What's the difference between paying social security by yourself and paying by the company? Which is more cost-effective?

Social security is closely related to our daily life and will accompany many of us all our lives. For many friends who work in the company, they should be used to the social security deduction on the monthly payroll. But how should social security be paid to freelancers who have no fixed organization and individual merchants who do business by themselves? Have you ever heard of a person paying social security? Understand the social security of flexible employees. Also, do you know the difference between personal social security and company social security? Is it cost-effective to pay social security yourself?

The amount of social security paid by individuals and companies is different. The company pays social security. According to national regulations, 20% of the organization's contributions must go into the social security account, while individuals only need to pay 8%. But if individuals pay social security, then all of them will be paid by individuals, and they will pay more. The contribution rate is rising every year, so if individuals pay, the burden will increase every year.

The final income of individuals paying social security is different from that of units paying social security. Because there are many projects and money that organizations pay social security, they will get more money from social security after retirement. Individuals pay social security, because they pay less money, so they will get less money from social security in the end.

Institutions do not pay social security, and the way of subsidies can accept the previous analysis. It is definitely the most ideal to let the unit pay social security. First of all, you enjoy different insurance benefits. If you lose your job one day, you can receive unemployment benefits for at least a period of time. If you pay social security, you can only stare. Secondly, you can save some money. However, there are also many companies that just don't think about employees and just want to save costs.

When signing a labor contract, try to persuade employees to pay social security by themselves, and organizations can give some subsidies, such as 500 yuan. Some employees think it's okay. After all, the monthly subsidy is 500, and the deduction is more than 300, which adds up to 8900. However, this kind of pipeline is really uneconomical!

Conclusion In fact, no matter how to pay social security, how to get social security, these are small amounts. Paying that little social security fee will not make a person poor. Getting a little social security pension won't make a person rich.

The most important thing is to do your job well and increase your income. Make proper use of spare money to make good investment and financial management. Only in this way can we have greater autonomy in medical care and retirement.