Which is more cost-effective to pay employee social security or flexible employment social security?

Whether it is cost-effective to pay employee social security by yourself or flexible employment social security needs to be judged according to your specific situation and local policies.

1, the proportion of social security payment for flexible employment is 8% for medical insurance and 20% for endowment insurance;

The payment base is between 60% and 300% of the local average wage, and the insured can choose the payment base independently;

2. After flexible employees become employees of the company, they can convert social security into employee insurance and enjoy more comprehensive social security;

3. Freelancers, as flexible employees, pay social security and get material help when they are old and sick;

4. The social security of flexible employees belongs to the same old-age insurance as that of on-the-job employees, and they can be freely transferred to work units to continue to pay.

Types and characteristics of social security:

1, Features of employee social security: It is usually paid by both employers and employees, covering five basic insurances: pension, medical care, unemployment, work injury and maternity;

2. Social security features of flexible employment: it is applicable to flexible employees such as freelancers and individual industrial and commercial households, and is paid in full by individuals. Some areas may not include work-related injury and maternity insurance;

3. Difference in payment base: the payment base of employee social security is usually linked to employee wages, while the payment base of flexible employment social security may have minimum and maximum restrictions;

4. Differences in treatment: employees' social security benefits are usually comprehensive, especially work-related injury and maternity insurance;

5. Policy differences: Different regions have different policy support and treatment for employee social security and flexible employment social security.

To sum up, the cost-effectiveness of paying employee social security and flexible employment social security needs to be judged according to personal circumstances and local policies. The proportion and base of social security contributions for flexible employees can be chosen by individuals. After becoming a company employee, you can enjoy more comprehensive protection and get material help in the case of old age and illness. In addition, the social security of flexible employees and the social security of on-the-job employees belong to the same old-age insurance, and they can be freely transferred to work units to continue to pay. Therefore, it is more important to choose the appropriate social security method according to individual needs and circumstances.

Legal basis:

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

Article 10

Employees shall participate in the basic old-age insurance, and the employer and employees shall jointly pay the basic old-age insurance premium. Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employer and other flexible employees can participate in the basic old-age insurance, and individuals pay the basic old-age insurance premium. The measures for the endowment insurance of civil servants and staff managed by reference to the Civil Service Law shall be formulated by the State Council.