Job Recruitment Website - Social security inquiry - Calculation formula of social security payment base
Calculation formula of social security payment base
Social security payment base = total wages-social security exemption.
Among them, the total wage refers to the total wage income of employees in a certain period, including the sum of basic salary, performance bonus, allowance and overtime pay. The amount of social security exemption is stipulated according to local policies, and the part that exceeds this amount needs to pay social security. Social security policies vary from place to place, and the specific calculation method depends on local policies.
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