The minimum wage in Shanghai is five insurances and one gold.

In 2022, the minimum payment standard of Shanghai five insurances is: the pension insurance unit pays 22%, and the individual pays 8%; Medical insurance units pay 12%, and individuals pay 2%; Unemployment insurance unit pays 1.7% and individual pays1%; Work-related injury insurance units pay 0.5%, and individuals do not have to pay; Maternity insurance units pay 0.8%, and individuals do not have to pay.

Legal objectivity:

Article 58 of the Social Insurance Law, the employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay. Employees-free individual industrial and commercial households who voluntarily participate in social insurance, part-time employees who do not participate in social insurance in the employing unit and other flexible employees shall apply to the social insurance agency for social insurance registration. The state establishes a national unified personal social security number. Personal social security number is a citizen's identity number.