Employee benefits in Spain.

Learn about employee benefits in Spain thanks to Horizons’ up-to-date guide.

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Spain

Healthcare in Spain

Spanish healthcare is publicly funded, so you don’t need to offer private health insurance and most employers don’t, except for some high-level positions. Expats who live, work, and pay social security contributions in Spain are entitled to public healthcare access.

Pensions in Spain

Pensions in Spain are funded by both the employee and employer. Employees must contribute 4.7% of salary while employers must contribute 23.6%. Offering higher-than-mandatory pension contributions is a common benefit and a good way to attract the country’s top talent.

Disability in Spain

Spain has a range of laws to support people with disabilities. From the perspective of employers, the most important law requires employers to hire disabled workers at a rate of 2% of their total workforce, regardless of workforce size. There are some alternatives if this target can’t be met, for example, employers can subcontract disabled workers or donate to certain approved organizations.

Disability benefits are paid in the case of disability impacting an employee’s ability to work, with varying payments depending on the nature of the disability. This is covered by the country’s social security system.

Unemployment in Spain

Workers in Spain on indefinite-term contracts who are terminated are generally entitled to severance equaling around one month’s pay for every year worked, plus an extra month upon termination.

Unemployed people can also receive unemployment benefits, covered by the country’s social security system, if they have made social security contributions for at least 360 days.

FAQs

How much does it cost to hire with Horizons?

While costs vary based on the precise solutions you need, our competitive pricing is set at a fixed rate per employee. This means expansion costs are transparent, and clarifies the rate of return on your expansion.

Can I engage Horizons for hiring into several different countries?

Horizons offers global Professional Employer Organization (PEO) solutions for enterprises expanding overseas. This means that Horizons can act as the Employer of Record for your staff based overseas. As part of that service, Horizons processes and administers the payroll for your international workforce.

How do I choose a country for my global hiring?

Choosing a country for your global hiring requires comprehensive market analysis. This means looking at a range of considerations such as potential customer profiles, levels of competition, and the legal and tax implications of expansion. Only then can you form a reliable comparison between the potential markets in two different countries. For more information, read about our global expansion consultancy service.

Does Horizons also recruit staff in the chosen country of hiring?

Yes. As part of our global expansion solutions, we provide talent acquisition in your country of hiring. Using our extensive global network of business connections, as well as traditional recruitment methods, we ensure that you have the best people for your expanded enterprise.

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As a seed-stage, London-based startup, we were initially hesitant to expand internationally due to the administrative workload involved. Fortunately, we came across Horizons, who completely took the headache out of the process and allowed us to focus on what matters the most. We used horizons for their PEO services which meant that all payroll, legal and HR duties were taken care of completely for all the product and software engineering hires we've made in Germany.

I truly appreciated the thoroughness and the professionalism of Horizons personnel while going through the process of hiring internationally. When they spoke and commented, they spoke confidently and knowledgably on all subject matters pertaining to internal employee staffing.

On deciding to begin commercial activities in Asia Pacific in 2020, we needed a service provider to handle the employment and remuneration of our workforce. We contacted Horizons to help us, and the result was a fast, efficient and fit-for-purpose employment solution. They manage to combine in-country knowledge of regulations and business culture with local European support and coordination. I strongly recommend them as a trusted business partner.

I can confirm that the collaboration with the Horizons team is excellent. Both our local employee as well as our HQ in Germany are more than pleased with the support provided. We can highly recommend the Horizons PEO solution.

With our headquarters based in Belgium, we searched for a PEO that could provide us consultation and support regarding payroll in APAC region. Although we have only worked with Horizons for a few months now, we are pleased with their expertise and the fact that they are flexible, very responsive and easy accessible. They were able to begin providing the services we needed within the short deadline we were looking for.

Horizons has been very effective in providing our company support in all the administrative procedures, sometimes complex, required by the Singaporean administration.

Horizons’ team provided a superb service from start to finish, making a complex process a simple one. Everything was taken care of in an efficient and accurate manner, with quick communication whenever required. Highly recommended and would use again in the future if the need arises.