| Rising Wages in China |
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| Tuesday, 18 October 2011 | |
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Since local governments have raised minimum wage, and many firms have raised wages. July 23, Human Resources and Social Security announced that, in the first half, the country has 23 provinces and autonomous regions to adjust the minimum wage. A general increase in the minimum wage, some companies pay independent Beginning of this year to increase the minimum wage over the news on the "country fair" to the same emission. March 1, adjusting the minimum wage in Fujian Province, the average increase rate was 24.5%, the highest ever one-year adjustment. With the largest Jianou, Zhangping, Pingtan 3, the monthly minimum wage from 480 yuan transferred to 700. From May 1, the province of Shandong Province adjusted monthly minimum wage is 920 yuan, 760 yuan, 600 yuan monthly minimum wage standard than the original average increase of 21.2%. The adjustment of the minimum wage in Guangdong this year, the average raise of more than 20% increase over previous years ... ... "Now is a good time." Fujian Provincial Government Yang Yisheng, deputy director of the Development Research Center, said. He believes that, in 2008 due to the international financial crisis, a number of provinces to suspend the minimum wage adjustment. As the economy rebounds to improve, raise the minimum wage has become a local government's policy choices. In fact, in some areas, difficult to implement this standard is smaller than imagined. "Most enterprises in Guangzhou have wages higher than the minimum wage standards upgraded." Guangzhou City Center Market Director of Human Resources Zhang Baoying that enterprises implement the new minimum wage in good shape, with the long upgrade the labor market prices are not free relations. It is understood that, as early as in 2009, Guangzhou City, central market of human resources salary survey of enterprises, when enterprises are wage has more than 1200 yuan. "Less than 1,000 yuan, not hire workers." Fujian Provincial Department of Human Resources and Social Security Deputy Director Lai Ching poetry analysis, factors such as rising prices lead to increased cost of living of workers, a wage increase of rigidity causes. Wage growth and job security, how to find balance "Government policies to protect, also play a role in the invisible hand." Cao Jianhai Academy of Social Sciences researcher at the Institute of Industrial Economics, said overall salary increase will be a long-term trend. At present, real wages are still low wages of migrant workers for many years You Qinong limited growth. Zhou Yueyue 28-year-old from Sichuan, to Fuzhou working for 11 years. Income of 2,000 yuan a month now, but never thought of the cinema, singing KTV. Accommodation has recently risen from 200 yuan 160 yuan per month, utilities, daily necessities such as food and clothing for travel, but also 1,500 yuan per month. "The children just a year old, life Jinjinzhangzhang, expecting revenues to increase again." For businesses, the salary increase is a major challenge. Shandong Academy of Social Sciences Institute of Sociology, director of the Lishan Feng said that SMEs and some low-income sectors is the major target. Enterprises are also digested by all means this part of the cost. Li Xianyong Houjie in Dongguan has a case and bag, the factory has 210 workers, "support" over the exchange rate, prices of raw materials such as pressure, and "carry" over the international financial crisis, orders are now sufficient. The basic wage of workers last year will be increased to 1,200 yuan, higher than the minimum wage, to open this year, he in turn wages rose to 1,500. How to protect profits? On the one hand, he stability of a number of skillful and skilled workers, middle and low orders from the past, the transition to the high-end products, the profit will increase in pace. Another option is to "allow workers to own up to his salary": 8 people can do what 10 people? Central Party School, said Professor Zhou Tianyong, the role of wage increases is double-sided, and in the labor supply exceeding demand, rising wages, also make part of the force does not receive employment and risks of Shi Yelv will actually increase. According to demographic estimates, for a time, the country's urban labor force in need of employment each year more than 2,400 people, while normal growth conditions, the economy, jobs, Zhinenganpai 12 million a year or so while a large number of rural labor force need to be transferred, obvious contradiction between the labor supply exceeds demand. About the Author: Keyword Tags: forging hammer, api casing, double nine domino, |
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