Press release
Fifteen Chinese Cities or Provinces Update Monthly Minimum Wages in 2018
1. Guangdong
2. Hainan
3. Sichuan
4. Guangxi
5. Xizang
These updates mean, by December 2018, six of 31 territories in China will have a minimum wage standard greater than CNY 2000. These are:
1. Shanghai
2. Beijing
3. Guangdong
4. Tianjin
5. Suzhou
6. Zhejiang
In addition, Chongqing formally implemented its new minimum wage standard on January 1, 2019. This provides a standard of CNY 1800 per month for A-Class and CNY 1700 per month for B-Class standard – respective increases of over CNY 300.
The legal minimum wage is the lowest amount it is permissible for an employer to pay a worker. According to “Provisions on Minimum Wage”, the minimum wage should be a monthly minimum wage and an hourly minimum wage. The rules also state it should be updated at least every two years.
Overall the updates show that the area with the highest increase was Guangxi and lowest was Anhui. Guangxi has increased by 20%, and its A-Class standard has been raised by CNY 280. This is probably due to higher living coats, social insurance, etc.
The inclusion or otherwise of social insurance premiums and the housing public accumulation fund in the minimum wage is unclear in legislation. Therefore, different regions take different approaches. For example, Shanghai does not include them; Jiangxi only includes social insurance premiums; and Yunnan includes both.
Stakeholders should also be aware that at least 22 provinces and cities have issued wage guidelines for enterprise to help business establish and perfect a normal wage increasing mechanism.
For detailed information on the different regions, cities and towns, please refer to: SGS China’s Minimum Wage Map
SGS Social Responsibility
SGS has been involved in social accountability since its inception and has been offering tailored audit services since 1996. Supported by a network of highly trained auditors, with extensive experience of reviewing operation with particular emphasis on factory capability, labor standards, environmental compliance and business integrity, SGS supports businesses with their responsible purchasing policies. Learn more about SGS’s Social Responsibility. [www.sgsgroup.com.hk/sas]
SGS SafeGuardS keep you up to date with the latest news and developments in the consumer goods industry. Read the full China Minimum Wage Updates 2018 Safeguard: [www.sgs.com/en/news/2018/12/safeguards-16718-china-minimum-wage-updates-2018]
Subscribe [link to: http://www.sgs.com/subscribesg] to receive SGS SafeGuardS direct to your inbox.
For further information contact:
Olina Cai
Marketing Executive
Supply Chain Assessments & Solutions
Tel: +86 (0)755-2532 8137
Email: crs.media@sgs.com
Website: www.sgs.com/sas
About SGS
SGS is the world’s leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 95,000 employees, SGS operates a network of over 2,400 offices and laboratories around the world.
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