If you don't sign the contract and pay social security, how can the company compensate?

The company will not sign a contract, nor will it pay the following social security compensation:

First, don't sign a contract.

If the company doesn't sign a contract with its employees for more than one month, it needs to pay twice the compensation to the employees, and it needs to pay twice the compensation for eleven consecutive months. If the company establishes labor relations with employees and fails to sign a labor contract within one year, it is deemed to have signed an open-ended labor contract. At this time, as long as employees are qualified in insurance and abide by the law, the company cannot dismiss employees on the grounds that the contract expires. Really.

If an employee resigns for this reason, the company needs to compensate him financially. The amount of economic compensation depends on the length of time employees have been working, and one month's salary will be paid as compensation for each full year.

Second, do not pay social security.

If the company fails to pay social security for its employees, it needs to repay them at the first time. Otherwise, if the social security is not paid within the time limit, the company shall pay a fine to the social security department in addition to economic compensation to the employees, and the social security department has the right to collect a late payment fee at the rate of five ten thousandths per day. The economic compensation for employees is determined according to the working time of employees in the company, and one month's salary is needed as compensation for each year of work.

According to the corresponding laws and regulations, the employer must pay social security for employees, and employees have the right to supervise whether the employer has paid social security for them within 30 days of joining the company. If not, they can apply to the local labor insurance department for a labor ruling or a local court judgment, and then let the employer pay social security for them at one time. During this period, the social security department will conduct corresponding supervision to ensure that the employer has completed the payment of unpaid fees according to the ruling or judgment.