Social News
Written by: Huang Weilun
2020-09-25 09:11
Last update date: 2020-09-25 09:11
The epidemic has hit various industries. It is reported that the Minimum Wage Committee, which is responsible for reviewing the minimum wage level, has completed the biennial minimum wage level review work. Except for the labor committee, most of the other members tend to freeze the current level and cannot reach a consensus. The minimum wage may remain at 37.5 yuan in the next two years.
The chairman of the Federation of Trade Unions, Huang Guo, stated on a program on Hong Kong and Taiwan this morning (25th) that inflation has occurred in the past two years. If the minimum wage remains the same, it means a pay cut in disguise, which is unacceptable.
He believes that the minimum wage should be raised to 39.3 yuan so as not to affect the purchasing power of the grassroots.
(Profile picture)
Huang Guo said on the Hong Kong and Taiwan program "Millenniums" this morning that the inflation rate has reached 4.8% in the past two years. He originally thought that the minimum wage would always increase, but he did not expect that the Minimum Wage Committee tended to freeze the current level.
He continued that his own minimum wage has fallen short of the economic environment and believes that the level should keep up with inflation. Based on this calculation, it will be increased to 39.3 yuan.
He also said that many grassroots workers were dissatisfied with the government's policies during the anti-epidemic period, thinking that the measures only protect enterprises, not employment.
Regarding some people’s concern that the increase in the minimum wage will cause a ripple effect, Huang Guo believes that it is just an excuse. At present, only about 20,000 workers receive the minimum wage, and its role in guaranteeing the minimum wage is becoming less and less. Many types of work have an hourly wage of 50 to 60 yuan. I believe The actual ripple effect is fine.
He hopes that the government can balance the interests of all parties and reach a consensus.
News: Labor and management cannot reach the consensus minimum wage or "freeze wages" to maintain an hourly wage of 37.5 yuan for more than two years
The Minimum Wage Committee will start an 8-week public consultation to review the statutory minimum wage level today
The median salary increase of 18,200 yuan in 2019 hit a 9-year low HR: data lags the reality even worse
Minimum Wage Federation of Trade Unions Labor Protection
