What does the social security contribution wage mean?

1, social security payment salary is the payment base we use when paying social security fees. Multiply the payment base by the payment rate to get the amount of money to be paid by the unit and the employees respectively. It can be seen that employers can pay less social security fees and save expenses by underreporting and concealing employees' wages, but employees' social security benefits in the future can be reduced accordingly.

2. Social security is linked to wages. Generally, the proportion of units and individuals is as follows: endowment insurance (20% for units and 8% for individuals), medical insurance (2% for units/kloc-0), unemployment insurance (0.2% for units/kloc-0) and maternity insurance (0.8% shall be borne by units).

3. Because the per capita income varies from place to place, the proportion of provinces and cities is different.