Social wages and social security base

Relationship between social security payment base and total wages: social security should be paid according to the actual income of employees. If the wages of employees are lower than 60% of the local social average wage, they shall be paid at 60% of the social average wage, and if they are higher than 300%, they shall be paid at 300% of the social average wage. If it is between the two, we should compare whether the average social wage is lower than or higher than 60% or 300% of the average social wage.

First, the base of social security contributions is based on the wages that workers should pay.

Two, wages should be paid to the workers themselves in the form of money, including basic wages, overtime wages, various subsidies, performance pay, etc.

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