(MENAFN) Local authorities declared on Wednesday, June 23, Shanghai will augment its legal minimum wage from 2,480 yuan (about USD383) to 2,590 yuan per month from July 1, taking it to one of the highest levels in the country.
According to the municipal human resources and social security department, the hourly minimum income will augment from 22 yuan to 23 yuan.
The minimum wage eliminates social security costs, accommodation payments and overtime pays.
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