theanalysisofchannelsandpossibility.docVIP

The Analysis of Channels and Possibility On Wage Data Collection in China Dinghong Yi (School of Labor Relations and Human Resource, Renmin University of China) ABSTRACT: The paper investigated the channels and possibility on wage data collection in China. There are many channels to collect wage information in current China. According to the classification of agents to collect wage information, there are government, consulting firms, relevant websites, academia, trade associations, magazines and newspapers. The most important agents among them are government, consulting firms and relevant websites. The wage information can’t satisfy the demand of China’s social and economic developments as a whole. The paper also reviews the availability of China’s wage information and their quality, and directs the ways of the future improvement of wage information collection in China. With the gradual normalization of the labor market in China, the wage, as the signal of labor cost, is playing an increasingly important part in the operation of the entire market. The government needs the wage data to formulate macroeconomic policy, and then adjust the labor supply and demand, protect the disadvantaged minority. The firms need the wage data to frame their compensation strategies, and then meet the need of human resource competition. The academic community needs the wage data to study the labor market and the relevant institution. Individuals also need the wage data in the decision of human capital investment. On the other hand, although the wage data available in today’s China can’t fully meet the above requirements, the integrity and depth of the wage data has been constantly improving. Nowadays, the salary investigation has become a prospecting industry, attracting more and more agent joining in the survey activity. The purpose of this paper is to try to summarize the acquisition channel of Chinese wage data information, and give a brief analysis and evaluation on these dat