Decrypting Argentina's Labor Environment

With a mixture of emerging and booming economies, political uncertainty and extreme contrasts in business customs, the Americas can never be categorized as one homogeneous whole.

HR and payroll rules and regulations vary across jurisdictions, even among neighboring ones – and sometimes even within the country. Here we take a look at how HR & Payroll works in Argentina.

Social Security System

• Both employees and employers have to make contributions towards the cost of the health system, and to fund future retirement pensions for employees. The contributions on charge of employers are calculated at a rate of 23% of the gross salary paid, excepting entities with certain activities and high revenues, which are subject to a higher rate: 27%.