Five insurances and one gold refer to several kinds of security benefits provided to workers by employers, including endowment insurance, medical insurance, unemployment insurance, work injury insurance, maternity insurance and housing accumulation fund.

"On-the-job employees should pay the housing accumulation fund in accordance with the regulations." Housing accumulation fund is a "payable" project, which is legally necessary, and paying it also means an obligation.

The company with five insurances and one gold needs to bear part of it and deduct it directly from the company's bank account, and the employees also need to bear part of it and deduct it from the employee's salary. Because different places are different, taking Beijing as an example, we hire a product manager with a monthly salary of 1000 yuan, and the monthly social security and provident fund expenses are as follows:

In other words, for enterprises, in addition to the monthly salary of 10000 yuan, they also need to pay an additional 43 10 yuan for five insurances and one gold; For employees, the salary of 10000 yuan can only be obtained after deducting 2223 yuan for five insurances and one gold, and then deducting personal income tax, so the actual salary of employees is less than 7500 yuan.

Reference source: Baidu Encyclopedia? Five insurances and one gold? Web page link