Thank you for the opportunity to help you with your question!
Increased staffing leads to increase in the cost of social security premium .When employing a new employee the companies must not only count the wages of the employee but also the cost of the employer contribution to the social security fund .Thus government requirement of social security has a huge impact on employer's ability to adequately staff.Thus in this way we can say that it influences staffing.
Also,social security premiums may influence staffing because 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.
Please rate my answer so that I can help you further in the future.
Nov 6th, 2015
Did you know? You can earn $20 for every friend you invite to Studypool!