The wage payment guarantee of migrant workers refers to the guarantee that the guarantor pays the wages of migrant workers to the owners or contractors. Once the owner or contractor breaches the contract and fails to pay the wages of migrant workers in full and on time, the guarantor will pay them on his behalf (and then the guarantor will recover from the owner or contractor) to protect the legitimate rights and interests of migrant workers.

Wage guarantee for migrant workers is a guarantee law to prevent the payment of wages for migrant workers. It can guarantee the normal payment of migrant workers' wages in the form of third-party guarantee, and give priority to the creditor's rights arising from employment when the employer goes bankrupt, so that workers can get payment from the assets of the bankrupt employer before the non-priority creditors get their share. The contractor provides a guarantee through the company to ensure that the contractor pays the wages to the migrant workers on schedule and on time according to the requirements of the project unit. Can also provide guarantees according to the construction contracting enterprises. If the contractor fails to pay the wages of migrant workers on time, the guarantee company will pay the wages of migrant workers on his behalf.

Materials to be submitted for wage payment guarantee of migrant workers

The following materials are all copies provided, which need to be stamped with fresh seals.

1, the legal representative signed the Application for Wage Payment Guarantee for Migrant Workers and the resolution of the board of directors.

2. Brief introduction of the enterprise (with capital verification report and articles of association)

3. Copy of business license

4. Copy of tax registration certificate and organization code certificate.

5. Copy of legal person's ID card and resume

6. Copy of enterprise qualification certificate

7. Copies of certificates of all shareholders and project managers (development enterprises need copies of construction project planning permits)

8. Copy of bid-winning notice/construction contract of construction project

9 copies of the performance certificates and certificates of the enterprise in the past two years.

10, the financial statements of the enterprise in the last two years and the latest quarterly and monthly statements.

1 1, recent bank statement

12, copy of loan card

13, description of wage payment of migrant workers in recent two years (indicate whether there is any default behavior and payment form)

14, related collateral information

15. Relevant information required by other guarantee companies.