What is the role of the minimum wage on quality of life?

Updated on society 2024-04-24
13 answers
  1. Anonymous users2024-02-08

    1. It is conducive to protecting the basic rights and interests of vulnerable workers. If China does not implement a minimum wage system and does not intervene in the incomes of vulnerable workers, more workers will earn less than the current level.

    2. Bottom-line standards that are conducive to maintaining social fairness and justice. Fairness and justice are embodied in the field of labor, that is, to ensure the right to labor remuneration and the basic right to survival due to the majority of workers, and the bottom line is that the wage income of workers can maintain the reproduction of labor force, that is, it should not be lower than the local minimum wage standard.

  2. Anonymous users2024-02-07

    The most important role of the minimum wage in the quality of life is to ensure the normalization of life, so that the food and clothing of the family can be effectively guaranteed, so as to make the society more stable.

  3. Anonymous users2024-02-06

    The minimum wage standard is different in each region, but at least the life in the region is guaranteed, so the minimum wage is very important to ensure people's lives.

  4. Anonymous users2024-02-05

    The minimum wage can ensure that a person's normal life is not restricted and can ensure the most basic quality of life of a person.

  5. Anonymous users2024-02-04

    Hello, I feel that the effect of the minimum wage on the quality of life is only to eat well and dress warmly. You can't eat too well, you can't wear too expensive!

  6. Anonymous users2024-02-03

    The basic livelihood of low-income people is guaranteed, and only then can the city's infrastructure be willing to be done.

  7. Anonymous users2024-02-02

    The main role is to ensure a better quality of life, which is the role of a minimum wage.

  8. Anonymous users2024-02-01

    The effect of the minimum wage on the quality of life. Low wages have a direct impact on the quality of life.

  9. Anonymous users2024-01-31

    The minimum wage standard refers to the minimum wage guarantee system, which is determined by each province, autonomous region and municipality directly under the Central Government. The subsistence minimum refers to the subsistence allowance of the residents. The two are not equated.

    It's not the same concept either. The state implements a minimum wage guarantee system, and the specific standards of the minimum wage are formulated by the people of the autonomous region, provinces and cities. The minimum wage standard does not refer to the basic salary of employees, but refers to the entire income of employees, including the basic salary.

    According to the relevant national and provincial regulations, the minimum wage standard shall include the basic salary (or standard wage), bonuses, and allowances (subsidies) in the nature of price compensation issued by the state, provinces and municipalities. Normal labor refers to the work performed by the worker during the statutory working hours or the working hours agreed in the labor contract in accordance with the provisions of the labor contract signed in accordance with the law. Workers who are entitled to paid annual leave, family visit leave, marriage and funeral leave, maternity (maternity) leave, birth control surgery leave and other leave periods prescribed by the state in accordance with the law, as well as the period during which they participate in social activities in accordance with the law during the statutory working hours, shall be deemed to have provided normal work.

    The minimum wage standard applies to enterprises, private non-enterprise units, individual industrial and commercial households with employees and workers who have formed labor relations with them within the territory of the People's Republic of China. The minimum wage standard refers to the minimum labor remuneration that the employer should pay according to law on the premise that the employee provides normal work during the statutory working hours or the working hours agreed in the labor contract signed in accordance with the law.

    Legal basis: Article 48 of the Labor Contract Law of the People's Republic of China: The state implements a minimum wage guarantee system, "the practice of giving corresponding subsidies to the population who have reached the poverty line to ensure their basic livelihood."

    1) It is a subsidy for the cost of living to ensure basic living.

    2) It is a kind of relief for the poor.

    3) It is temporary. If the income of a population or family that previously enjoyed the minimum subsistence allowance increases and exceeds the prescribed standard of relief, the population or family that was previously entitled to the minimum subsistence allowance shall no longer be entitled to the minimum subsistence allowance benefit.

    The subsistence minimum is a traditional practice in our country, but the meaning of the past is very different from that of today. In the past, the recipients of relief were divided into different types and treated differently. Since the 80s of the 20th century, many places have explored the reform of relief methods.

    In 1993, Shanghai was the first city in the country to establish a minimum subsistence security system, which was rolled out nationwide in 1996. In September 1999, the "Regulations on the Minimum Livelihood Security for Urban Residents" was approved and implemented nationwide on October 1 of the same year, which means that the minimum livelihood guarantee system for urban residents has been fully implemented throughout the country, and it is also an important symbol of the development of social assistance in China.

  10. Anonymous users2024-01-30

    Legal Analysis: The differences between the minimum wage and the minimum living standard are as follows:1

    Since the introduction of the minimum wage system in the country, the benefits of different functions have been expanded, and 31 provinces and municipalities in the country have implemented minimum wage standards. The implementation of the minimum wage system has played a positive role in safeguarding the labor rights and interests of workers, and is conducive to preventing and reducing the occurrence of wage deductions. The minimum subsistence guarantee is conducive to the implementation of the principle of giving priority to efficiency and taking into account fairness, and maintaining social stability; It provides a legal basis for the labor remuneration part of the labor relationship, which is conducive to the correct determination of the labor relationship and also provides a basis for the enterprise to do a good job in internal distribution.

    The implementation of the minimum subsistence guarantee provides a legal basis for deepening the reform of the wage system within enterprises, and also provides a basis for speeding up the reform of the wage system of state organs and institutions. The determination and adjustment of the minimum subsistence security standard is conducive to the macroeconomic regulation and control function of the first place. It is also conducive to building a harmonious society.

    2.The calculation formula of the minimum wage standard for different calculation methods is as follows: net operating income = operating income - operating expenses - depreciation of productive fixed assets - product tax + net rental income, net rental income from other assets, and converted net rent of self-owned housing.

    Net property income excludes premium income from the transfer of ownership of assets. The formula for calculating net transfer income is: net transfer income = transfer income - transfer expenditure, and the formula for calculating the minimum subsistence allowance is as follows:

    Real growth rate of per capita disposable income = (per capita disposable income in the reporting period per capita disposable income in the base period) Consumption ** index -100%. 3.It is suitable for different people.

    The minimum wage system shall apply to all workers whose main income** is the minimum subsistence allowance, and the minimum subsistence allowance is applicable to residents who have not been re-employed during the period of receiving unemployment benefits or after the expiration of the unemployment benefits, and whose per capita income is lower than the minimum subsistence allowance; Incumbents and laid-off workers receive wages or minimum wages, basic living expenses, and retirees receive pensions, but the per capita household income is still lower than the minimum subsistence security standard.

    Legal basis: Labor Law of the People's Republic of China

    Article 48 The State implements a minimum wage guarantee system. The specific standards of the minimum wage shall be prescribed by the people of the provinces, autonomous regions and municipalities directly under the Central Government, and shall be reported for the record. The wages paid by the employer to the employee shall not be lower than the local minimum wage.

    Article 49 The following factors shall be taken into account in determining and adjusting the minimum wage standards: (1) the minimum living expenses of the laborers themselves and the average dependent population; (2) the average social wage level; (3) Labor productivity; (4) Employment status; (5) Differences in the level of economic development between regions.

  11. Anonymous users2024-01-29

    The difference between the minimum wage standard and the minimum living cost is as follows:

    1. The role is different

    Since the implementation of China's minimum wage system, its beneficiaries have continued to expand, and 31 provinces and cities across the country have implemented the minimum wage standard. The implementation of the minimum wage system has played a positive role in protecting the labor rights and legitimate interests of workers and workers, and is conducive to preventing and reducing the occurrence of wage deductions from workers.

    The minimum cost of living is conducive to the implementation of the principle of giving priority to efficiency and taking into account fairness, and maintaining social stability; It provides a legal basis for the labor remuneration part of the labor relationship, which is conducive to the correct determination of the labor relationship and also provides a basis for the enterprise to do a good job in internal distribution. The implementation of the minimum subsistence allowance has provided a legal basis for deepening the reform of the internal wage system of enterprises, and has also provided a basis for speeding up the reform of the wage system of state organs and institutions. The determination and adjustment of the minimum living expenses is conducive to giving full play to the functional role of macroeconomic regulation and control.

    It is also conducive to building a harmonious society.

    2. The calculation method is different

    The minimum wage standard is calculated as follows:

    Net operating income = operating income - operating expenses - depreciation of productive fixed assets - production tax +

    Net income from renting out housing, net income from renting out other assets and net dust from conversion of self-owned housing refers to rent, etc. Net property income does not include premium income from the transfer of ownership of assets.

    The formula for calculating net transfer income is: net transfer income = transfer income - transfer expenses.

    The formula for calculating the minimum cost of living is expressed as: real growth rate of per capita disposable income = (per capita disposable income in the reporting period per capita disposable income in the base period) Household consumption ** index -100%.

    3. Applicable groups of people are different

    The minimum wage system shall be applied to all workers whose main livelihood** is wages, and the minimum living expenses are applicable to residents who have not been re-employed during the period of receiving unemployment benefits or after the expiration of unemployment benefits, and whose per capita household income is lower than the minimum subsistence standard; The per capita household income of incumbents and laid-off workers is still lower than that of the subsistence allowance after receiving wages or minimum wages, basic living expenses, and retirees receiving pensions.

    Encyclopedia - Minimum Wage Standard.

    Encyclopedia - Minimum Living Guarantee.

  12. Anonymous users2024-01-28

    This question involves work-life trade-offs, and here's how I see it:

    1.If you focus only on wages, the cost may be high in the long run. Putting up with the unhappiness of the wheeled atmosphere or content of work simply for the sake of a higher wage can lead to reduced work stress and quality of life, as well as physical and mental health, and these costs may collectively outweigh the benefits of wages.

    2.However, for those with a stressful life, the importance of salary should not be underestimated. If the family is struggling to make ends meet, a higher wage is significant for reducing the burden of living, and it may be necessary to choose to obtain a higher income in the short term.

    But in the long run, it is still necessary to seek a work environment with a relatively balanced quality and income.

    3.Personal character and attitude are also key. Some people are more tolerant in personality and less sensitive to being angry or not, and can adapt to a certain amount of work pressure through personal adjustment.

    Some people lack the ability to cope with the pressure of the work environment, are very sensitive to anger, and the attractiveness of the salary cannot offset the unhappiness brought by the environment. This requires self-knowledge.

    4.It also depends on the nature and prospects of the work. If it is a job with good prospects for you and the opportunity to learn and grow, then a certain amount of anger is also acceptable, and a high income is only one of the factors.

    If you accept jobs with poor job prospects and developmental prospects simply for high wages, the consequences will be more serious in the long run.

    To sum up, my view is that choosing to work for a good salary is not a long-term solution. It is necessary to comprehensively consider the quality of the working environment, personal affordability, family livelihood pressure, and job prospects, and weigh the salary and cost.

    If salary is the only reason to stay in the job and all else is not ideal, it is not a good option in the long run.

    The ideal state is to find a job with a relative balance between the salary and the quality of the work environment. But in the process of finding balance, personal life needs also need to be considered, and choosing to be angry in the short term is not entirely bad, but it is important to set a schedule and find a better place to shoot. It's often not a wise choice to let your salary be the only reason to be offended.

    It is necessary to consider the balance between wages and quality of life in the general environment. Personal preferences and personality also need to play a role in these decisions.

  13. Anonymous users2024-01-27

    Young people shouldn't always be looking at salary, there are many other factors to consider.

    1. Don't choose a job that others think is a good job for the sake of comfort and stability.

    At present, there is a common misunderstanding in job hunting, that is, when many people choose a career, they often consider not the occupation itself, but many external factors, such as stability, security, and security, which may also be the reason why so many people want to work in state-owned enterprises.

    To a large extent, this is a manifestation of a person's lack of self-confidence and responsibility, and the desire for stability stems from the fear of taking risks. But no matter what kind of work you do, there are risks and responsibilities, and that's what you do in social work.

    Some people say: what kind of job to choose, what kind of life to choose. Therefore, determining life goals is a prerequisite for choosing a job.

    Start by asking yourself what kind of life you want to live. Choose a job, and if the job itself appeals to you, you will like the lifestyle and lifestyle that this job brings to you.

    2. Choosing a job depends on the added value it can bring to you, not just the salary.

    Of course, salary is a material condition that guarantees our standard of living, but this is only for the current situation. Will a higher salary provide security for the future? Of course, the answer is no, after all, a relatively high salary is limited, and it does not provide security for your future life.

    So, it is ability, not money, that guarantees your future standard of living. To be truly protected, we must not rely on saving money, but on increasing our capacity reserves. If your capacity reserve improves, even if you leave your position and company due to various changes, you can immediately find a new job and continue to secure your life in the new environment.

    In the end, you should choose who to do it with. In the face of marriage partners, everyone is basically a cautious choice, but in the face of the choice of work partners, the degree of attention seems to be far from enough. In fact, it is very important to choose who you want to work with.

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