Shanghai social insurance contribution base

The 2023 Shanghai social average wage is around 6,500 yuan.

The average salary of each industry is different and varies greatly. Among them, the average salary in the dairy industry is as high as 25,000 yuan, followed by cultural communication and heavy industry.

In terms of job salary, product manager has the highest job salary, followed by web front-end and project manager. According to a sample survey of the city's household income and expenditure conducted by the Shanghai Bureau of Statistics, the per capita disposable income of all residents in the city was 72,232 yuan in the previous year.

Shanghai social security base estimate in 2023:

Based on the average wage increase in Shanghai in previous years, the annual floating increase range is about 10%.

If next year remains unchanged at 10,338, it is presumed that the average 2023 Shanghai social security base estimate salary in 2023 will be around 11,372 yuan per month.

10338×10%+10338=11371.8≈11372

And this year's social security base is last year's average monthly wage of Shanghai workers, which would have been 11396.

If next year's base of 11396 is adjusted upward, the wage is likely to go up to more than 12,536 yuan per month.

11396×10%+11396=12535.6≈12536

Average Wage Calculation Formula:

Average Wage of Employee=Total Wages of All Employees Actually Paid in the Reporting Period/Average Number of All Employees in the Reporting Period.

The average wage is derived by dividing the total wages of the unit by the average number of employees during the year.

According to the current statistical system, total wages are the total amount of labor remuneration paid directly to all employees of the unit during a certain period of time, including hourly wages, piece-rate wages, bonuses, allowances and subsidies, overtime and overtime wages, and wages paid under special circumstances, regardless of whether or not they are included in the cost, and regardless of whether or not the payment is made in monetary form or in kind, they are all included.

At the same time, according to international practice, gross wages are counted as the individual's pre-tax salary and include the funds paid by the individual into his or her personal account for pensions, medical care, housing and so on.

According to the Announcement of Shanghai Municipal Bureau of Human Resources and Social Security on the Adjustment of Minimum Wage Standard in the City:

From April 1, 2019, the minimum wage standard will be adjusted. It is hereby notified as follows:

The monthly minimum wage is adjusted from RMB 2,420 to RMB 2,480. The following items are not part of the monthly minimum wage and will be paid separately by the employer:

1. Wages for extended working hours.

2. Mid- and night-shift allowances, summer high-temperature allowances and job allowances for special working environments such as toxic and harmful ones.

3. Meal allowance, transportation allowance to and from work, and housing allowance.

4. Individual social insurance premiums and housing provident fund paid in accordance with the law.