How does the new company pay social security to its employees?

Steps for the new company to pay social security for employees:

1, open an account. Enterprises need to open accounts for social security and provident fund at the Social Security Bureau and the Provident Fund Center within 30 days from the date of establishment. After opening a social security account, you will get the social security registration certificate, and after opening a provident fund account, you will get the unit provident fund registration number.

2. Increase personnel. The company will add new employees to the company's five insurance and one gold account every month.

3. Confirm the payment base. The unit needs to declare the correct payment base of five insurances and one gold for employees every month to ensure the normal payment of five insurances and one gold. The payment base of five insurances and one gold is the average salary of employees in the previous year or the salary in the first month of employment.

4. Pay the fee. Enterprises, banks, social security/provident fund management institutions sign bank payment agreements, and directly deduct five insurances and one gold fee from the enterprise bank account at a fixed time every month. Of course, enterprises can also choose cash or check to pay at the site of the five insurance and one gold management institution.

Proportion of employees who pay social security in the new company:

1. Pension insurance contribution ratio: company contribution ratio:14%; Individual contribution ratio: 8%;

2. Medical insurance payment ratio: company payment ratio: 8%; Individual contribution ratio: 2%;

3. Unemployment insurance payment ratio: company payment ratio: 2%; Individual contribution ratio:1%;

4. Payment ratio of work-related injury insurance: the company's contribution ratio: the employer pays in full according to the work-related injury insurance rate of the unit;

5. Maternity insurance payment ratio: Company payment ratio: Based on the average monthly salary of employees in 2024, the company will pay in full at the rate of 0.8%.

To sum up, it is a necessary legal responsibility for the new company to pay social security for its employees, and it needs to be operated in accordance with the prescribed procedures and standards. Paying social security in compliance can not only protect the rights and interests of employees, but also benefit the stable development of the company.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 4

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Article 58

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.