Advantages and disadvantages of companies opening social security accounts.

Legal analysis: The advantages and disadvantages of opening a social security account are as follows: 1. The company opens a social security account, and employees' work injuries can be reimbursed through social security; 2. There is no harm for the company to open a social security account. Social security is a compulsory act of the state. The company will be punished if it does not open a social security account; 3. 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.

Legal basis: Article 4 of People's Republic of China (PRC) Social Insurance Law. 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.