Employee Benefits in the United States of America (USA) 2021
Summary The US social security system covers more than 96% of the total workers employed in the US.The motive of providing employee benefits is to support the economic security of an individual by insuring against unsure events and to raise the standard of living by providing desired services.
Employee benefit programs also add to economic stability by helping to secure the population’s income and welfare, benefitting the economy as a whole.
The report provides in-depth industry analysis, information, and insights of the employee benefits in the US, including an overview of the state and compulsory benefits in the US, detailed information about the private benefits in the US, insights on various central institutions responsible for the administration of the different branches of social security and the regulatory framework of the employee benefits in the US.
The US social security system consists of four branches, which are supervised by various ministries -
- Social Security Administration
- Treasury Department
- Department of Health and Human Services
- Centers for Medicare and Medicaid Services
- Department of Labor
- State Workers’ Compensation Agencies
Scope This report provides a detailed analysis of employee benefits in the US -
- It offers a detailed analysis of the key government-sponsored employee benefits, along with private benefits
- It covers an exhaustive list of employee benefits, including retirement benefits, death in service, long-term disability benefits, medical benefits, workmen’s compensation insurance, maternity and paternity benefits, family benefits, unemployment, leave and private benefits
- It highlights the economic and regulatory situations relating to employee benefits in the US
Reasons to Buy - Make strategic decisions using in-depth information related to employee benefits in the country
- Assess employee benefits of the market, including state and compulsory benefits and private benefits
- Gain insights into the key employee benefit schemes offered by private employers in the country
- Gain insights into key organizations governing employee benefits market, and their impact on companies
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