Beijing raises minimum wage
( 2003-12-25 21:06) (Xinhua)
The minimum wage rate in Beijing is to rise by 30 yuan (US$3.6) to 495 yuan
(US$59.8) per month, the Beijing Office of Labor and Social Security announced
Thursday.
Mao Ai, an official with the office, said the new rate would be implemented
on Jan. 1 next year and would apply to all the employees of companies,
institutes, government departments and other organizations.
The current minimum level is 465 yuan (US$56) a month.
Mao said the minimum rate was based on the average indices of prices,
salaries and other statistics.
The city adopted a minimum wage in 1994, when the government required
employers to pay at least 210 yuan (US$25.3) per month.
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