Does the Chengdu Minimum Wage Include Individual Social Security and Provident Fund Contributions?

The minimum wage is the lowest amount of labor remuneration paid by the employer (or employing unit) to a worker who has provided normal labor during legal working hours. The minimum wage does not include overtime pay, allowances for special working environments and special conditions, nor does the minimum wage include workers' insurance, welfare benefits and various non-monetary incomes. Minimum wages are generally set by a country or region through legislation. In foreign countries, in addition to the government's ability to set minimum wages, organizations in certain industries may also set their own minimum wages for that industry. Minimum wages may be set at a monthly rate or an hourly rate. The setting of minimum wages reflects the protection of workers' rights and interests by the regulatory bodies. In foreign countries, the minimum wage is a legitimate government intervention in the labor market.