2008-11-07 Beijing
Hu Xiaoyi, Vice Minister for Human Resources and Social Security, said at the China Social Security Forum that the Labor Contract Law should be strictly implemented. An economist recently pointed out that the new law may result in an increase in enterprises’ labor costs, which is not in the best interest of China’s economic growth.
2008-11-04 Hong Kong
A criminal gang was found to have stolen personal information of more than 120,000 citizens in Hong Kong. Two men were taken to the court for using the identity information to apply for four American Express credit cards, causing a loss of more than US$10,000 to the bank. The two defendants recently confessed to the crime and paid compensation to American Express.
2008-10-08 Beijing
Some enterprises in China complained that their labor costs increased significantly after the implementation of new Labor Contract Law. However, according to Zhong Weiping，director general of Fujian Provincial Department of Labor and Social Security, the Labor Contract Law has limited impact on enterprise cost. He attributed the increased labor cost to “indirect cost” and “cost of breaking the law”.
2008-09-28 Beijing
Because the regulations on termination of labor contract and salary for employees in probationary period only involve some employees, the implementation of the Labor Contract Law will have a limited impact on enterprises’ labor cost, said Qiu Xiaoping, director of the Labor Relations Bureau of the Ministry of Human Resources and Social Security of China.
2008-09-26 Beijing
A lawyer at laodongfa.com recently interpreted in detail the Regulations for the Implementation of the Labor Contract Law of China, which clarify questions in seven categories, including de facto labor relationship, open-ended contracts, terms of service, termination of a labor contract and labor dispatch. Open-ended contracts can also be terminated under some circumstances and the regulations enhance flexibility of both employers and employees in terminating labor contracts, according to the lawyer.
2008-09-25 Beijing
Chinese Premier Wen Jiabao recently signed the 535th Order of the State Council for the issuance of the Regulations for Implementation of the Labor Contract Law. Then The State Council Information Office of China held a press conference on the Regulations, at which an official at the Office explained the five provisions specified in the Regulations on the economic compensation system.
2008-09-23 Beijing
According to Yang Zhiming, deputy minister of China’s Ministry of Human Resources and Social Security (MOHRSS), the Labor Contract Law and implementation regulations have limited impact on enterprise cost. In addition to increased labor cost, factors such as price hike of raw material and energy sources, the appreciation of the yuan, and industrial upgrade can also lead to cost increase.
2008-09-22 Beijing
The Ministry of Human Resources and Social Security of China has issued Regulations for Implementation of the Labor Contract Law. The Regulations was formulated on three principles, namely consistency with the Labor Contract Law, harmony between laborers’ rights and enterprises’ interests, and the operability of the Labor Contract Law.
2008-09-22 Beijing
Following the implementation of Labor Contract Law in China from January 1, 2008, Implementation Regulations for Labor Contract Law was issued yesterday. According to the Regulations, the tenure of employees continuously working for a full ten years or more shall be continued rather than be re-calculated from zero even though they sign new employment contracts with employing units. In addition, every enterprise shall create an employee roster for checking, otherwise, they will be fined over 2,000 yuan to 20,000 yuan, as stipulated in the Regulations.
2008-09-16 Beijing
The implementation regulations for the labor contract law, a supplement and explanation to the Labor Contract Law, which has been implemented for nine months, is expected to be released within this month. The regulations will make minor changes to the relationship pattern between employers and employees. The draft listed 14 conditions where employers are allowed to terminate the open-end labor contracts with their employees. In addition, the regulations also add an article which listed the 13 conditions where employees can terminate the contracts.
