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CHINA FOREIGN INVESTMENTS POLICIES AND PREFERENCES
Employee Recruitment, Payroll, Insurance and Welfare
Employee Recruitment
As stated in LABOUR LAW OF PEOPLE’S REPUBLIC
OF CHINA and A REGULATION FOR EMPLOYMENT OF FOREIGN-CAPITAL
ENTERPRISES, foreign-capital enterprises have the right
to decide for their company structures and employment
needs as necessary of their operations. They also have
the right to recruit their own employees by applying
to a variety of legal agents including human resource
organizations, recruitment fairs and advertising on
the media. The recruitment of employees from foreign
countries, Hong Kong, Taiwan and Macao requires permission
and certificates from the labor office of the local
government.
Salary
Under A TEMPORARY REGULATION OF SALARY AND INCOME IN
THE FOREIGN-CAPITAL ENTERPRISES, the enterprise decides
the Salary system, salary level and bonus and stipends
in line with the national and local minimum salary standards.
The increase of the average salary of the employees
is based on the development of the enterprise. The company’s
annual return, productive rate and the prices index
of local consumer goods are the factors for the board
of directors or the enterprise to take into consideration
for the payroll.
Insurance and Beneficiaries
Foreign-capital enterprises are supposed to participate
in the social insurance systems of pension, unemployment,
medical care, injury and childbirth through regular
and adequate payment to the insurance agencies as required
by law. And also employees are supposed to pay the required
amount for their pension, medical care and unemployment
insurances. In addition to the insurances above, there
are housing fund, professional training, stipends and
legal holidays.
Working Hours
Foreign-capital enterprises implement China’s
current working hour system, 8 hours per day and 40
hours per week. With the permission from the labor bureau,
the enterprises can operate on a non-standard working
hour system, e.g. irregular working hours and the payment
on the total working hours, if the enterprises cannot
apply to the standard working hours as a result of the
production reason. |
