Shenzhen's minimum wage raises the highest enterprise in the country

Some laborers clap their hands and say that the business is frowned upon. In 2012, Shenzhen raised the minimum wage.

On December 30, 2011, Shenzhen City announced the adjustment of the minimum wage standard for 2012. After review by the Shenzhen Municipal Government, starting on February 1, 2012, the minimum wage for full-time employed workers was 1,500 yuan/month, which is currently The highest level.

The minimum wage rate for this time is about 13.6% compared with the minimum standard of RMB 1,320/month in 2011, and the hourly minimum wage rate for non-full-time employed workers is raised to RMB 13.3/hour.

"First Financial Daily" reporter found that the implementation of wage standards in other areas of Guangdong Province is generally on March 1 each year, Shenzhen in the execution time is located in the first in Guangdong Province, the adjusted level is also the highest in the country.

Shenzhen proposed to adjust the minimum wage at the beginning of the new year and has sent a clear price signal to the human resources market to attract workers from all over the country to deep employment and meet the employment needs of Shenzhen enterprises.

On December 31, 2011, Shenzhen Municipal Bureau of Human Resources and Social Security published on its website the Notice on Adjusting the Minimum Wage Standard of the City. The Bureau stated that it will strengthen the monitoring and supervision of the implementation of the standard and urge Enterprises pay their employees' wages in accordance with the law, and they have a smooth channel for reporting complaints and severely investigate violations of the law.

With the increase of the minimum wage standard, many ordinary workers clapping and cheering, but there are also small and medium-sized enterprises who are frowned upon.

Some scholars have stated that the minimum wage standard should be dominated by the market, and it should be linked with labor productivity. The productivity of labor must be continuously raised and wages must be raised.

Cao Yuanzheng, Chief Economist of BOC International, said in an interview with this reporter that the minimum wage must be set by the government and cannot be dominated by the market. He believes that the problem at this stage is that the minimum wage has risen too fast and may cause more small and micro enterprises to withstand the pressure of rising costs and leave the industry.

Since 2011, the owners of SMEs have mourned a lot and it is more difficult to shout operations than in 2008. The cost of employing some SMEs has increased substantially. In particular, foreign-trade-oriented enterprises have suffered from fewer orders due to the debt crisis in Europe and the United States, and inflation has led to higher costs. This, together with the increase in labor costs, has led to a substantial reduction in corporate profits. An interview with the reporter at the end of December 2011 found that SME owners are generally pessimistic about 2012, claiming that winter has already come.

Guo Xiaohui, executive vice president of the Shenzhen Foreign Investment Association, once gave a penny to the Pearl River Delta for investigating the operating conditions of SMEs. The overall cost of raising the minimum wage has also increased.

Mr. Wan, the person in charge of Shenzhen Yongqin Toys Co., Ltd., told this reporter that the increase in the minimum wage will surely increase the company’s cost and the company’s operating conditions will certainly be more difficult. It will be even worse. He said that Hong Kong businessmen around have already estimated that about 20% of Hong Kong companies will not be able to withstand the pressure and close their doors.

Mr. Wan speculated that the news that the government had waged wage increases so early was that it wanted to attract migrant workers to notify their fellow citizens after returning home. After the Spring Festival, they went to Shenzhen to find a job. To a certain extent, this would solve the difficulty of recruiting workers in Shenzhen, which is beneficial to enterprises. aspect.

However, he also stated that business owners will add the added cost to the price of the product, which may also push up prices.

Lin Jiang, director of the Department of Finance and Taxation at the Lingnan College of Sun Yat-sen University, said in an interview with the newspaper that before the introduction of the minimum wage standard, the collective negotiation between employers and employees should be started. After many rounds of consultations, social consensus was reached and the minimum wage standard was finally introduced. At the same time, enterprises with poor operating efficiency will also have their own methods of implementation, such as the calculation method for adjusting the minimum wage, and the overtime pay, bonuses, and subsidies will also be included in the minimum wage.

According to the above-mentioned person in charge of the Shenzhen Municipal Bureau of Human Resources and Labor and Social Security, a significant increase in the minimum wage standard will, in the short term, have a certain impact on traditional labor-intensive enterprises, and reduce their profitability, but in the long run It is conducive to promoting Shenzhen's industrial upgrading, structural adjustment and sustainable development, and is conducive to promoting Shenzhen enterprises to carry out technological transformation and technological innovation, improve competitiveness, promote the construction of "Shenzhen quality", and help mobilize the work enthusiasm of low-income workers. .

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