The period following Chinese New Year is the peak season for job hunting. Workers who are preparing for a job change are reminded to check whether their new employer has arranged labor insurance (employment insurance) enrollment for him/her on the initial day of employment in order to avoid the loss of insurance rights and benefits. Each year, the period after the conclusion of Chinese Lunar New Year is a hot season for career movements, and many salaried workers see it as a moment to start exploring new employment opportunities or career tracks. The Bureau of Labor Insurance reminds all job hunters that, in addition to considering salary and benefits packages, special attention should also be paid to the integrity of the labor insurance (employment insurance) policies of the new employer. It is crucial to check whether the company has completed labor insurance (employment insurance) enrollment on the initial day of employment so as to safeguard one’s rights and benefits.
The Bureau of Labor Insurance further stresses that, according to the Labor Insurance Act, compulsory participation in labor insurance is required for employers hiring five or more employees. Employers with fewer than five employees, though not subject to compulsory participation, may voluntarily arrange labor insurance enrollment for their employees. They may alternatively arrange employment insurance for their employees, which is a mandatory participation stipulated in the Employment Insurance Act. The insured unit should complete and submit the labor insurance (employment insurance) enrollment forms for their employees on the day of employment to the Bureau of Labor Insurance. The insurance coverage shall take effect on the day enrollment forms are mailed out or the day on which they arrive at the office of the Bureau of Labor Insurance (the original postmark, as dated by the post office, shall prevail for forms sent by mail).
If any insured unit is verified by the Bureau of Labor Insurance as having failed to complete the insurance enrollment for their employees by the initial day of employment, it shall be subject to a fine pursuant to relevant regulations. Insurance coverage shall become valid the day after the application is filed. The insured unit shall be responsible for relevant compensation if any loss is suffered by the employee due to a delay or failure by the insured unit to arrange the insurance enrollment.