What are the advantages and disadvantages of enterprises opening social security accounts and provident fund accounts?

The advantages and disadvantages of enterprises opening social security accounts of social security companies are as follows:

The company opens a social security account, and employees' work injuries can be reimbursed through social security;

There is no graft in the company's social security account. Social security is a compulsory act of the state. If the company does not open a social security account, it will be punished.

After the company opens a social security account, it is also an advantage for the company to recruit employees. Now most employees will give priority to companies that pay five insurances.