How is the payment base of Guangzhou social security determined?

The upper and lower limits of the annual social security payment base are mainly stipulated in 60%~300% of the average salary of the previous year. No matter how it is reported, the payment base cannot exceed such a fixed category.

If it is to pay employee social security, then the payment ratio of the five insurances is fixed. Employers and individuals should bear 14% and 8% pension insurance, 0.32% and 0.2% unemployment insurance and 5.5% and 2% medical insurance respectively. The remaining social security expenses shall be borne by the employer alone, including 0.85% maternity insurance, 0. 16% work injury insurance, 0.26% serious illness insurance and10.5% residual insurance.