Thank you for the opportunity to help you with your question!
premiums may influence staffing because when deciding if a new employee can be hired companies must not only
count the cost of the wages paid to the employee but also the cost of employer
contributions to the Social Security fund. At the same time certain jobs are not required to pay social
security. If one is an independent contractor and works from home, they will
pay the IRS money, but not social security. Thus Governmental requirements such as Social
Security have a huge impact on the employer’s ability to adequately staff.
Please let me know if you need any clarification. I'm always happy to answer your questions.
Nov 6th, 2015
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