How does the company pay employees five insurances and one gold?

The company pays five insurances and one gold for employees as follows:

1. Open an enterprise social security account in the jurisdiction where the enterprise is located;

2. Transfer the social security relationship of the insured employees of this enterprise to the account of this enterprise;

3. Print the payment details in social security in the first month of social security payment, including employee's name, ID number, payment base and other information;

4. Handle the social security withholding formalities entrusted by the same city, and conduct it at the bank where the enterprise opens an account;

5. Submit the monthly increase or decrease table of social security insured personnel.

Give employees the advantage of five insurances and one gold;

1. Enhance employee satisfaction and loyalty: By paying five insurances and one gold for employees, the company can improve the welfare of employees and enhance their sense of identity and belonging to the company;

2. Attracting and retaining talents: As one of the important benefits that employees pay attention to, five insurances and one fund will help attract outstanding talents to join the company and reduce brain drain;

3. Abide by legal provisions and avoid legal risks: It is the legal obligation of the company to pay five insurances and one gold for employees according to law, which can avoid legal liabilities and economic losses caused by failure to pay according to regulations;

4. Promote corporate image and brand building: paying five insurances and one gold regularly will help to establish a good corporate image, enhance corporate social responsibility, and be conducive to brand building and long-term development;

5. Enhance employees' social security: Five insurances and one fund provide employees with basic social security, including pension, medical care, unemployment, work injury and maternity insurance and housing provident fund, to ensure employees' basic living needs and future planning.

To sum up, the company's process of paying five insurances and one gold for employees includes opening an enterprise social security account, transferring to the employee social security relationship, printing payment details, handling withholding procedures, and submitting an increase and decrease form. The advantages of this measure include improving employee satisfaction and loyalty, attracting and retaining talents, avoiding legal risks, promoting corporate image and brand building, and enhancing employees' social security. Through these measures, the company can improve the welfare of employees, enhance their sense of identity with the company, abide by laws and regulations, establish a good image, and provide basic social security for employees.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 61

Social insurance premium collection agencies shall collect social insurance premiums in full and on time according to law, and regularly inform employers and individuals of the payment.

Article 62

If the employer fails to declare the amount of social insurance premiums that should be paid according to the regulations, the amount that should be paid shall be determined according to 1 10% of the amount paid by the unit last month; After the payment unit completes the declaration procedures, the social insurance fee collection agency shall make settlement in accordance with the provisions.