Our social legislation contains many different incentives and supports aimed at increasing employment, reducing unemployment and boosting production and investment, targeting sectors, regions, R&D activities, the employment of people with disabilities, young people and women, and recipients of social assistance. Social security (SGK) incentives are an important source of support for employers, increasing their competitiveness in the market by reducing social security premium costs. In line with economic and social objectives, new and different incentives are regularly introduced, while existing ones may be updated and extended, or some may be discontinued. Keeping track of SGK incentive schemes has consequently become highly complex. It is therefore becoming difficult for companies to benefit from incentives in the right order and with the right planning, and incorrectly applied incentives can create an additional risk for the company. As the administrative fines imposed for calculation and application errors under social security legislation are also very high, companies wishing to benefit from incentives may wish to minimise the risk of error by obtaining professional support. At this point, in order to prevent your business from under-using SGK incentives and to avoid incorrect applications, we at Tenet:
- Regularly analyse your SGK incentives with the software we use and our expert team.
- Monitor your monthly social security premium transactions every month and thereby eliminate the risks you may face.
- Identify which of your current employees are entitled to benefit from incentives.
- Regularly monitor employee entries and exits and carry out the transactions required in the incentive process.
- Provide the information needed for the company to meet the conditions required of the insured person and the employer for potential incentives.
- Report to your business the incentives offering the highest cost advantage and the necessary technical information, based on our analyses.
- Ensure that insured employees are registered under the incentives identified.