What is the company's social security base?

In fact, it should be calculated according to the actual salary as the payment base, which is the basis for the company to pay social security issues. The employing unit shall truthfully report to the local tax authorities the social insurance payment base of the insured employees in the next social security year according to the average monthly salary of the insured employees in the previous year. The social security payment base is fixed for one year and cannot be changed within one year. The calculation caliber of employee payment base should be strictly in accordance with the Provisions on the Composition of Total Wages issued by the National Bureau of Statistics in June 1990 1. The total wage consists of six parts: hourly wage, piece-rate wage, bonus, allowance and subsidy (except for travel allowance, missed meal allowance and one-child allowance), overtime wage and salary paid under special circumstances. The employing unit shall truthfully declare the average monthly salary of employees in the previous year. Newly insured employees (new employees of this unit, not employees who have never been insured) take the starting monthly salary as the payment base.

Legal objectivity:

Article 72 The sources of social insurance funds shall be determined according to the types of insurance, and social pooling shall be gradually implemented. Employers and workers must participate in social insurance and pay social insurance premiums according to law.