China Financial Daily

April 1, 2010

The minimum wage all over the world

Filed under: Financial News — Tags: — sherry @ 1:12 am -0700

The minimum wage all over the world
The data is from January 2007
The Luxemburg minimum wage is 9.08 euros for an hour and 1570 euros for a month.
The Ireland minimum wage is 8.30 euros for an hour and 1403 euros for a month.
The French minimum wage is 8.27 euros for an hour and 1254 euros for a month.
The Holland minimum wage is 8.13 euros for an hour and 1301 euros for a month.
The UK minimum wage is 7.96 euros (5.52 pounds) for an hour and 1361 euros for a month.
The Belgium minimum wage is 7.93 euros for an hour and 1259 euros for a month.
The Australia minimum wage is 7.65 euros for an hour.
The USA minimum wage is 4.34 euros for an hour.
The Greece minimum wage is 4.22 euros for an hour and 668 euros for a month
The Russia minimum wage is 65-172 euros for a month
The minimum wage of mainland China is 26-78 euros for a month.

Most EU countries are after-tax minimum wage (gross) monthly salary of a formal definition, the United States, the United Kingdom and Ireland Zeyi hours of formal definition. 27 EU countries, 20 countries have established a statutory minimum wage, such as: the lowest in Bulgaria (92 euros / month) – Luxembourg ( 1,570 / month) see the right form. Part of the country by local trade unions, trade associations provided. With the exception of most Western countries, the U.S. minimum wage increase according to consumption expenditure, on a regular basis to upgrade.

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Beijing minimum wage: Beijing plans to raise the minimum wage to be 900 yuan (about 132 usd)

Filed under: Financial News — Tags: — sherry @ 12:57 am -0700

Beijing minimum wage: Beijing plans to raise the minimum wage to be 900 yuan (about 132 usd)
News on April 1, 2010: In Beijing, the minimum wage is 800 yuan (117 usd). At present, it is expected to raise the minimum wage, which will be about 900 yuan. Yesterday, the Municipal People’s Insurance Bureau users online communication between man and revealed the news.

City, “two sessions” period, the Beijing Municipal People’s Insurance Bureau who said that in the salary distribution enterprises, improve the system of minimum wages this year, Jiang, Biao Zhun timely raise the minimum wage, is expected to Shangtiao growth rate of wages and social Pingjun Bilixiangdang shares are up about 10% .

Adjustment of the minimum wage time after the second quarter of this year, the first in April, the latest in July. City People’s Insurance Agency also said in July would continue to release wage guidelines on good economic returns, such as two or more consecutive profitable enterprises designated wage growth, “warning line”; on the general operations of the enterprise, is designated in bit line; on the more difficult enterprise, but also the low line of the standard wage growth.

In addition, for users to see whether the proposed length of service pension issues, the Urban People’s Insurance Bureau, said the reform and opening up began to weaken after the “seniority”, and strengthen the “payment period” in the title, especially the new workers to work, length of service is to pay social insurance premiums of its time. Employees who have reached retirement age, social insurance institutions to calculate the pension, the payment period is important to examine indicators of

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