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Interpretation of the Average Wage of Beijing Employment Workers in 2017

2018-06-21 10:39  

Recently, the Beijing Municipal Bureau of Statistics released the main data on the average wage of urban non-private units and urban private units in 2017, of which the average annual wage of employees in urban non-private units in the whole city was 131700 yuan, an increase of 11772 yuan over the previous year. The average annual wage of the employed personnel in the city's private sector was 70738 yuan, 4857 yuan more than the previous year, an increase of 7.4 percent over the previous year. First, economic stability and improvement will lay the foundation for wage growth in 2017. Beijing will adhere to the general tenor of "seeking progress in a steady and steady way", closely focus on the strategic orientation of the capital city, and firmly promote the supply of electricity for the city. To the side of structural reform, economic stability to maintain a good trend of development. Preliminary accounting, the region's GDP of 2.80004 trillion yuan, calculated at comparable prices, year-on-year growth of 6.7. The per capita GDP of the whole city increased to 129000 yuan from 118000 yuan in 2016. Economic stability in the good for wage growth laid the foundation. Second, the enterprise benefit and the relation between supply and demand are the important reasons that affect the change of wages. The efficiency of enterprise benefit is improving steadily, and to some extent it promotes the increase of the wage of the employed personnel. In terms of profit indicators, in 2017, the size of the service sector profit growth; The profit margin of the main business income of the industrial enterprises above the model is 9.8 percent, 1.7 percentage points higher than the previous year. The change of wages reflects the relationship between labor supply and labor demand, and the average wage directly reflects the price level of social human resources. The ratio of the number of people seeking (the ratio of the number of people in need to the number of job seekers) is higher than the same period last year. The survey also shows that companies generally increase their wages and benefits to recruit people who need them. Third, relevant policies provide strong support for wage growth in 2017. The minimum wage in our city has been raised from not less than 10.86 yuan per hour and 1890 yuan per month in 2016 to not less than 11.49 yuan per hour and 2000 yuan per month. Higher wages for low-income earners. The 2017 corporate wage guidance line, at 8.5, has maintained a relatively high growth rate, with a series of policies providing a guarantee for wage growth. 4. The average wage level is consistent with the adjustment of the economic structure. With the continuous promotion of the structural reform on the supply side, the industrial structure of our city has been continuously optimized, and the added value of the tertiary industry in 2017 has been realized at 2.25693 trillion yuan. This was an increase of 7.3 percent over the previous year, accounting for 80.6 percent of the GDP of the whole year, and an increase of 0.4 percentage points, in which the financial, information, and scientific and technological services contributed more than half of the city's economic growth. In terms of average wage levels, the five industries with the highest average wage levels are the financial industry, information transmission, software and information technology services, health and social work, culture, sports and entertainment. Both scientific research and technical service industry are the dominant industries in the tertiary industry, which indicates that the booming development of modern service industry brings about the improvement of the wage level of related industries. V. Intersectoral equality The average wage gap remained stable in 2017, although there was still a certain gap in the average wage of employees in different industries, but the gap did not change much. The ratio of the average wage of the highest sector to the lowest average wage in urban non-private units is 4.59: 1, and the ratio of the average wage of the highest sector in urban private units to the average wage of the lowest sector is 3.60: 1, compared with 4.60: 1 and 3.67: 1 in 2016. The gap narrowed slightly. It should be noted that the average wage includes the individual income tax withheld from personal wages, social insurance and housing provident fund contributions; however, For workers, the concept of wages is often after-tax wages, real wages. In addition, the average wage data reflect the average level of employed personnel in non-private and private units in the cities and towns of the whole city, due to different factors such as industry, affiliation, unit nature, economic benefits and the position in which the individual is located. The wage level is objectively different. As a result, everyone has different feelings about the average wage level and the increase.   

(source: Beijing Bureau of Statistics)