Shanghai’s Social Insurance System

December 5th, 2007  by China Business Success Stories

Shanghai's Social Insurance SystemLast night, I was on MSN chatting with my client, whose trading WFOE (Wholly Foreign Owned Enterprise) incorporation is being proceed by me currently. He hired a 21 year old assistant to assist him in daily affairs. My client sacked her a couple of days early, for her irresponsibility and laziness, and is seeking another assistant, so he asked me if I happened to know anybody. I introduced a girl who’s intending to quit her present job, and they seemed to have a good conversation on MSN later.

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Shanghai’s Social Insurance System

December 5th, 2007  by China Business Success Stories

By Vincent Cheung

Shanghai city insuranceLast night, I was on MSN chatting with my client, whose trading WFOE (Wholly Foreign Owned Enterprise) incorporation is being proceed by me currently. He hired a 21 year old assistant to assist him in daily affairs. My client sacked her a couple of days early, for her irresponsibility and laziness, and is seeking another assistant, so he asked me if I happened to know anybody. I introduced a girl who’s intending to quit her present job, and they seemed to have a good conversation on MSN later.

The girl was concerned with the mandatory social insurance thing. The problem is, since the trading WFOE is still under incorporation, she wants to know whether she can still get the five social insurances during the first several months before the trading WFOE is legally established. Well, I think it’s an issue between the employer and the employee, and I literally cannot help. So I just reminded my client about the different social insurance treatment against the local Shanghai people (who have Shanghai Hukou) and those non-local staff. Read the rest of “Shanghai’s Social Insurance System” or post a comment