,
abercrombie and fitchThis announcement signals a rapid shift in the government’s wage policy. It was less than two months ago on October 27 that a spokesman for MHRSS said that the ministry would increase the minimum wage. Territories that had not recently increased their minimum wage were told they would have to by the end of the year.
The Ministry of Human Resources and Social Security (MHRSS) announced November 17 that a planned adjustment of the national minimum wage would be postponed in view of the current economic conditions.
The national minimum wage was scheduled to increase by the end of this year – until a slowing economy triggered second thoughts.
From Caijing Online
MHRSS not only postponed the adjustment, it also advised some regions that they could reduce their required insurance payments if they already had positive balance.
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By intern reporter Li Peng
In order to cope with the bleak state of the current market,
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President of the wage department for the China Commission for Labor Studies Su Hainan said that the minimum wage is set according to the factors like the minimum living expense,
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When asked whether the sudden postponement of an increase to the minimum wage was in line with current regulations,
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