Sinopec’s official salary range: ordinary employees, including technicians, range from 5,000 to 8,000 yuan per month, and senior engineers earn tens of thousands of yuan per month.
China Petroleum & Chemical Corporation (English abbreviation Sinopec Group) is a large-scale petroleum and petrochemical enterprise group established by the state in July 1998 on the basis of the former China Petroleum & Chemical Corporation. It is a state-owned company established solely by the state. , state-authorized investment institutions and state-controlled companies. The company has a registered capital of 231.6 billion yuan, the chairman is the legal representative, and its headquarters is in Beijing.
The company exercises the rights of investors such as asset benefit, major decision-making and selection of managers for the relevant state-owned assets of its wholly-owned enterprises, holding enterprises and joint-stock enterprises, and operates, manages and supervises the state-owned assets in accordance with the law. And correspondingly bear the responsibility of maintaining and increasing value.
China Petrochemical Corporation, controlled by the company, issued H shares and A shares overseas and domestically in October 2000 and August 2001, and were listed in Hong Kong, New York, London and Shanghai respectively.
The company's main business scope includes:
Industrial investment and investment management; exploration, mining, storage and transportation (including pipeline transportation), sales and comprehensive utilization of oil and natural gas; coal production , sales, storage, and transportation; petroleum refining; refined oil storage, transportation, wholesale, and retail; production, sales, storage, and transportation of petrochemicals, natural gas chemicals, coal chemicals, and other chemical products.
Production, sales, storage, and transportation of new energy, geothermal and other energy products; exploration, design, consultation, construction, and installation of petroleum and petrochemical projects; maintenance and repair of petroleum and petrochemical equipment; R&D, manufacturing, and Sales; production and sales of electricity, steam, water and industrial gases.
Research, development, application, and consulting services for technology, e-commerce, information, and alternative energy products; self-operated and agency import and export of related goods and technologies; foreign project contracting, bidding and procurement, and labor export; international warehousing and logistics business, etc.
Extended information:
Measurement method of employee compensation:
1. General method
Enterprises should use accounting methods for employees to provide services to them. During the period, employee remuneration payable is recognized as a liability. Except for compensation due to the termination of the labor relationship with employees, the following situations should be dealt with according to the beneficiaries of services provided by employees:
1. Included in cost Employee compensation expenses
Employee compensation that should be borne by the production of products and provision of labor services should be included in relevant costs. Generally speaking, the salary portion of personnel engaged in production operations and labor services should be included in product costs or labor costs.
2. Employee salary expenses included in the value of assets
Employee salaries that should be borne by projects under construction and intangible assets should be included in the cost of construction fixed assets or intangible assets.
3. Various insurance premiums and housing provident funds included in expenses
Medical insurance premiums, pension insurance premiums, unemployment insurance premiums, work-related injury insurance premiums, and maternity insurance paid by the enterprise for employees Social insurance premiums and housing provident funds such as social insurance premiums and housing provident funds shall be calculated based on a certain proportion of total wages during the accounting period when employees provide services to them, and shall be recognized as current expenses.
2. "Three Funds"
1. Employee Welfare Fees
Employee welfare fees refer to the funds that the enterprise withdraws based on a certain proportion of wages specifically for employees. Funds for medical care, subsidies and other welfare undertakings. Chinese enterprises should determine employee welfare fees in each period based on 14% of total wages, and include them in the cost of relevant assets or recognize them as current expenses according to the beneficiaries of services provided by employees.
When accruing, it should be included in production costs or period expenses according to the nature of the occurrence. The accounting treatment for withdrawing employee welfare fees is as follows:
Debit: production costs, operating expenses, administrative expenses
Credit: welfare fees payable
2. Union funds
Train union funds are based on total wages, and the withdrawal ratio is 2, which should be included in administrative expenses when withdrawing.
The accounting treatment when withdrawing is as follows:
Debit: Management expenses
Credit: Other payables - trade union funds payable
3. Employee education funds
p>Employee education funds refer to the expenses paid by enterprises for employees to learn advanced technologies and improve their cultural level.
Employee education funds are based on total wages, and the accrual ratio is 8, which should be included in administrative expenses when withdrawing. The accounting treatment when withdrawing is as follows:
Debit: Management expenses
Credit: Other payables - employee education funds
3. Compensation accounting
If an enterprise terminates the labor relationship with its employees before the expiration of the employee's labor contract, or makes a proposal to provide compensation in order to encourage employees to voluntarily accept layoffs, and meets the following conditions, it shall confirm that compensation will be provided due to the termination of the labor relationship with the employee. The estimated liabilities generated will also be included in current expenses:
1. The enterprise has formulated a formal plan to terminate labor relations or put forward voluntary layoff proposals, which will be implemented soon. The plan or proposal should include the departments, positions and number of employees to be terminated or laid off; the amount of compensation for the termination or layoff determined by job category or position; and the time for the proposed termination or layoff.
2. Enterprises cannot unilaterally withdraw plans to terminate labor relations or propose layoffs.