Wages refer to the remuneration paid to employees in the form of currency by employers or statutory employers in accordance with legal provisions, industry regulations, or agreements with employees.
Wages can be calculated in different forms such as hourly salary, monthly salary, annual salary, etc. In China, the following expenses borne by the employer or paid to employees are not wages: (1) Social insurance fees; (2) Labor protection fees; (3) Welfare fees; (4) One-time compensation paid when the labor relationship is terminated expenses; (5) family planning expenses; (6) other expenses that are not wages.
In political economy, wages are essentially the value or price of labor power. Wages are an important part of production costs. The legal minimum wage is called the minimum wage, and wages can also be divided into various categories such as pre-tax wages, after-tax wages, and bonus wages.
So let’s take a psychological stress test together to see through the wage crisis to combat your professional stress.
