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《大行报告》瑞信:美团(03690.HK)若为外卖骑手全面支付社保 料单位骑手成本将升10%
阿思达克 05-11 11:20
就南京市政府近日出台《关於规范新就业形态下餐饮网约配送员劳动用工的指导意见(试行)》,要求企业需为全职外卖骑手缴付社会保障金,瑞信发表报告表示,料南京市政府要求会成内地各地方政府「先例」,其他地区有可能跟随并作出要求,按美团(03690.HK)目前与外卖骑手属外判合约形式进行业务,并无支付任何社会保障金。

该行表示,若按最坏情境作出评估,即美团要为外卖骑手全面履行支付社会保障金,料单位骑手的成本将上升10%,该行认为美团可以通过优化骑手组合及透过削减补贴以减轻相关影响。据内媒报道,美团正在完善送餐佣金的机制,以提高透明度并缓解当前监管环境下的担忧。

瑞信表示,续喜爱美团的强大执行力,并对公司在内地服务领域的长期发展前景具信心,但於短期内,因内地反垄断调查的持续及社会保障金事件的潜在影响,可能会影响该行对美团的的估值看法。而瑞信维持美团「跑赢大市」评级及目标价410元。

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