Dec 18, 2023 1 min read

The Kingdom of Bahrain – Social Security Contribution Rate

Article Navigation

Due to implementation of Law No. (14) of 2022, the Bahraini employer social security contribution rate will be increased by 1% effective from 1 January 2024.

The Bahraini employee social security contribution rate and unemployment insurance rate will remain unchanged at 7% and 1% respectively.

Below is the table explaining the contribution rate change:

YEAREMPLOYER'S SHAREEMPLOYEE'S SHAREEMPLOYEE'S UNEMPLOYMENT INSURANCE SHARETOTAL
Jan-2315%7%1%23%
Jan-2416%7%1%24%

Please contact your Mercans’ services delivery team for any additional information regarding the implications of the above change

Mercans Recommends

View PDF

The Kingdom of Bahrain - Social Security Contribution Rate
Size

775.78 KB

Article Navigation

Most viewed posts

View all posts

Mercans Named Leader in Payroll Transformation by Avasant

Avasant’s 2023–2024 RadarView™ names Mercans a top performer in payroll business process transformation, spotlighting our innovation, delivery capabilities, and global leadership.

Dec 22, 2023 4 min read

Global BPO Leader Infosys Selects Mercans’ Payroll Tech to Power i...

This partnership brings together Mercans' disruptive payroll tech and Infosys' consulting and BPO capabilities to create the most tech advanced and operationally resilient global payroll offering.

Sep 26, 2023 3 min read

Mercans: A Leader in Global Managed Payroll – ISG Provider Lens™ 2023

Payroll solutions and services study meticulously assessed 36 vendors across three distinct quadrants, and Mercans proudly emerged as a frontrunner.

Nov 9, 2023 2 min read