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How much does SAIC Volkswagen provident fund generally pay?
4% of the employee's salary. According to the official website of SAIC Volkswagen, according to the Regulations on the Management of Housing Provident Fund in People's Republic of China (PRC), the contribution ratio of provident fund is 8% of employees' wages, of which the contribution ratio of individuals is 4% of employees' wages, and the contribution ratio of employers is 4% of employees' wages. Therefore, the contribution ratio of SAIC Volkswagen Provident Fund is also implemented according to this standard. Employees themselves need to pay 4% of their wages, and employers need to pay 4% of their wages.
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