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Does Shanggao Peak Shoe Factory also have to pay five social insurances and one housing fund?
Not necessarily.
Generally, regular factory workers are provided with five insurances and one fund, not four insurances and one fund. Some are provided with six insurances and one fund. With six insurances and two funds, this is a relatively good company. If you are a temporary worker, you only have commercial insurance, which is accident insurance. There is no other insurance. It depends on the type of work you do and whether you are a temporary worker or a regular worker.
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