Will you make up the money if you don't buy a social security company?

The company does not directly pay employees' wages.

First, the importance of social security.

Social security is an important part of the social security system, including pension insurance, medical insurance, unemployment insurance and many other aspects. It provides basic living security for workers, and it is also an important system established by the state to maintain social stability and promote economic development. Therefore, it is the obligation of every employee and the responsibility of the company to purchase social security.

Second, the provisions of the company and the labor contract

Different companies have different regulations on the purchase of social security. Some companies may take social security as part of employee benefits and pay social security fees in full or in part for employees. However, this does not mean that employees can choose not to buy social security and get cash compensation. In labor contracts, the rights and obligations of both parties are usually clearly defined, including the purchase of social security. If employees choose not to buy social security, they may have to bear the corresponding consequences, such as not enjoying social security benefits.

Third, the constraints of laws and regulations.

According to the Social Insurance Law of People's Republic of China (PRC), the employer shall register social insurance for employees and pay social insurance premiums in full and on time. This means that it is the company's obligation to buy social security for employees, and employees also have the right to ask the company to buy social security for them. If employees choose not to buy social security, the company will not give them money. On the contrary, if the company fails to purchase social security for its employees as required, it may face legal responsibility and punishment.

To sum up:

Whether the social security company will make up the money if it doesn't buy it mainly depends on the company's regulations, the content of the labor contract and relevant laws and regulations. In most cases, employees who choose not to buy social security will not get cash compensation from the company. On the contrary, employees may lose the protection of social security benefits and bear corresponding legal responsibilities. Therefore, employees are advised to fully understand the importance of social security, purchase social security on time and in full, and protect their rights and interests.

Legal basis:

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

Article 4 provides that:

Employers and individuals in People's Republic of China (PRC) pay social insurance premiums according to law, and have the right to inquire about payment records and personal rights records, and require social insurance agencies to provide social insurance consultation and other related services. Individuals enjoy social insurance benefits according to law and have the right to supervise the payment of their own units.

Article 58 provides that:

The employing unit shall, within 30 days from the date of employment, apply to the social insurance agency for social insurance registration for its employees. If the social insurance has not been registered, the social insurance agency shall verify the social insurance premium it should pay.