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    Who Has Gone Through Labor Shortage And Low Wages?

    2012/2/20 17:02:00 8

    Wage Shortage

    In recent days, Xinhua news agency, CCTV and other media reports have seen labor shortages.

    The phenomenon of labor shortage not only spread from the eastern coastal areas to inland areas, but also spread from skilled workers to ordinary workers.

    As for the cause of labor shortage, most people think that the wages of enterprises are too low.

    In fact, if we can think more deeply about the underlying causes of low wages, it will not only be right.

    Solve

    Labor shortage is beneficial to correcting some policy deviations.


    Admittedly, compared with the expected income of job seekers, the wage shortage is basically not high.

    From the current situation, in addition to some technical posts, most areas pay wages to migrant workers about 2000 yuan.

    If the wage level takes into account the high cost of living in the city, high intensity and long working hours, the actual income level of migrant workers is no higher than that of home farming.

    In addition, with the introduction of a series of preferential policies and the shift of industries, the relative benefits of going out for work are rapidly shrinking.


    The low wage "culprit" hat is buckled.

    enterprise

    It seems unfair to me.

    According to the general theory, the wage level of laborers depends mainly on the efficiency of enterprises.

    For example, if all sectors of the financial industry with the highest wage level do not consider monopoly factors, the efficiency of the financial sector will be quite high.

    The profits of commercial banks in China have maintained over 30% year-on-year growth for many years (see B43 version). Last year's profit margins even exceeded that of the tobacco industry.

    Correspondingly, the wage increase of their employees is also very amazing, which has become the best employment intention for job seekers, especially fresh graduates.

    Compared with the 80s of last century, the average salary and the bottom line of agriculture and forestry industry expanded from 1.6 times to 4 times.


    Correspondingly, China's most industrial enterprises, especially migrant workers, employ the largest number of manufacturing industries, but their overall profitability is worrying.

    China is already a big manufacturing country in the world, but at the end of the industrial chain, the profit margin is very low.

    According to the Ministry of commerce data, the average profit margin in China's exports is only about 2%.

    China is also the largest iron and steel country in the world. However, nearly 90% of the net profit margins of steel companies are less than 1%.

    The US Apple Corp has become one of the most valuable listed companies in the world with huge profits, but the profit margin of Chinese companies for Apple OEM is still less than 2%.


    In the case of low profit level, it is unrealistic to expect enterprises to raise their salaries substantially.

    In fact, in the distribution of national income, corporate income has been hovering around 20%.

    But after redistribution, the income of enterprises dropped to about 15%.

    This result shows that, like resident individuals, non monopoly enterprises are actually "weak" in the distribution of national income.


    This shows that low wages can not only complain about enterprises, but also from the perspective of policy deviation, to explore the root cause of the weak profitability of enterprises.

    This is also the recent central government's frequent statement, calling for fiscal policy and currency.

    Finance

    Policy and other aspects of the real economy, especially the private economy support reasons.


    The real economy, as the main front of absorbing labor force and the majority of labor-intensive processing enterprises, will inevitably become the decisive factor affecting the wages of workers.

    Therefore, in order to solve the problem of low wages and eliminate labor shortage, we should break the monopoly situation as soon as possible, create more and better market opportunities for the private economy, and revitalize the real economy.

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