Why is the social security payment base for employees of large state-owned enterprises high?
Why is the social security contribution base of large listed companies so high?In fact, the social security contribution base is determined by the employee's own salary. This is also a clear requirement after the 2019 social security individual income tax reform, on the one hand, the work unit requires, must be in strict accordance with their own salary as the basis for determining the social security base, if the employee's salary is lower than 60% of the local average social wage, then must be paid according to the minimum base of 60%, if the employee's salary is higher than 300% of the local social average wage, you must choose a higher base to pay social security. If the employee's salary is between 60% and 300%, the social security contribution base should be determined based on the employee's actual salary.
Then according to a relatively high base to pay social security, which shows that the wage income of the workers themselves is not low, but often this thing, in the vast majority of private enterprises is a luxury, we believe that the vast majority of private enterprise employees, their wage level is not less than 60% of the average social wage in this region, because if according to the average social wage of 60% To calculate the salary level in many areas, it is still more than 4,000 yuan, and I believe that many people's wages are far more than 4,000 yuan.
However, due to the private enterprise units, there is no strict implementation of the requirements of the social security tax reform, so that in the process of establishing a social security payment base for employees, they often participate in insurance according to the minimum standard of 60%, and this 60% has also formed a habit in the industry, the vast majority of private enterprise units are doing this, in this case, if there is no employee of the state-owned enterprise unit to compare, then everyone also feels normal!Because many people are a standard, the basic level of participation is not high.
But we all know that in the labor market, in addition to 80% of private enterprises, there are 20% of public-owned enterprises and enterprises directly affiliated with the first, although they account for a relatively small proportion, but their own employees participate in the social security payment base is very high, completely relying on their own actual wages to establish the social security payment base, so this has to be compared. Listed companies have a high social security payment base. In fact, I don't think this is to say how good the units of listed companies are, but it can only show that they have strictly fulfilled their relevant responsibilities and obligations, and they have not failed to consider the interests of employees. That's all.
But for the vast majority of private companies, even this most basic benefit does not protect workers. as a private economic unit. Most of them are owned by private shareholders or business owners, so in order to reduce labor costs, they choose the minimum standard of 60% when choosing the social security payment base, so that the pension enjoyed by retired employees in the future will become very low, so from an objective point of view, the social security payment base of employees of listed companies is high. But in essence, the social security payment base of listed companies is normal, while the social security payment base of private enterprises must be low.
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