Fusion Saudi Arabia Payroll - Social Insurance Contributions for Bahraini Nationals Updated Effective May 2022
(Doc ID 2870052.1)
Last updated on MAY 18, 2022
Applies to:Oracle Fusion Global Payroll Cloud Service - Version 184.108.40.206.0 and later
Information in this document applies to any platform.
The Bahrain Social Insurance Organization (SIO) has announced that effective as of 01-May-2022 the Social Insurance employers' contributions for Bahraini nationals in the private sector increases by 2%;
as such, the applicable rate for Bahraini nationals working in Saudi Arabia will be:
- Employer's Basic Social Insurance rate: 11%
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document