What do you mean by the number of company participants?

The number of participants in the company means paying social insurance to employees. The number of insured refers to the total number of employees who participate in social insurance, that is, the enterprise has signed a labor contract with the employees. According to the insurance law, enterprises must sign labor contracts with employees, and enterprises pay social insurance for employees. A few enterprises are temporary employees or sign labor contracts, and do not need to pay social insurance.

What is social insurance?

Social insurance is a social and economic system, which aims to provide income or compensation for people who have lost their ability to work, are temporarily unemployed or suffer losses due to health reasons. The main items of social insurance include endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance.