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#59  Dec 13, 2013    email version


Can overtime pay be replaced by project bonus?


How are the issues of overtime work dealt with in case of project tasks, especially when employee voluntarily performs multiple tasks? Can overtime pay be replaced by project bonus?

雇佣动态 / Employment Express
  • 三部委:企业年金计入个人账户时暂不缴纳所得税

    Three ministries: no income tax will be collected on enterprise annuity when included in personal account


    The Ministry of Finance, the Ministry of Human Resources and Social Security, and the State Administration of Taxation issued a notice recently, stating that the preferential policies concerning deferred income tax assessed on enterprise and occupational annuity will continue from Jan. 1st, 2014.

  • 深户人才申请公租房社保满1年可排队

    Talents with Shenzhen Registered Residence may queue for applying for public rental apartments after paying social security contribution for 1 year


    The Interim Regulation on Queuing for and Distribution of Public Rental Housing in Shenzhen was promulgated and implemented recently. The queuing will comply with the principle of talents first. The restriction in respect of the time for which social security contribution is paid by talents with Shenzhen Registered Residence for application for public rental housing is reduced from 3 to 1 year.

  • 广州新医保条例下月起实施

    Guangzhou's new health insurance regulation will be implemented from the next month

    从明年1月1日开始,广州将实施新版《广州市社会医疗保险条例》。职工医保最低缴费年限从10年延长到了15年。不过, 2013年12月31日前参保人员,最低缴费年限仍按原规定10年执行。

    From Jan. 1st of the next year, Guangzhou will begin to implement the new version of Guangzhou Social Health Insurance Regulation. The minimum number of years for which employee pays for his/her health insurance is extended from 10 to 15 years. However, for those employees participating in the insurance prior to Dec. 31st, 2013, the minimum number of years is still 10 years.

  • 北京租房提取公积金额或将收紧

    The amount of provident fund withdrawn for renting apartment may be reduced


    Beijing Provident Fund Management Center reveals that it is carrying out a research for modifying the policy regarding withdrawal of provident fund, and may adjust the amount of each withdrawal for renting apartment, for instance, from withdrawing one year's rental each time to withdrawing half a year's or a quarter's rental each time.

  • 深圳:医疗劳动纠纷可行政调解

    Shenzhen: medial and labor dispute may be settled through administrative mediation


    The Implementation Rules of Shenzhen for Administrative Mediation (trial version) was formally promulgated and implemented recently. From Dec. 1st, the medial and labor dispute arising in Shenzhen may be settled through administrative mediation.

  • 20%


    According to the Senior Management's Remuneration Index of Listed Companies in China 2013, the average remuneration of the senior management of domestic listed companies was 528.3 thousand yuan in 2008, and, in 2012, this figure was 636.1 thousand yuan, increasing by 20% in 5 years.

  • 100


    Based on an official survey in China Economic Quarterly, in 2013, there are 100 applicants for every 80 white collar jobs. Whereas the case is obviously different for blue collar jobs, in that there are 100 applicants for every 125 jobs.

  • 56%

    中国物流与采购联合会发布的最新数据显示, 11月份的中国非制造业商务活动指数为56%,环比下降0.3个百分点,但高于今年以来的平均水平,显示非制造业经营活动呈现高位趋稳的态势。

    The latest statistics issued by the China Federation of Logistics and Purchasing shows that the Non-Manufacturing PMI of China in November is 56%, dropping by 0.3%, but higher than the average level of this year, which shows that the business operation of non-manufacturing industry tend to become stable.

  • 69


    The British government announced recently that the age for British to receive pension will be extended to 68 during 2030s, which is 10 years earlier than the originally planned time. UK will further extend such age to 69 in 2040s.

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