Many areas to raise standard minimum wage

08:21, December 29, 2010      

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Chongqing announced recently to raise its standard minimum wage starting from January 1, 2011. The municipality joins now the team of 30 provinces and areas nationwide that have already effectuated the adjustment this year.

Besides the above-mentioned areas, Shaanxi, Zhejiang and other provinces are mulling to raise the minimum wage again, according to a nbd.com report on Tuesday.

Zhejiang had raised the minimum wage from 960 yuan ($144) to 1,100 yuan ($166) in April this year and the standard was the highest in the country at that time. According to the report, citing an official with Zhejiang Provincial Human Resources and Social Security Bureau, Zhejiang is studying the minimum salary adjustment plan, whose details have yet to be decided upon.

According to the official, every year around the Spring Festival (Chinese new year), labor shortages intensify. Currently, Zhejiang has 8 million technical talents but still falls on need of another 7 million, therefore adjusting the minimum wage can ease such dependence.

Beijing also announced Monday to make adjustments in the city.

A general manager from a Guangzhou-based company said that although it raised employees' salaries this year, it still can not recruit sufficient workforce.

Zhang Jianguo, official with the All China Federation of Trade Unions, said that under the current condition of rising inflationary pressure and commodity prices, it is necessary to raise the minimum wage, while it can not ensure job attractiveness.

Sun Qunyi, researcher with the Ministry of Human Resources and Social Security said that to solve the labor shortage, the government should also step up efforts in industries upgrading and talents training As well as balance distribution in different parts of the country.

Source: Global Times
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