How much does it cost to pay social security per year when working in a hotel in Beijing?

Generally speaking, for pension insurance: the unit contribution rate is 20, and the individual employee contribution rate is 8. Medical insurance: The unit payment rate is 8, and the individual employee payment rate is 2. Unemployment insurance: The unit contribution rate is 2, and the individual employee contribution rate is 1. Farmer contract workers do not pay. Work-related injury insurance: Based on the degree of industry risk, the unit's base rate is determined. The base rate is controlled between 0.5 and 2, and is adjusted regularly according to relevant circumstances. Individual employees do not pay. Maternity insurance: The unit payment rate is 0.8, and individual employees do not pay.

Calculation formula of social security

Calculation formula of how much social security payment is required per month: social security monthly payment base * social security payment ratio

Company social security payment amount calculation formula: The company’s social security payment base * the company’s social security payment ratio

Each city has different regulations on the social security base and ratio. You can consult the local social security bureau for details!