Suzhou minimum wage standard in 2024

The minimum wage in Suzhou in 2024 is as follows:

1, Suzhou City, Zhangjiagang City, Changshu City, Taicang City and Kunshan City implement the monthly minimum wage standard of Jiangsu Province, which is 2020 yuan/month.

2. Suzhou City, Zhangjiagang City, Changshu City, Taicang City and Kunshan City implement the minimum hourly wage standard for part-time workers in Class I areas of Jiangsu Province, which is 18.5 yuan/hour.

Conditions for the adjustment of Suzhou minimum wage standard in 2024;

1. Economic development level: macro-economic indicators such as regional GDP growth rate and per capita GDP are considered.

2. Labor productivity: adjusted according to the average productivity of workers.

3. Consumer price index: According to the change of CPI, it reflects the influence of price level change on wages.

4. Per capita disposable income of urban residents: refer to the income growth of residents, and ensure that the wage growth is coordinated with the income growth of residents.

5. Employment status: according to the supply and demand relationship in the job market, balance the labor cost and the affordability of enterprises.

6. Social security level: consider improving social security benefits to ensure that the minimum wage standard is compatible with the social security level.

7. Operating conditions: consider the profitability and payment ability of the enterprise to ensure the sustainable development of the enterprise.

8. Changes in laws and regulations: Follow the national laws, regulations and policy guidance on the adjustment of minimum wage standards.

To sum up, the minimum wage in Suzhou, Zhangjiagang, Changshu, Taicang and Kunshan in 2024 is 2020 yuan/month, and the hourly minimum wage for part-time workers is 18.5 yuan/hour. The adjustment of these standards is based on many factors, including the level of economic development, labor productivity, consumer price index, per capita disposable income of urban residents, employment status, social security level, business operation status and changes in laws and regulations. By considering these factors, the adjustment of the minimum wage standard can not only ensure the income level of workers, but also take into account the payment ability and sustainable development of enterprises.

Legal basis:

Labor law of the people's Republic of China

Article 48

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.