Social security contributions are mandatory payments made by employers and employees to fund government programs like pensions, healthcare, and unemployment benefits.
Why Social Security Contributions Matter
Timely and accurate contributions are critical to employee benefit eligibility and company compliance. Failing to meet requirements can result in penalties, audits, and reduced employee satisfaction or trust.
How HSP Group Can Assist with Social Security Contributions
HSP Group ensures accurate calculation and remittance of social security contributions in line with local laws. Our Global Payroll Services cover all aspects of benefits administration.