By Yin Juquan, Zhang and Yuanhao. King & Wood Mallesons’ Commercial & Regulatory group.
Reduction of an employee’s salary is often a consequence of the employer’s decision to demote the employee for some reason. However, the employer should refrain from meting out a pay cut arbitrarily. Usually, lawful pay cuts occur in two circumstances – when both employer and employee agree on it, or when the employer enforces it by law.
Pay cut agreement between employer and employee
Remuneration is a necessary clause of an employment contract. Article 35 of the Labor Contract La… More…/更多
By LUO Ai and TANG Xiaojing King & Wood Mallesons’ Commercial & Regulatory group.
On November 28, 2016, the Ministry of Human Resources and Social Security (“MHRSS”) issued the Notice on Several Issues in the Transfer and Continuation of Basic Pension Insurance of Urban Enterprise Employees (the “Notice”) clarifying several issues arising from the implementation of the Interim Measures for the Transfer and Continuation of Basic Pension Insurance of Urban Enterprise Employees(the “Interim Measures”) since 2010.
Regulations on Urban Employees’ B… More…/更多
By Susan Ning, Han Wu, Yangdi Zhao King & Wood Mallesons’ Commercial & Regulatory group.
China’s national legislature on March 15, 2017 passed the General Provisions of the Civil Law (the “General Provisions”), the opening chapter of a civil code planned to be enacted in 2020. The General Provisions were adopted at the closing meeting of the annual session of the National People’s Congress (NPC), with 2,782 of the 2,838 deputies present voting in favor. It takes effect on Oct 1, 2017.
Article 111 of the General Provisions stipulates the rul… More…/更多