IV. Dedicated efforts made to aid businesses and stabilize employment

xvii. Firm implementation of the policy to return unemployment insurance

In 2020, Shanghai will continue to refund 50% of the total actual unemployment insurance premium paid by employers and their employees in the previous year to eligible employers without layoffs or reduced staffs.

xviii. Postponed adjustment of the social security payment base

Starting from 2020, the start and end dates that mark the year of the employee’s social security contribution (also for the employees’ medical insurance in Shanghai is adjusted to July 1st of the current year and June 30th of the following year, postponed by 3 months. (Employee's social security payment in 2019 will be extended to July 1st, 2020). 

xix. Extending payment period of employee’s social security.

Shanghai's social security scheme participating units, flexible employment personnel and the urban and rural residents who fail to complete the registration, payment of social security premium and other formalities on time, due to the epidemic impact, are allowed to reapply afterwards. If the insured units fail to pay to the social insurance pool on time, they will not be fined for delaying payment after filing with the local bureaus of Human Resources and Social Security in Shanghai, and the personnel credit record will not be affected, neither. Relevant procedures of payment can be completed within 3 months after the epidemic is over.

xx. Adoption of training fee subsidy  

For all kinds of enterprises in Shanghai affected by the epidemic, those who organize employees (including dispatched workers) to participate in various online vocational training during the operation suspension period are entitled to training subsidies of up to 95% of the actual training cost, provided by district-level additional special fund for education for enterprise employees. This also applies to platform enterprises (e-commerce companies) and new forms of businesses.

xxi. Reasonable reduction of employee’s medical insurance premium rate

In accordance with the status of the medical insurance fund income and expenditure, and under the premise of ensuring that medical insurance benefits of the insured does not compromise and the medical insurance system operates steadily, the payment rate for employee’s medical insurance is to be temporarily reduced by 0.5% in 2020.

xxii. Implementation of flexible employment 

Enterprises that have difficulties in production and operation affected by the epidemic are encouraged to secure jobs by adopting salary adjustment, work rotation, flexible working hours, and comprehensive reshuffle of days-off within the year. Specific approaches should be determined by companies through consultation with  employees.