Proportion of social security payment in Shandong Province

Proportion of social security paid by companies and individuals

Medical insurance: 2% for individuals and 8% for units;

Endowment insurance: individual 8%, unit12%;

Unemployment insurance: individual 1%, unit 2%;

Industrial injury insurance: no individual, unit1%;

Maternity insurance: no individual, unit1%;

Work injury and maternity insurance expenses shall be borne by the unit.

Therefore, the individual social security contribution is only 1 1%, and the unit needs to bear 24%.

For example, if the salary is 6000 yuan per month, then the insurance premium to be paid is:

Medical insurance: 6000*2%= 120 yuan, unit 6000*8%=480 yuan;

Endowment insurance: 6000*8%=480 yuan, and the unit is 6000* 12%=720 yuan;

Unemployment insurance: 6000* 1%=60 yuan, unit 6000*2%= 120 yuan;

Work-related injury insurance: no individual, unit 6000* 1%=60 yuan;

Maternity insurance: no individual, unit 6000* 1%=60 yuan.

Social security contributions account for the first proportion of wages.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.