Business and finance Help with a business question on Social Security premiums

Business & Finance
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Social Security premiums explain how it influences staffing.

Nov 6th, 2015

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Social security 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.


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Nov 6th, 2015

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