Shanghai social security industrial injury rate industry

The Regulations on Work-related Injury Insurance stipulates that

The principle of determining the rate of "fixed income by expenditure and balance of payments" also stipulates that the industry differential rate and several rate grades (that is, floating rates) are determined according to the industrial injury risks of different industries, and the employer pays the fees according to the determined industry differential rate and industry rate grades. Taking Shanghai as an example, in order to reflect the characteristics of Shanghai, simplify management links, reduce the burden on employers, strengthen the safety responsibility of employers, and control the transfer of work-related injury risks, the Measures for the Implementation of Work-related Injury Insurance in Shanghai determines that "employers pay work-related injury insurance premiums at the basic rate, and employers with work-related injuries implement floating rates on the basis of the basic rate. That is, the employer pays the work-related injury insurance premium for the first year at the basic rate, which is 0.5% of the payment base. In the second year, the employer will implement a floating rate on the basis of the basic rate. The floating exchange rate is approved once a year.

The floating rate is determined according to the employer's use of work-related injury insurance premiums and the incidence of work-related accidents. The floating rate is divided into five grades, each of which is a payment.

0.5% of the base, the highest rate after the increase (basic rate plus floating rate) does not exceed 3% of the payment base, and the lowest rate after the step-by-step reduction is not lower than the basic rate. Individuals do not pay work-related injury insurance premiums.

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