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What is wage fund management?
Wage fund management is also called "wage fund supervision". The state authorizes banks to supervise the payment of wages and wages in various units according to policies and national wage fund plans, which is an important part of cash management.

The management scope of wage fund includes the labor remuneration paid by each unit to employees and other wages paid according to relevant regulations. Whether it is included in the cost, whether it is included in the bonus tax project in accordance with state regulations, whether it is paid in monetary form, and whether it is included in the calculation range of total wages, it is subject to bank supervision and management.

The main targets of management are enterprises, institutions, organs and organizations owned by the whole people. All localities and departments should refer to the provisions of the Interim Measures for the Administration of Wage Funds and formulate corresponding measures for the administration of collectively-owned units in light of local conditions.