Share onus to resettle laid-off workers
Updated: 2016-03-22 07:48
By Wang Zeying(China Daily)
|
|||||||||
In case of enterprises that are likely to close down, they should terminate the labor contracts according to the law with employees who are close to the retirement age and ensure the resettlement funds are directed to them. As far as the workers are concerned, they could choose to get one-time monetary compensation, or receive basic living allowance from government-appointed organizations till they reach the retirement age. During this period, their basic living allowance, and pension and medical insurance premiums have to be paid by the government-appointed organizations using the enterprises' funds earmarked for the purpose.
Since enterprises play a big role in reducing overcapacity, they should offer monetary compensation to laid-off workers, and pay their due salaries and social insurance premiums as well.
Moreover, local governments should improve their tax and financial policies to help enterprises reduce overcapacity according to the central government's guideline. The local authorities, for example, could offer rewards to industries that are under huge pressure to resettle laid-off workers, in a bid to encourage enterprises to accomplish the task. And local governments are responsible for the resettlement of laid-off workers in respect of social security. The authority should encourage employees to join social insurance project, make sure they enjoy the benefit of social insurance including unemployment insurance and re-employment supportive policies, and guarantee the basic living of laid-off workers with financial difficulties.
The central government, too, has responsibilities to fulfill. It should establish special funds, for instance, to guide, support and reward those enterprises that reduce overcapacity through mergers and acquisitions, debt restructuring and bankruptcy liquidation.
The resettlement funds for laid-off workers are aimed at protecting workers' vital interests, and helping expedite reform and industrial restructuring. Therefore, the responsibilities of enterprises, the central government and local governments should be clearly demarcated, in order to prevent one party from passing the buck to another, motivate all parties involved to deliver results and raise funds for the resettlement of laid-off workers.
The author is deputy director of Social Security Research Institute, Ministry of Human Resources and Social Security.
- New sectors can create jobs for workers during overcapacity cuts
- China can tackle overcapacity with reform: expert
- China's steel industry strives to tackle overcapacity
- Jilin governor vows to cut overcapacity, boost growth
- Overcapacity cut as cooperation grows
- Minister: Cuts in overcapacity won't cause massive layoffs
- Overcapacity comes under the spotlight
- EU companies more willing to invest if overcapacity is reduced
- Quick steps called for to help cut overcapacity
- Global health entering new era: WHO chief
- Brazil's planning minister steps aside after recordings revelation
- Vietnam, US adopt joint statement on advancing comprehensive partnership
- European border closures 'inhumane': UN refugee agency
- Japan's foreign minister calls A-bombings extremely regrettable
- Fukushima impact unprecedented for oceans: US expert
- Stars of Lijiang River: Elderly brothers with white beards
- Wealthy Chinese children paying money to learn British manners
- Military-style wedding: Fighter jets, grooms in dashing uniforms
- Striking photos around the world: May 16 - May 22
- Robots help elderly in nursing home in east China
- Hanging in the air: Chongqing holds rescue drill
- 2.1-ton tofu finishes in two hours in central China
- Six things you may not know about Grain Buds
Most Viewed
Editor's Picks
Anti-graft campaign targets poverty relief |
Cherry blossom signal arrival of spring |
In pictures: Destroying fake and shoddy products |
China's southernmost city to plant 500,000 trees |
Cavers make rare finds in Guangxi expedition |
Cutting hair for Longtaitou Festival |
Today's Top News
Liang avoids jail in shooting death
China's finance minister addresses ratings downgrade
Duke alumni visit Chinese Embassy
Marriott unlikely to top Anbang offer for Starwood: Observers
Chinese biopharma debuts on Nasdaq
What ends Jeb Bush's White House hopes
Investigation for Nicolas's campaign
Will US-ASEAN meeting be good for region?
US Weekly
Geared to go |
The place to be |