The 2014 Enterprise Wage Guideline for Guangdong Province was announced on 30 September, 2014. Based on the national policy concerning enterprises' salary distribution and the prediction of Guangdong social economy development, and also taking into consideration Guangdong economic development, materials price level, employment and other factors, the 2014 guideline is not a mandatory requirement and is simply for the reference by enterprises in Guangdong. The key points of the Guideline are as follows:
- The baseline for salary increase for enterprises in Guangdong is 9%;
- The ceiling for wage increase for enterprises in Guangdong is 14%; and
- The minimum increase for enterprise wages in Guangdong shall be 3%.