Fusion Bahrain Payroll - Social Insurance Contributions Updated Effective May 2022
(Doc ID 2869690.1)
Last updated on MAY 17, 2022
Applies to:Oracle Fusion Global Payroll Cloud Service - Version 220.127.116.11.0 and later
Information in this document applies to any platform.
The Social Insurance Organization (SIO) has announced that effective as of 01-May-2022 the Social Insurance employers' contributions for Bahraini employers increases by 2%; as such, the applicable rate will be:
- for the Private sector: Employer's Basic Social Insurance rate: 11%
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