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Employee Benefits Required by Law
The legally required employee benefits constitute nearly a quarter of the benefits package that employers provide.
These benefits include employer contributions to Social Security, unemployment
insurance, and workers' compensation insurance. Altogether such benefits
represent about twenty-one and half percent of payroll costs.
Social Security is the federally administered insurance system. Under current federal laws, both employer and employee must pay into the system, and a certain percentage of the employee's salary is paid up to a maximum limit. …
- Comparison of Individual Right Indicated in the Bill of Rights and Constitution of Latvia
- Employee Benefits Required by Law
- Labour relations in Latvia
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