Is it reasonable for the company to pay social security according to the minimum wage standard?

Legal analysis: Whether it is reasonable for the company to pay social security according to the minimum wage standard depends on the situation. It is legal if the employer declares in accordance with the regulations. The labor administrative department can audit the social security payment of the unit, and if there are illegal acts, it shall be ordered to make corrections. Those who refuse to make corrections may be punished according to law.

Legal basis: Article 62 of the Social Insurance Law stipulates that if the employer fails to declare the amount of social insurance premiums that should be paid according to the regulations, the amount that should be paid shall be determined according to 1 10% of the amount paid by the employer last month; After the payment unit completes the declaration procedures, the social insurance fee collection agency shall make settlement in accordance with the provisions.