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How to set up automatic deduction for company social insurance
Legal basis: People's Republic of China (PRC) Labor Law.
Article 72 stipulates that employers and workers must participate in social insurance and pay social insurance premiums according to law. People's Republic of China (PRC) (China) Labor Contract Law
Article 38 stipulates that if the employer fails to pay social insurance premiums for employees according to law, employees may terminate their labor contracts.
Article 46 Where an employee is required to terminate the labor contract in accordance with the provisions of Article 38 of this Law, the employing unit shall pay economic compensation to the employee.
Article 47 stipulates that the economic compensation shall be paid according to the number of years the laborer has worked in the unit and the standard of paying one month's salary for each full year. For those who have spent more than six months but less than one year, and those who have spent six months in one year, they shall be paid economic compensation of half a month's salary. If the monthly salary of workers is three times higher than the average monthly salary of local workers announced by the people's government of the municipality directly under the central government or the city divided into districts where the employer is located, the standard for paying economic compensation to workers is three times the average monthly salary of workers, and the longest period for paying economic compensation to workers shall not exceed 12 years. The monthly salary mentioned in this article refers to the average salary of workers in the twelve months before the dissolution or termination of the labor contract.
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