Legal Analysis
The basic salary is the local minimum guaranteed wage base stipulated in the labor law. It is the amount that the company where the employee works should pay if he or she provides normal work within the legal working hours. Minimum labor remuneration. The basic salary does not include overtime wages, allowances for special working environments and conditions such as middle shift, night shift, high temperature, low temperature, underground, poisonous and harmful, etc., as well as workers’ insurance, welfare benefits stipulated in national laws, regulations and policies, and subsidized meals, Non-monetary income paid to workers such as housing, etc. Basic salary is the basic component of the salary received by workers. The wages are paid by the employer in accordance with the prescribed wage standards. Monthly salary, as the name implies, is the monthly salary, usually a fixed salary, which has been agreed upon by the enterprise or company. The basic salary is a guaranteed monthly or annual salary. The actual salary received in the end may be higher than the basic salary. Generally, a basic salary system is adopted for sales personnel.
Legal Basis
Article 46 of the "Labor Law of the People's Republic of China" Wage distribution should follow the principle of distribution according to work, and equal pay for equal work should be implemented. Wage levels gradually increase based on economic development. The state implements macro-control on total wages.