Xiamen basic wage standard 2024

Refers to the minimum wage standard set by Xiamen in 2024.

First, the formulation of basic wage standards in Xiamen

The basic wage standard in Xiamen is formulated by the local government after comprehensively considering factors such as economic development level, price level and labor market situation. It aims to ensure that workers can get enough remuneration to maintain their basic needs after working during normal working hours.

When formulating the basic wage standard, the Xiamen Municipal Government will make adjustments according to the relevant national policies and regulations and the local actual situation. Therefore, the basic wage standard in Xiamen may be different in different years.

Second, the role of Xiamen's basic wage standard

The basic wage standard in Xiamen is of great significance to both workers and employers.

For workers, the basic wage standard is the minimum guarantee for them to get remuneration. The employer must pay the workers' wages in accordance with the requirements of not less than the basic wage standard, otherwise it will bear corresponding legal responsibilities. This will help protect the legitimate rights and interests of workers and prevent employers from maliciously depressing wages.

For employers, the basic salary standard is a reference for them in recruitment and employment. The employer can formulate the salary system according to the basic salary standard to ensure the rationality and competitiveness of the salary level. At the same time, the basic wage standard is also helpful to standardize the labor market order and promote fair competition.

Third, the adjustment of Xiamen's basic wage standard

With the economic development and social progress, Xiamen's basic wage standard will be adjusted in time. The basis of adjustment includes economic development, price level, labor market supply and demand and other factors.

With good economic development and stable price level, Xiamen can appropriately raise the basic wage standard to better protect the living needs of workers. On the other hand, when economic development slows down or prices rise too fast, Xiamen can appropriately reduce or suspend the adjustment of basic wage standards to maintain the competitiveness of employers.

To sum up:

Xiamen Basic Wage Standard 2024 is the minimum wage standard stipulated by Xiamen in 2024, which is of great significance for safeguarding the legitimate rights and interests of workers, maintaining social stability and promoting economic development. Its formulation and adjustment are influenced by many factors, including economic development, price level and labor market conditions. Both employers and workers should understand and abide by this standard to ensure the harmony and stability of labor relations.

Legal basis:

Labor law of the people's Republic of China

Article 48 provides that:

The state implements the minimum wage guarantee system. The specific standard of the minimum wage shall be formulated by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government and reported to the State Council for the record. The wages paid by the employer to the workers shall not be lower than the local minimum wage.

Minimum wage regulations

Article 3 provides that:

The minimum wage standard mentioned in these Provisions refers to the minimum labor remuneration that the employer should pay according to law on the premise that the laborer provides normal labor within the statutory working hours or the working hours agreed in the labor contract signed according to law.

Regulations of Xiamen Municipality on Wage Payment of Enterprises

Article 12 stipulates:

The employing unit shall pay the workers' wages in cash according to the wage standard agreed in the labor contract, and shall not pay them in kind or securities.