A well-executed global social security strategy ensures compliance for the employer, while safeguarding the social security rights of the international assignees and their families.
HR and mobility teams must ensure that social security contributions are correctly calculated and paid on time to the right authority. This requires that the necessary certificates are in place and that the correct amount of social security is paid in home and host countries. In addition, it is important that the company’s assignment and tax policies are clear with regard to treatment of the social security position of assignees, to manage their expectations.
A well-executed global social security strategy ensures compliance for the employer, while safeguarding the social security rights of the international assignees and their families.