minimum wage in Anhui and Chongqing is also likely to be raised in 2018.

According to the relevant regulations of the Ministry of Personnel and Social Security, the minimum wage standards for all provinces and cities are adjusted at least once every two to three years, and the adjustment rate does not exceed the growth rate of average social wages in principle.

The Zhongxin Jingwei client combing found that the minimum wage in Anhui has not been adjusted for more than two years. According to the Hefei Evening News, on February 8, the People's Association of Anhui Province held a press briefing session to publicize the work arrangement for 2018 and proposed raising the minimum wage standard in due course.

In February of this year, the Chongqing Municipal Human Resources and Social Security Bureau publicly responded to the website. In 2018, the minimum wage adjustment plan will be drafted. The minimum wage adjustment plan must be formulated according to the socio-economic development level and approved by the municipal party committee, the municipal government, and the Ministry of Human Resources and Social Security. , to the community.

                (Original title: 11 provinces and cities raised the minimum wage, this 8 city has exceeded 2,000 yuan)

                (Editor: DF120)

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