On 6 June 2014 the Beijing Municipal Human Resource and Social
Security Bureau and the Beijing Municipal Statistics Bureau
announced that the average monthly wage for 2013 was CNY 5,793.
This is an increase of 10.9 percent on the previous average monthly
wage of CNY 5,223 determined in 2012.
The 2013 average monthly wage will be used to set the following
caps on payment in respect of an employee:
Statutory economic compensation payable to an employee on
termination of employment (note: the new cap will be CNY 5,793
× 3 = CNY 17,379);
Contribution base of the statutory social insurance
Contribution base of the housing provident fund; and
Relevant entitlements (e.g., lump-sum subsidy for disability)
for an employee who suffers from a work-related injury or
Employers should take note of the increase in the cap for
calculating the above entitlements.
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This article provides information and comments on legal
issues and developments of interest. The foregoing is not a
comprehensive treatment of the subject matter covered and is not
intended to provide legal advice. Readers should seek specific
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discussed herein. Please also read the JSM legal publications
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