Has your business correctly identified the allowances that are not subject to mandatory social insurance contributions? CDLAF highlights the key regulations and the types of allowances employers should pay close attention to in order to ensure legal compliance and minimize risks when developing compensation policies.
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Key takeaways:
- Salary serving as the basis for mandatory social insurance contributions
- Summary of allowances excluded from the social insurance contribution base
- Performance / KPI / Sales allowances
- Increased ceiling for social insurance contributions
