What are the benefits and uses of the company paying social security?

The benefits and uses of the company's social security payment are mainly reflected in the following aspects:

1. Enhance corporate image: The company pays social security for employees, which reflects the company's responsibility and concern for employees and helps to enhance corporate image and reputation.

2. Reduce the risk of employment: social security payment is the company's obligation to abide by the national labor law, and it is also the company's protection of employees' rights and interests. Paying social security can reduce the company's employment risk and avoid labor disputes caused by failing to pay social security.

3. Improve employees' work enthusiasm: Social security payment can enable employees to enjoy better medical care, old-age care and other security, thus enhancing employees' work enthusiasm and satisfaction.

4. Reduce the financial burden of employees: The company can reduce the financial burden of employees by paying social security for them, especially for some employees with lower incomes, so that they can enjoy better medical care and old-age security.

5. Conforming to social responsibility: paying social security is the performance of the company to fulfill its social responsibility, and it also meets the requirements of social ethics and laws and regulations.

The significance of the company's payment of social security lies in the following aspects:

1. Protecting employees' rights and interests: The company pays social security for employees, which can provide medical care, pension, work injury and unemployment protection for employees, and ensure that employees can get timely help and support when they encounter difficulties.

2. Reduce enterprise risks: social security payment is the company's obligation to abide by the national labor law, and it is also the company's guarantee for employees' rights and interests. Paying social security can reduce the company's employment risk and avoid labor disputes caused by failing to pay social security.

3. Enhance corporate image: The company pays social security for employees, which reflects the company's responsibility and concern for employees and helps to enhance corporate image and reputation.

4. Promote social stability: The social security system is an important guarantee for social stability. Paying social security by companies can promote social stability and reduce social contradictions and unstable factors.

To sum up, it is of great significance for enterprises to pay social security to protect employees' rights and interests, reduce enterprise risks, enhance corporate image and promote social stability.

Legal basis:

People's Republic of China (PRC) social insurance law

Article 84

If the employer fails to apply for social insurance registration, the social insurance administrative department shall order it to make corrections within a time limit. If no correction is made within the time limit, the employer shall be fined between one and three times the amount of social insurance premiums payable, and the directly responsible person in charge and other directly responsible personnel shall be fined between 500 yuan and 3,000 yuan.

Article 85

If the employer refuses to issue a certificate of termination or dissolution of labor relations, it shall be handled in accordance with the provisions of the Labor Contract Law of People's Republic of China (PRC).