We know that the company will buy work-related injury insurance for employees when they work in the company. With work-related injury insurance, there will be a guarantee when an accident occurs. Then, how to pay the work injury insurance? Next, I will explain the relevant content for you, for your reference and learning, hoping to help you.
How to pay work injury insurance
The work injury insurance premium shall be paid by the employer and not by the employee. The employer takes the total wages of all employees of the unit as the payment base, and the payment rate of industrial injury insurance premium in this city is divided into three grades of 0.6%, 1.2% and 2.4% according to the industry risk degree. The payment rate shall be adjusted regularly according to the use of industrial injury insurance premium and the incidence of industrial injury.
The monthly average wage of all the employees of the employer in the previous year is the payment base, and the monthly average wage of the employees is calculated according to the monthly average wage income of the previous year.
If the total monthly average wage of the unit and the individual of the employee is lower than 60% of the average monthly wage of the employee of the city in the previous year, 60% of the average monthly wage of the employee of the city shall be taken as the payment base; the part higher than 30% of the average monthly wage of the employee of the city shall not be included in the payment base.
Through the above explanation, we can understand that if the work-related injury insurance is paid by the employer, it is not paid by individuals. I hope you can understand this. These are the relevant contents compiled for you. I hope they can help you.