| Item |
Standard and scale |
Payment method |
| Salary |
Wage rate is set out in accordance with the going rate in the local labor market for a given position/work/profession |
Money payment to individual employees |
| Welfare in service |
Implemented based on relevant national/provincial/municipal regulations as regards labor insurance and other social benefits provided for state-owned enterprises |
To be paid or disbursed by the employers |
| Old-age insurance |
20% of the total payroll is payable by the employer; 8% of personal income by employees |
Monthly payment by the employer to the QETDZ Social Insurance Management Center |
| Unemployment insurance |
2% of the total payroll for working employees is payable by the employer; 1% of personal income by employees |
Monthly payment to the QETDZ Unemployment Insurance Office |
| Healthcare insurance |
For working employees: 6.5% of the total payroll of the preceding year is payable by the employer, 2% of personal income by employees; for retirees: 6.5% of the total pension payment of the preceding year is payable by the employer, no payment is required on the part of the retirees |
Monthly payment to the QETDZ Social Insurance Management Center |
| Maternity insurance |
1% of the total payroll for working employees; no payment is required on the part of the employees |
Quarterly payment to the QETDZ Social Insurance Management Center |
Note: Minimum wage at the QETDZ is RMB750/month.