Long-term payment of enterprise social security benefits

Social insurance, referred to as "social security". It is a statutory insurance system enforced by the government through legislation, which uses insurance to deal with the specific social risks faced by workers and provide them with basic income protection when they temporarily or permanently lose their labor ability and income. Social security projects include: old-age insurance, maternity insurance, medical insurance, unemployment insurance and industrial injury insurance.

For enterprises that pay social security for a long time:

1. can free enterprises from complicated and trivial payment affairs and save personnel management costs.

2. Reduce potential legal risks.

Social insurance is compulsory, and paying social insurance according to law can provide legal protection for enterprises and avoid legal risks caused by failing to pay social insurance.

3. Make enterprises pay more attention to the core functions of personnel management such as selecting and employing people, performance appraisal and salary determination.

4. Bring benefits to employees, retain talents and make the company develop steadily.

5. Create benefits, assume social responsibilities, and solve the worries of employees.

legal ground

Article 2 of the Social Security Law The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, work injury insurance, unemployment insurance and maternity insurance to protect citizens' right to receive material assistance from the state and society in accordance with the law in case of old age, illness, work injury, unemployment and maternity.

Social Security Law Article 3 The social insurance system adheres to the principles of wide coverage, basic protection, multi-level and sustainability, and the level of social insurance should be commensurate with the level of economic and social development.