What would be the impact if construction sites were to implement monthly wage settlements for migran

Mondo Social Updated on 2024-02-23

China's construction industry has always had the problem of "arrears of wages" and "arrears of wages for migrant workers", which not only seriously affects the lives of migrant workers, but also has a negative impact on the development of construction enterprises. If construction sites can implement monthly wage settlement, it will have a profound impact on the construction industry and the entire social economy.

The rights and interests of migrant workers will be better protected.

The monthly wage settlement will make the income of migrant workers more stable and profitable, and help improve their quality of life. The current situation is that the temporary employment method adopted by many construction sites has led to the instability of migrant workers' income, and there are often wage arrears, which has seriously affected the lives of migrant workers.

If the monthly settlement is implemented, the wages of migrant workers can be fully cashed out on a monthly basis, and their planning for living expenses will be more reasonable, and they will save and spend more in a more targeted manner, so as to gradually improve their living conditions.

At the same time, the monthly salary is conducive to the accumulation of work experience of migrant workers as evidence of rights protection. At present, construction sites mostly use cash or lump sum payment of all wages, resulting in migrant workers not being able to obtain wage bills, and it is difficult for them to defend their rights once they encounter unpaid wages.

However, if the monthly settlement is implemented, migrant workers can get a wage slip as proof every month, and once there is a problem, they can use the wage slip to complain to the relevant departments to better protect their rights and interests.

The operation of construction enterprises will be more standardized.

The implementation of monthly salary settlement puts forward higher requirements for the management of construction enterprises, and it is necessary to adjust the internal management process, such as the financial department issuing a monthly salary schedule, and the human resources department establishing employee files. This will help to promote the improvement of the management level of construction enterprises, strengthen the internal control system, and make the operation of enterprises more standardized.

On the other hand, monthly salary settlement can help construction companies establish a good image. The current situation is that there is a negative impression of "arrears of migrant workers' wages" in the construction industry, and the implementation of monthly settlement can break this impression and enhance the credibility of enterprises. Migrant workers are also more loyal when they are protected, reduce unexcused absenteeism, and improve work efficiency.

Financial institutions will provide more diversified services.

Payroll monthly payments put forward new requirements for banks and third-party payment platforms, and service processes and product settings need to be adjusted accordingly. For example, banks can launch payroll accounts and set up special payroll functions; Third-party payment platforms can also develop payroll and management features. This can help construction companies to implement monthly payroll more conveniently and efficiently.

At the same time, financial institutions can also rely on the monthly wage data to understand the income status and needs of migrant workers, and provide more diversified financial services, such as consumer finance and small loans. This is of positive significance to meet the financial needs of migrant construction workers.

*Regulation will be more standardized.

The monthly wage pairing** regulatory system has introduced new requirements. For example, strengthen the financial supervision of construction enterprises, and verify whether enterprises pay wages in full every month; Establish a database of migrant workers' wage payment and payment to facilitate inquiry; Improve channels for migrant workers to protect their rights, and once they are found to be in arrears, they can be reported in a timely manner. This will help reduce the occurrence of non-payment of wages in the construction industry.

At the same time, it is necessary to establish a punishment mechanism for violations, and seriously deal with construction enterprises that are in arrears of migrant workers' wages, such as being included in the enterprise credit blacklist, suspending their business qualifications, etc., to strengthen the punishment. Only by strengthening supervision can we promote the construction enterprises to earnestly implement the monthly wage settlement system.

The construction industry will be more sustainable.

In the long run, monthly wage settlement is an important measure to promote the sustainable development of the construction industry. It can increase the enthusiasm of migrant workers, improve labor-management relations, reduce labor disputes, and help stabilize the construction business. At the same time, standardized enterprise operation is also more conducive to the improvement of the overall image of the industry.

Of course, the implementation of monthly settlement will also increase the short-term financial pressure of construction enterprises. However, this can be resolved by improving financial services, such as banks providing revolving loans, and payment platforms providing fund settlement services. As long as all parties work together, it is possible to ensure the working capital needs of construction enterprises while achieving monthly wage settlement.

In short, the implementation of monthly wage settlement at construction sites is an important measure to protect the rights and interests of migrant workers, standardize the operation of enterprises, and improve supervision. This requires the cooperation of enterprises, enterprises and financial institutions to jointly create a good institutional environment and ecosystem to promote the overall sustainable development of the construction industry.

Although there will be short-term costs associated with the implementation of monthly settlement, it can improve the health of the entire industry in the long run. This is an important embodiment of the progress of the construction industry, and it is also the due meaning of social civilization and harmony.

New Year's greetings from the south to the north and the north

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