Why does the company have to buy social security?

1. This is stipulated by the national social security regulations and the labor contract law that employers must purchase social security for employees. According to Article 38 of the Labor Contract Law, if the employer fails to purchase social security for its employees, it is a serious fault of the employer, and the employees can leave their jobs immediately without the consent of the company and ask for financial compensation.

2, talk about the role of social security:

Social security generally includes pension, medical care, work injury, unemployment and maternity.

Among them, after purchasing 15 years, you can enjoy the pension when you reach retirement age, that is, the pension;

Medical treatment, when hospitalized due to illness, at least 70% of medical expenses can be reimbursed;

Work injury, in case of work injury, social security can compensate you according to regulations. Individuals can say that they don't have to pay a penny, but if they don't buy it, the company will delay the compensation for work-related injuries by means, and employees will be more troublesome;

When giving birth, the social security society will give birth allowance, which varies according to whether the birth is natural or difficult. The standards in each region are different, and the need to see a doctor due to postpartum illness can be used to reimburse expenses.

Therefore, buying social security is actually a kind of protection for individuals, especially for old-age care and medical care.

Most importantly, I suggest you buy it. In fact, companies that buy social security for employees generally have good wages and benefits, and now the country will soon be connected to the national social security network. I hope I can help you. thank you

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.