Shenzhen is a very prosperous city. It is a first-tier city in Daming, going north to Guangzhou and Shenzhen. Even now UnionPay has the scale of a first-tier city. It can be said that 2000 yuan a month in Shenzhen can do nothing. Renting a house may cost more than 2000 yuan, so the minimum wage standard does not affect most ordinary people. If a person is in Shenzhen, it is difficult to live near the minimum wage line with this money. Social security that affects new employees and some low-income groups, such as workers and sanitation workers with little income in small cities, do not earn much in places like Beijing, Guangzhou and Shenzhen.
Because new employees in many companies pay five insurances and one gold according to the local minimum wage, it is a good thing to increase the payment of five insurances and one gold. Although employees deducted a little more money from their own side, the company also paid more according to it. For example, the personal deduction of the provident fund is 12%, and the unit deduction is 12%. The more individuals deduct, the more units make up. Although improving this a little bit won't have that big impact, it's a good thing to have more.
Moreover, the upward adjustment of the minimum wage standard means the development of the local economy, because the more developed a local economy is, the higher the minimum wage standard will be, and places like Beijing and Shanghai will definitely be much higher than those in ordinary second-tier cities or even 18 counties. Because this place consumes a lot, even spending a few hundred dollars more may not necessarily improve people's living standards, but at least spending a few hundred dollars more can make people's lives easier.