Job Recruitment Website - Social security inquiry - The difference between paying social security and not paying social security wages

The difference between paying social security and not paying social security wages

There is a certain relationship between wages and social security, and the basis for social security payment is linked to wages.

The proportion of companies and individuals paying five insurances is:

Units pay social security 20% (individual industrial and commercial households 12%), unemployment insurance 2%, medical insurance 6.4%, industrial injury insurance (0.5%-2% for enterprises and 0.4% for organs) and maternity insurance (0.8% for enterprises and 0.4% for organs).

Individuals pay social security: endowment insurance 8%, unemployment insurance 1%, medical insurance 2%. Individuals do not pay work-related injury insurance and maternity insurance.