If the social security base in Yancheng, Jiangsu is 20,500 yuan, the monthly payment amount varies for different social insurance types. Here's a breakdown:
- Endowment Insurance:
- Company: Pays at a rate of 16% of the employee's salary. So for a base of 20,500 yuan, the company's contribution is yuan.×16%=
- Individual: Contributes 8% of their salary. Thus, the individual's payment is yuan.×8%=
- Medical Insurance:
- Company: The contribution rate is 6.5% (or as per adjusted standards). So the company pays yuan.×6.5%=1332.5
- Individual: Pays 2% of their salary, which amounts to yuan.×2%=
- Unemployment Insurance:
- Company: Pays at a rate of 0.5% of the employee's salary, so it's yuan.×0.5%=102.5
- Individual: Also pays 0.5% of their salary, which is yuan.×0.5%=102.5
- Maternity Insurance:
- Company: Bears the full cost at a rate of 0.7% of the employee's salary. So the payment is yuan.×0.7%=143.5
- Individual: Does not contribute.
- Work - related Injury Insurance:
- Company: Pays according to the unit's industry and risk level. The rate varies, but for reference, if we assume a rate of 1% (for example), the payment would be yuan.×1%=
- Individual: Does not contribute.
In total, the company's monthly social security payment for an employee with a base of 20,500 yuan is approximately
+1332.5+102.5+143.5+=5063.5
++102.5=2152.5
