ESSC

(redirected from Employers' Social Security Contributions)
AcronymDefinition
ESSCÉcole de Soins et Santé Communautaire (French: School of Community Health and Care; Switzerland)
ESSCEarth System Science Center (various universities)
ESSCEnvironmental Systems Science Centre
ESSCElectronic Security Specialists & Cabling (Memphis, TN)
ESSCEuropean Society for Soil Conservation
ESSCEnvironmental Science for Social Change (Philippines)
ESSCElementary and Secondary School Counseling (California)
ESSCEarth System Science Community
ESSCEnglish Springer Spaniel Club (Great Britain)
ESSCEnglish Shetland Sheepdog Club
ESSCElectronic Security Specialists (Memphis, TN)
ESSCEarth System Sciences Committee
ESSCÉtoile Sportive de Saint-Cézaire (French sports club)
ESSCEmergency State Security Court (Egypt)
ESSCEuropean Space Sciences Committee
ESSCElementary Science Support Center
ESSCEmployers' Social Security Contributions (various locations)
ESSCEducation and Skills Select Committee (UK)
ESSCEdmonton Space & Science Centre
ESSCEducation Student Service Center
ESSCErasmus Student Service Center
ESSCElectronics Sustainment Support Center
ESSCEnterprising Service Solutions Company (Genicom)
ESSCElectro Slag Strip Cladding
ESSCElectronic Stability Control Coalition
ESSCElectronic Single Support Center
ESSCElectronic Services Steering Committee (IEEE)
ESSCEnhanced Services System Certification (Sprint PCS)
References in periodicals archive ?
He stressed the need for the IMF to review its strategy to reduce employers' social security contributions, which seriously limit the resources of the social protection system and negatively impact its sustainability.
Total labour costs consist mainly of wages and salaries (81%) and Employers' Social Security Contributions (18.4%).
Labour costs include wages and salaries and non-wage costs, such as employers' social security contributions. The share of non-wage costs in the whole economy was 23.7% in the EU27 and 26.1% in the eurozone, and ranged from 8.2% in Malta to 33.6% in France.
Measures included a reduction of 5% in employers' social security contributions and the ending of direct income support for farmers, instead offering them product price support.
In a primetime interview broadcast on six television channels, Sarkozy, who is expected to seek re-election in April, said the tax hike, which increases the higher VAT rate to 21.2 per cent, would help pay for a cut in employers' social security contributions.
The adjustment can be speeded up by keeping public sector wages at bay to encourage economy-wide wage restraint and shifting taxation from employers' social security contributions to consumption (and property) taxes.
The calculated labour income is liable to employees' Social Security Contributions and central government income surtax, as other wage income (the SSC rate is slightly higher for the self-employed, but on the other hand they do not pay employers' Social Security Contributions on the calculated labour income).
After deduction of employers' social security contributions (35 per cent), employees' social security contributions (13.07 per cent) and personal income tax (45 per cent, the most representative bracket) adjusted for surcharges (7.5 per cent on average for the local income tax, 1 per cent in 2002 for the additional crisis surcharge), the employee has 33.0 (33.0 = [100/1.35] * [1-0.1307] * [1-0.45(1.085)] "in the hand".
Inter alia, it provides for new "making-work-pay" measures to encourage part-time employment; reduced ceilings for the weekly overtime at the employers' discretion; increased premia for overtime; a scheme of working time annualisation while reducing the agreed workweek from 40 to 38 hours; and a 2 percentage points reduction of the employers' social security contributions for low-wage workers.
Government measures to increase demand for older workers, like cutting employers' social security contributions for them - with the size of the cuts possibly increasing with the age of the worker - may be acceptable as a second best policy only to the extent that inflexible seniority based wage scales cause a problem.
The law allowed a five-year reduction in employers' social security contributions [8] for any firm cutting its employees' working hours by at least 10 per cent.
Thanks to the global plan -- notably the reduction in employers' social security contributions -- the international competitive position of Belgium is expected to stabilise, and exporting firms should progressively reduce their losses of market shares and thus better benefit from the acceleration of international trade.
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