What's new

China's Shenzhen raises minimum wage by 14 pct to country's highest

Jun

FULL MEMBER
Mar 23, 2010
160
0
340
SHENZHEN, Dec. 30 (Xinhua) -- China's southern manufacturing hub of Shenzhen Friday said it will hike the minimum monthly wage by 13.6 percent starting February 2012 to help attract workers and buffer their rapidly rising living costs.

The move raises the minimum monthly wage for full-time workers to 1,500 yuan (240 U.S. dollars), the country's highest, the Shenzhen municipal human resources and social security bureau said in a press release.

The hike is aimed at easing the labor shortage after the Spring Festival, which falls on Jan. 23, when many migrants usually seek higher-paid jobs after returning from home, it said.

"It's a clear signal to people from all walks of life, particularly the laborers. The businesses can also better arrange their annual capital expenditure," it said.

Shenzhen, which borders Hong Kong, has been hit by a chronic labor shortage for years as many migrants return to work in factories closer to their hometowns that offer competitive wages.

Sichuan, a major source of migrant workers, announced last week it would raise the minimum monthly wage by about 23.4 percent to as much as 1,050 yuan starting January 2012.

Severe labor shortages, sporadic workers strikes, and rising living costs in cities prompted wage hikes both this year and last year.

Twenty-four provinces, autonomous regions and municipalities raised the minimum monthly wage by an average of 22 percent this year, said Yin Weimin, Minister of Human Resources and Social Security.

China's Shenzhen raises minimum wage by 14 pct to country's highest - Xinhua | English.news.cn


Beijing to raise minimum wage 8.6% from January
http://news.xinhuanet.com/english/china/2011-12/29/c_131334103.htm
 
only 1500? lol``they must be cleaner positions, I wish I could have our staffs to stay here with that money``
but anyway, considering the living cost in Shenzhen they could raie to 2500 if its not too high
 
1500 yuan is definitely not enough in Shenzhen, considering it's min wage, the actual wage will be much more than that
 
only 1500? lol``they must be cleaner positions, I wish I could have our staffs to stay here with that money``
but anyway, considering the living cost in Shenzhen they could raie to 2500 if its not too high

People barely wanna work for 1500 in fuzhou let alone shenzhen
 
1500 per month?

Now if you say so to a skilled decorating worker in WuHan(my hometown),I'm sure he will throw the money on your face!

200-250RMB per day is the regular wage of a skillful decorating worker in WuHan.We must face the fact that nowday's China is not what it used to be in 90s.Migrant workers' owning and social level is on the rise.

1500RMB per moth only applies to those fresh graduates wasting their lives in colleges as well as learning nothing!
 

Users Who Are Viewing This Thread (Total: 1, Members: 0, Guests: 1)


Back
Top Bottom