What does company social security mean?

It is the social insurance premium paid by enterprises for employees.

First, the significance of corporate social security

The establishment of the company's social security system aims to provide basic social security for employees and ensure that employees can get certain financial support when facing various risks. By paying social insurance premiums, employees can get corresponding insurance benefits or subsidies in cases of retirement, illness and unemployment. , thus reducing the economic burden and ensuring the basic life. At the same time, the social security system also helps to improve the enthusiasm and satisfaction of employees and enhance the cohesion and competitiveness of enterprises.

Second, the company's social security payment method

The company's social security payment method is usually paid by the enterprise according to a certain proportion of the employee's salary, and the employee also needs to bear part of the expenses. The specific proportion and amount of payment will vary according to national policies and regional differences. Enterprises need to pay social insurance premiums in full and on time in accordance with relevant regulations to ensure that employees' rights and interests are protected.

Iii. Types of social security of the company

Company social security usually includes endowment insurance, medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. These types of insurance are designed to comprehensively cover all kinds of risks that employees may face and ensure that employees can get corresponding protection under different circumstances.

1. Old-age insurance: provide employees with living security after retirement and ensure that employees can maintain a certain standard of living when they are old.

2. Medical insurance: provide medical expenses reimbursement and subsidies for employees to reduce the economic pressure of employees when they are sick.

3. Unemployment insurance: provide employees with basic living security during unemployment and help them tide over the difficulties of unemployment.

4. Work-related injury insurance: provide medical and economic protection for employees who suffer from accidental injuries or occupational diseases at work.

5. Maternity insurance: provide medical care and allowances for female employees during childbirth to protect maternal and child health.

To sum up:

Company social security is the social insurance premium paid by enterprises for employees, aiming at providing basic social security for employees. By paying social insurance, employees can get financial support in the face of various risks and guarantee their basic living. Enterprises need to pay social insurance premiums in full and on time in accordance with relevant regulations to ensure that employees' rights and interests are protected. At the same time, employees also need to understand the relevant contents of the social security system and actively safeguard their rights and interests.

Legal basis:

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

Article 10 stipulates:

Employees should participate in basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, and employers and employees should pay basic old-age insurance, basic medical insurance and unemployment insurance in accordance with state regulations.

People's Republic of China (PRC) labor contract law

Article 72 provides that:

Employers and workers must participate in social insurance and pay social insurance premiums according to law.