How do individual industrial and commercial households pay five insurances and one gold to their employees?

Individual industrial and commercial households need to follow certain procedures and regulations to pay five insurances and one gold for employees to ensure that the rights and interests of employees are protected and meet the requirements of laws and regulations.

First, understand the five insurance and one gold system

Five insurances and one gold include endowment insurance, medical insurance, unemployment insurance, work injury insurance, maternity insurance and housing accumulation fund. Individual industrial and commercial households need to know the proportion, base and related policies of these insurance and provident funds in order to handle relevant procedures for employees.

Second, open a social security provident fund account

Individual industrial and commercial households need to open social security and provident fund accounts in the local social security bureau and provident fund center in order to pay related expenses for employees. To open an account, you need to provide the business license, tax registration certificate and other relevant documents of individual industrial and commercial households.

Third, sign labor contracts with employees.

When establishing labor relations with employees, individual industrial and commercial households need to sign labor contracts to clarify the rights and obligations of both parties. The contract should include the employee's salary, working hours, work contents, insurance and provident fund payment and other related contents.

Four, handle the social security and provident fund payment procedures.

Individual industrial and commercial households shall calculate the payable amount according to the employee's salary and social security provident fund policy, and pay it to the social security bureau and the provident fund center within the specified time. Individual industrial and commercial households can choose online or offline payment procedures to ensure timely and accurate payment.

5. Check the payment records regularly.

Individual industrial and commercial households should regularly check the payment records of social security and provident fund to ensure that the payment amount and payment time are accurate. If there are any omissions or mistakes, you should contact the Social Security Bureau and the Provident Fund Center in time to make up or correct them.

Intransitive verbs inform employees of relevant rights and interests.

Individual industrial and commercial households should regularly publicize the relevant policies and rights of the five insurance and one gold system to employees, so that employees can understand their rights and obligations, and at the same time, it is convenient for individual industrial and commercial households to manage the social security and provident fund payment of employees.

To sum up:

Individual industrial and commercial households need to follow certain procedures and regulations to pay five insurances and one fund for their employees, including understanding the system of five insurances and one fund, opening a social security provident fund account, signing a labor contract with employees, going through the payment procedures of social security and provident fund, regularly inquiring about payment records, and informing employees of relevant rights and interests. These steps help to protect the rights and interests of employees and meet the requirements of laws and regulations.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 10 stipulates:

Employees should participate in basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, and employers and employees should jointly pay basic old-age insurance, basic medical insurance and unemployment insurance.

Regulations on the administration of housing provident fund

Article 15 stipulates:

Units employing employees shall, within 30 days from the date of employment, go to the housing provident fund management center for deposit registration, and go through the formalities for the establishment or transfer of employee housing provident fund accounts.