Hire Employees in Shanghai
Hire & Manage Teams in Shanghai
Shanghai is a global center for finance, manufacturing and trade. It is the most populated city in China with a population of 26 million. Shanghai is home to some of China’s top talents, boasting highly educated citizens whom studied at top Chinese and overseas universities, most of whom are capable in English.
Oversea companies wishing to hire freelancers or employees in Shanghai can use HROne’s Employer of Record service to legally hire and provide Chinese benefits to their China-based team.
Employment made easy
1. Employees Onboarding
New employee signs private information authorization letter. HROne collects required material.
First payment (including deposit) invoiced & paid. HROne and new employee sign a labor contract.
New employee is loaded into the payroll system. Social insurance account, housing fund account & bank accounts are imported into system.
2. Monthly Processing
Communication of government policy changes (if any). Communication of payroll information and salary changes (if any).
Monthly invoice generated & settled. HROne transfers employee salaries & updates online payroll portal.
Social insurances, housing fund and income tax paid. Employee pay-slip and notification sent out.
3. Year End Processing
Work calendar for the coming year confirmed.
Annual salary report prepared, confirmed and reported to the government HR authorities.
New government policies briefed (if any).
A mandatory salary percentage contribution that employees and employers must contribute to. The pension fund contribution amount in China varies based on city of employment, but the employer generally pays a higher percentage.
China requires that all employers provide basic health insurance coverage for emergency situations. An employer cost of roughly 2% of the employee’s salary is due as health insurance payment.
• Medical insurance
• Work injury insurance
• Maternity leave
Employed Chinese citizens must also benefit from a housing fund contribution from their employer. To be used for housing purposes. The housing fund differs from other social securities as it is regarded as a personal fund rather than a pool fund.