Do workers in cement plant of Datong Mining Bureau have five insurances and one gold?
This unit is a state-owned enterprise and must pay five insurances and one gold.
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 shall pay the housing provident fund in accordance with the regulations. As a payable item, housing accumulation fund should be legally necessary, and at the same time, payment also shows that it is an obligation.
The role of five insurances and one fund is becoming more and more important, which has become the basic condition for many enterprises to recruit talents.
In reality, the more developed areas, the higher the employees' attention to five insurances and one gold. Especially in first-tier cities, because it is linked to the qualification of buying a house and a car, five insurances and one gold have become an important criterion for finding a job.