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What is the meaning of the unit to the employee insurance contribution base
The contribution base for the insurance paid by the unit to the employee is also known as the social security contribution base, which is the basis for the proportional contribution of the insured. For a company, the contribution base is the total salary of all the company's employees; for an individual, the contribution base is the individual's monthly salary.
The social security contribution base, also called the social insurance contribution base, is the basis on which insured units and insured persons pay social insurance premiums. Social insurance contribution base x contribution ratio = social insurance premiums payable. Registered unemployed persons, rural workers who migrate to cities for work, and unemployed college graduates who participate in vocational training may apply for vocational training subsidies from the labor security department that approves the designated training institution, based on their participation in training and employment status.
References Social Security Contribution Base - Baidu Encyclopedia
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