The Ministry of Human Resources and Social Security on Wednesday released the minimum wage standards for all provinces, autonomous regions and municipalities directly under the Central Government (as of October 1, 2023). At present, a total of 16 provinces in China have the first monthly minimum wage standard of 2,000 yuan or above.
From September 1, 2023, the monthly minimum wage in Beijing will be adjusted from 2,320 yuan to 2,420 yuan, an increase of 100 yuan; The hourly minimum wage for part-time employees will be adjusted from 25.3 yuan per hour to 26.4 yuan per hour. The minimum wage for part-time employees on statutory holidays will be adjusted from 59 yuan to 62 yuan per hour.
Starting from September 1, 2023, the monthly minimum wage in Tibet will be adjusted from 1,850 yuan to 2,100 yuan. At the same time, the hourly minimum wage was adjusted from 18 yuan to 20 yuan.
Since the beginning of this year, Hebei, Shanxi, Guizhou, Qinghai, Anhui, Shaanxi, Shanghai and other places have raised the minimum wage standard.
Among them, the central province of Anhui on March 1 to implement the new minimum wage standard, the new monthly minimum wage standard has four files, respectively: 2060 yuan, 1930 yuan, 1870 yuan, 1780 yuan. This is also the first monthly minimum wage in Anhui exceeded 2,000 yuan for the first time.
On the other hand, according to the Minimum Wage Regulations, different administrative regions within the scope of provinces, autonomous regions and municipalities directly under the Central Government can have different minimum wage standards. Among the 31 provinces, 8 provinces have four monthly minimum wage standards and hourly minimum wage standards, 17 provinces have three minimum wage standards, one province has two minimum wage standards, and the remaining 5 provinces have only one minimum wage standard.
Peng Peng, executive chairman of the Guangdong Provincial Institute of Physical Reform, analyzed the first financial and economic Affairs, and compared with small cities and counties, there are large differences in both wage income and living costs, so the minimum wage standard will also be significantly different. In general, the minimum wage standard is also higher in large cities with developed economies.
At present, a total of 16 provinces in China have the first-tier minimum wage of 2,000 yuan or above, namely Shanghai, Beijing, Guangdong, Zhejiang, Jiangsu, Hebei, Shaanxi, Tianjin, Shandong, Sichuan, Chongqing, Xizang, Anhui, Fujian, Hubei and Henan.
The minimum wage seems to have little to do with what most workers actually earn. However, in practice, the adjustment of minimum wage standards is conducive to the adjustment of distribution structure and has a substantial impact on the interests of workers. With the adjustment of the minimum wage standard, other treatment levels of workers linked to it will also change accordingly. For example, in the calculation of employees’ overtime pay and social security payment base, enterprises will increase it with reference to the minimum wage standard. When the minimum wage is raised, it means that the level of social security is correspondingly increased, which is conducive to the benefit of workers in general.