Why is there a phenomenon of social security deduction?

Generally, the social security of a company's employees is paid by both the company and the employees, and the fee will be deducted on a specific day of each month. However, there are also cases of withholding social security.

Why is there a phenomenon of social security deduction?

1, reasons of employees of the employer

Error in processing social security payable data by relevant staff. The amount of company withholding fee is inconsistent with the actual payable amount of social security, so it needs to be handled twice.

2. Reasons for the adjustment of social security policies

Sometimes, because of the social security payment base, due to policy changes, the payment rate has been adjusted and the difference needs to be made up.

Social security policies often change in stages, and the payment standards also change, rise or fall. However, if the time window for issuing policies and implementing adjustments is inconsistent with the actual payment time window, it is inevitable that secondary treatment will be needed, and more refunds will be made.

3. Reasons for employee's resignation settlement

In practice, it is sometimes necessary to make up the unsettled expenses such as social security due to reasons such as personal resignation settlement of employees.

4. Workers' personal reasons

In practice, there are also some cases caused by personal reasons of workers, for example, because workers did not provide personal information in time, did not participate in social security in the new unit in time, or because there were problems left over from the previous social security affairs in the unit and they were not handled completely. Later, if the payment is made, there will also be a phenomenon of supplementary deduction.

5. Financial reconciliation requirements

Friends who don't work in finance and Hr may ask, why not combine the amount of supplementary deduction with the amount of normal withholding this month, but list a separate supplementary deduction item for social security? This is because of the need of financial reconciliation. It is more convenient for financial friends to make accounts, reconcile and settle accounts if the amount of loans this month and the amount of remaining problems are listed separately. Financial accounts should be horizontal and vertical, and there should be no less points.

Only when the amount of the company's withholding fee is inconsistent with the actual amount of social security that should be paid, will the non-deducted part be supplemented or more deducted by social security supplementary deduction. It should be said that the unit withholding fee is consistent with the social security payable.

The above is why social security has been detained, and I hope it will help everyone.