Employee compensation payable includes or excludes unit social security

The remuneration payable to employees includes unit social security.

The remuneration payable to employees includes: basic salary, bonus, allowance and subsidy of employees Employee welfare expenses Medical insurance premiums, pension insurance premiums, unemployment insurance premiums, work injury insurance premiums and maternity insurance premiums and other social insurance premiums Housing provident fund Labor union expenses and employee education expenses Non-monetary benefits Compensation due to the termination of the labor relationship Other expenditures related to the acquisition of employees' services Calculation of these expenses and their payments are an important part of human resources and financial management.

Components of remuneration payable to employees:

1. Basic salary: the fixed remuneration received by an employee on a monthly basis;

2. Performance bonus: remuneration of an incentive nature given to an employee based on his/her performance;

3. Allowances and subsidies: transportation subsidies, meal subsidies, etc., provided to an employee;

4. Social insurance premiums: pension, medical insurance, medical insurance, etc., paid by the organization for the employee;

5. employees to pay pension insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance, etc.;

5. Housing provident fund: the unit and the employees **** the same contribution, used for long-term savings for employees' housing consumption;

6. Bonus and dividend: additional rewards for employees according to the company's profit distribution policy;

7. Welfare expenses: including holiday benefits, birthday welfare and other employees' individual or collective welfare expenses.

In summary, employee compensation payable is a key part of the enterprise's human resources and financial management, covering basic salary, various types of bonuses and allowances, employee benefits, various social insurance costs, housing provident fund, trade unions and education funds, non-monetary benefits, and compensation for the termination of the labor relationship, etc., to ensure that employees get the compensation and benefits they deserve.

Legal basis:

Regulations on the Administration of Declaration and Payment of Social Insurance Premiums

Article 4

The employer shall make a declaration of payment of the premiums to the local social insurance agency on a monthly basis and within a specified period of time, and the matters to be declared shall include:

(1) name of the employer, organization code, address and contact information;

(2) bank of account, address, and contact information;

(3) the number of employees and the number of employees who have to pay the premiums. (ii) the employer's bank of account, account name and account number;

(iii) the employer's type of contribution insurance, contribution base, rate and amount of contribution;

(iv) the roster of employees and their contributions;

(v) other matters stipulated by the social insurance agency.

The Law of the People's Republic of China on Labor Contracts

Article 17

The labor contract shall have the following provisions: (1) the name, residence and legal representative or principal person in charge of the employing unit; (2) the worker's name, address and number of his or her resident's ID card or other valid ID document; (3) the duration of the labor contract; (4) the content of the work and the location of the work; (5) the working hours; and (6) the amount of contributions made by the worker. workplace; (e) working hours and rest and vacation; (f) labor remuneration; (g) social insurance; (h) labor protection, working conditions and protection against occupational hazards; and (i) other matters stipulated by laws and regulations that shall be included in the labor contract. In addition to the mandatory provisions stipulated in the preceding paragraph, the employer and the worker may agree on other matters such as probationary period, training, confidentiality, supplementary insurance and welfare benefits.

The Labor Law of the People's Republic of China

Article 72

The social insurance fund determines the source of funding according to the type of insurance, and gradually implements social coordination. Employers and workers must participate in social insurance and pay social insurance premiums in accordance with the law.