Human Resources Cost

   Wage Cost

In 2010, the average annual wage of workers in the cities and towns of Wuhan reached 39303 RMB, which presented strong competitiveness compared with other major cities.

 

   Social Security Cost

Enterprises and workers should get involved in social labor insurance and pay for related insurance fee according to relevant state, provincial and municipal regulations.

 

 

 

 

 

 

Wuhan

        

The total ratio of social security outlay paid by enterprises

The detail payment by enterprises on various social security terms

 

 

37.7%-38.2%

Retirement Insurance

20%

Unemployment Insurance

0.5-1%

Medical Insurance

8%

Industrial Injury Insurance

0.5%

Maternity Insurance

0.7%

Housing Accumulation Fund

8%