Is it illegal for the company to have no social security?

Legal analysis: The specific compensation standard for violating the law is as follows: 1. If the labor contract is terminated on the grounds that the unit fails to pay social security in violation of the law, the economic compensation shall be paid to the employee according to the standard of paying one month's salary for each full year of work in the unit. Two, the employer shall be fined more than one time and less than three times the social insurance premium payable.

Legal basis: Article 47 of the Labor Contract Law of People's Republic of China (PRC) pays economic compensation to the laborer according to the standard of paying one month's salary for each full year. For more than six months but less than one year, it shall be counted as one year; If it is less than six months, economic compensation of half a month's salary shall be paid to the workers.

If the monthly salary of workers is three times higher than the average monthly salary of local workers announced by the people's government of the municipality directly under the central government or the city with districts where the employer is located, the standard for paying economic compensation to workers is three times the average monthly salary of workers, and the longest period for paying economic compensation to workers shall not exceed 12 years.

The monthly salary mentioned in this article refers to the average salary of workers in the twelve months before the dissolution or termination of the labor contract.