How to pay social security for the company is the most economical.

It is more cost-effective for the company to pay social security.

Proportion paid by social security units and individuals:

Endowment insurance: the unit pays 2 1% per month and 8% by itself;

Medical insurance: the unit pays 9% per month and 2% by itself;

Unemployment insurance: the unit pays 2% per month and pays1%by itself;

Work-related injury insurance: 0.5% per month, without paying a penny;

Maternity insurance: 0.8% per month, without paying a penny;

Social insurance refers to a non-profit social security system with income redistribution function, which is used by the state to prevent and force most social members to participate.

Social insurance is a social and economic system that provides income or compensation for those who lose their ability to work, are temporarily unemployed or suffer losses due to health reasons.

The social insurance plan is organized by the government, forcing a certain group to use part of its income as social insurance tax (fee) to form a social insurance fund. Under certain conditions, the insured can get fixed income or loss compensation from the fund. It is a redistribution system, and its goal is to ensure the reproduction of material and labor and social stability.

The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.