Employees - Contribution Rates
The Guide to Benefits booklet provides information on the wide range of benefits the NIS offers. Download it here or collect a copy from the NIS.
Introduction
Since January 1, 2005 the national insurance contribution rate was increased by 1%. This rate is being shared equally between yourself and your employer. Your employer pays 0.5% and the other 0.5% is deducted from your earnings and paid on your behalf.
Use the links below to see the current contribution rates for the following:
Related Links
TVET Council
International Labour Organisation
Barbados Workers’ Union
National Union of Public Workers
Barbados Union of Teachers