How to calculate social security coefficient

Generally, the annual personal salary is the base of payment.

1. If the wages of employees are higher than 300% of the income level of local employees in the previous year, 300% of the income level of local employees in the previous year will be the payment amount;

2 employees' wages are lower than 60% of the local employees' annual income level, and the payment amount is 60% of the local employees' annual income level;

3. If the employee's salary is between 300% and 60%, apply on time. When the wages of employees are not clear, the payment base shall be determined according to the local average income of employees in the previous natural year published by the local labor administrative organ.

The above is the calculation method of social security coefficient.

social insurance base

Social insurance base, commonly known as social insurance base, refers to the social insurance payment base of employees in a social security year, and refers to the average monthly income of all wages of employees from the beginning to the end of a natural year. The base of social insurance payment is an important link in calculating social insurance premiums and social insurance wages paid by employers and employees. There are upper and lower limits, depending on the actual situation in each region. This paper mainly writes about how to calculate the social security coefficient, and the content is for reference only.