The labor law stipulates the proportion of individual contributions of social security companies.

What is the proportion of individual contributions of social security companies stipulated in the labor law?

According to the Labor Law of People's Republic of China (PRC) and relevant laws and regulations, the individual contribution ratio of social security companies varies according to different insurance projects.

Specifically, the payment ratio of endowment insurance, medical insurance and unemployment insurance is calculated according to the salary base of employees. Among them, the pension insurance contribution rate is 12%, the medical insurance contribution rate is 2%, and the unemployment insurance contribution rate is 1%. Industrial injury insurance and maternity insurance are paid in full by the company.

It should be noted that the specific payment ratio may vary according to different regions and industries. For example, the payment ratio of industrial injury insurance and maternity insurance may be different in some areas. In addition, for some special industries or people, the government may formulate some special policies to stipulate the proportion of social security contributions.

In China, according to the Labor Law of People's Republic of China (PRC) and related laws and regulations, social security companies and individuals need to pay a certain fee to set up a social insurance fund to provide various guarantees for employees. Among them, the proportion paid by social security companies varies according to different insurance projects.

Endowment insurance, medical insurance and unemployment insurance are the most basic social insurance needs of employees, so the payment ratio of these insurances is calculated according to the salary base of employees. Specifically, the contribution rate of old-age insurance is 12%, that of medical insurance is 2%, and that of unemployment insurance is 1%. These proportions are calculated according to the employee's salary base. That is to say, if the employee's salary base is 5,000 yuan, the pension insurance premium they need to pay to the social security company is 600 yuan, the medical insurance premium is 100 yuan, and the unemployment insurance premium is 50 yuan.

In addition to the above three kinds of insurance, industrial injury insurance and maternity insurance are also social insurance that employees need. The expenses of these two insurances are paid by the company, and employees do not need to pay any fees. The specific payment ratio may vary according to different regions and industries, so you need to check the specific regulations of local or related industries.

To sum up:

According to the Labor Law of People's Republic of China (PRC) and relevant laws and regulations, the individual contribution ratio of social security companies varies according to different insurance projects. The payment proportion of endowment insurance, medical insurance and unemployment insurance is calculated according to the employee's salary base, and the industrial injury insurance and maternity insurance are paid in full by the company. The specific payment ratio may vary according to different regions and industries.