Compartir
Secciones
Podcasts
Última Hora
Encuestas
Servicios
Plaza Libre
Efemérides
Cumpleaños
RSS
Horóscopos
Crucigrama
Más
Contáctanos
Sobre Diario Libre
Aviso Legal
Versión Impresa
versión impresa
Redes Sociales
Actualidad

Mipymes support Social Security

They represent 94.6% of employers who contribute, and have less than 50 employees

Expandir imagen
Mipymes support Social Security
SANTO DOMINGO. The micro, small and medium companies (Mipymes) are what sustain the Dominican Social Security System. According to information from the Social Security Treasury, 94.6% of the employers who contribute to the system belong to the sector and have less than 50 employees.

"Of these 90 some percent, 78% are micro companies," says Yuri Chez, the past president of the Dominican Confederation of Small and Medium Enterprise (Codopyme).

The salary received by 45.3% of the workers, as reported to the TSS, is less than RD $10,000. In Chez' opinion this is a consequence of the unequal distribution of wealth in this country.

"When the country grows, it grows in three, four, in six sectors. Many times it has grown in the communications sector, now in the mining part, at times in the industrial sector. Then, we have a level of companies that can pay a minimum salary and we have a level of companies that did not manage to reach the growth that was desired with another salary," says Chez.

This has brought with it that in the country there are different minimum salaries, with the highest one today a little more than RD $11,000.

In the database of the Unique System of Information and Collection (SUIR) there are 1,586,809 employees registered as of 31 August 2014, and 719,189 are in less than RD $10,000.

The most recent statistical bulletin of the TS S, with data of the system as of August of the present year, establishes 63,181 companies as active and registered.

The tendency that the greatest number of companies are Mipymes is worldwide, although with different classifications according to Chez. "Here the micro company is 15 employees; in a more developed country, more dynamic, a micro company could be at 100 employees. Both in Europe as well as Asia and the United States more than 90% of the companies are pymes," he added.

Chez explains that the majority of contributing businesses have fewer than 50 employees because the local economy is more directed towards consumption, instead of production. "What creates jobs is production," he says.

Although the percentage of Mipymes(the Spanish acronym for micro, small and medium companies) that pay into the Social Security support the system, some 54% of the companies in this sector still need to incorporate themselves and register, and therefore add more contributions. This is a consequence of the informality which is been going on for decades among reproductive entities.

"The mipymes are those that create the most important, but individually the big companies, when they have 5000 employees 200 employees 500 employees have more employees than a pyme," says Chez.

As of August 2014, the TSS had registered in the SUIR a total of 393 employers with more than 501 workers, distributed in the following manner: 211 with more than 501 employees and less than 1000; 167 with more than 1001 employees and less than 5000; and only 15 with more than 5000 employees.

The principal employers in the country are composed of public and private entities. The Ministry of Education for example has 130,205 employees as of June 2014, and the Ministry of Public Health 64,772.

In the private sector the Ramos Group is among the largest with 9672 workers, followed by Central Romana Corporation with 8971.

Chez says that if the remaining mipymes are formalized, the collections of the Social Security Treasury will double.

The numbers of the TSS establish that from January to August 2014 the income collected reached RD $45.5 billion, an increase of RD $5.7 billion, which means an additional growth of 14.2% in comparison with what was collected over the same period in 2013.

Employees by gender

Another report of the TSS, corresponding to the first half of 2014, reports that more than 662,000 of the contributors are female workers, who receive an average salary of RD $17,454.95. There are more men than women, with more than 845,000 men with an average salary that is slightly less: RD $17,101.18.