13. Social Insurances for Chinese Employees *The base is employee’s average monthly salary of last year. Average social salary is announced annually by government. Min. base is 60% of the mean monthly average social salary of last year. Max. base is 300% of the mean monthly average social salary of last year. **2007 Average Social Salary of Shanghai is RMB2892/month. 2008 Min. base=2892 RMB 2008 Max. base=8676RMB 18% 44% 62% Sub-total 6 7% 7% 14% Housing Fund 5 0% 0.5% 0.5% Occupational Injury Insurance 4 2% 12% 14% Mandatory Medical Insurance 3 1% 2% 3% Unemployment Insurance 2 8% 22.50% 30.50% Pension Insurance (Maternity insurance included) 1 Remark Fee Ind. Fee Co 。 Breakdown (Employer contribution/ Employee contribution) Fee Rate Base* Item No. Basic PRC Employee Social Insurance and Housing Fund (Shanghai Domicile City Insurance)
14. Salary Facts Social Average Salary – the basis of social benefits 17.4% 2892 2007 10.2% 2464 2006 9.9% 2235 2005 2033 2004 Increasing Rate Shanghai Social Average Salary RMB/month Year
15. Salary Reference for Chinese Employees 71104 24948 74787 167007 IT Manager 8 61782 25045 55902 143704 Logistics Manager 7 63629 34538 65224 163148 Business Development Manager 6 52933 19639 49395 110551 Legal Supervisor 5 75,687 25,621 69,588 178,538 Manufacture Director 4 79,126 27,758 67,303 227,121 HR Director 3 85,872 29,942 88,588 286,148 Financial Director 2 110, 635 32,101 89,624 359,293 President (General Manager) 1 Average Low Level Middle level High Level Position No. RMB/year 2007 Salary Guideline for Full Time Employment Gross, excluding Social Benefits
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Editor's Notes
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