Over the last 17 years, we have always paid social security payments for our staff instead of deducting from their salary. 

Just wondering if others do the same?

Edited September 9, 20224 yr by mr_lob

3 parties contribute: the government, employer and employee. 

Thailand introduces new rates for Social Security Fund contributions (belaws.com)

Why do you ask after 17 years?

Edited September 9, 20224 yr by FritsSikkink

It just means you pay a gross salary and your employees receive a net salary.

 

It's just another way of describing the same thing.

23 hours ago, FritsSikkink said:

3 parties contribute: the government, employer and employee. 

Thailand introduces new rates for Social Security Fund contributions (belaws.com)

Why do you ask after 17 years?

We have always paid the company contribution PLUS the employee's contribution, so they have nothing deducted from their salaries. Just wondered if other companies did the same?

3 hours ago, mr_lob said:

We have always paid the company contribution PLUS the employee's contribution, so they have nothing deducted from their salaries. Just wondered if other companies did the same?

We don't

8 hours ago, mr_lob said:

We have always paid the company contribution PLUS the employee's contribution, so they have nothing deducted from their salaries

What did you do with the savings from the reduced rate during COVID?

 

We’ve btw had a couple of employees who didn’t want to pay social security fund contribution.

Edited September 10, 20224 yr by lkn

On 9/10/2022 at 10:06 PM, lkn said:

We’ve btw had a couple of employees who didn’t want to pay social security fund contribution.

Why?

 

It would be foolish not to, IMHO.

On 9/10/2022 at 4:06 PM, lkn said:

What did you do with the savings from the reduced rate during COVID?

 

We’ve btw had a couple of employees who didn’t want to pay social security fund contribution.

Well, that saved our monthly outgoings of course. We were still operating at a loss but kept all staff employed