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Guangdong Updated the Minimum Wage in July July 30,2018.

The Minimum Wage in Guangdong Province has been raised!


According to the latest news released by the Human Resources and Social Security Department of Guangdong Province in China, the Minimum Wage standard for employees of enterprises and part-time workers in the province will be adjusted from July 1, 2018.



The latest Minimum Wage standard in Guangdong (Starting from July 1)


The latest Minimum Wage standard in Guangdong --Sinoincorp.com


(Source from: Human Resources and Social Security Department of Guangdong Province website)


The Minimum Wage standard for employees in Guangzhou has been raised from 1895 yuan/month to 2100 yuan/month, and the Shenzhen area has been raised from 2130 yuan/month to 2200 yuan/month. The minimum hourly standard for non-full-time employees in Guangzhou and Shenzhen has been raised to 20.3 yuan. The standards of other regions in Guangdong are adjusted according to the second, third and fourth groups.


According to the relevant provisions of the former Ministry of Labor and Social Security, the Minimum Wage standard refers to the minimum labor remuneration that the employer should pay when the laborer provides normal labor within the legal working hours, excluding allowances for the extension of working hours, high temperature and other special work, and state-provided labor benefits.

Social Security payment in China --Sinoincorp.com




With the adjustment of the Minimum Wage standard in Guangdong, China, the Social Security payment base will also be adjusted accordingly. For example:



The upper and lower limits of the Social Security payment base for Guangzhou in 2018


The upper and lower limits of the Social Security payment base for Guangzhou in 2018---Sinoincorp.com


(Source from: Guangzhou Municipal Local Taxation Bureau website)


After adjustment, take the minimum payment base of Guangzhou Social Security as an example: The enterprise payment fee increased from 828.75 yuan to 911.75 yuan per month, an increase of 83 yuan; The personal payment fee increased from 346.49 yuan to 380.34 yuan per month, an increase of 33.85 yuan; The total amount of payment increased from 1175.24 yuan to 1292.09 yuan per month, an increase of 116.85 yuan.

(Note: In different industries and regions, the payment of unit and individual will be slightly different. The actual payment of social security is subject to the local Social Security policy.)




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