71 reports

Employee Benefits in Ukraine 2021 Summary Following its declaration of independence, Ukraine initiated socio-economic reforms and initiated the national social security system.The system is divided into Compulsory State Social insurance, which is funded by employee and employer contributions, and...

  • Insurance
  • Pension
  • Medical Benefit
  • Liability Insurance
  • Ukraine
  • Employment Income
  • Employment Rate

Employee Benefits in Mexico, 2022 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis Summary Mexico’s social security system was introduced on December 31, 1942, with effect from January 19, 1943, and has since evolved in terms of scope and coverage.The Mexican...

  • Pension
  • Medical Benefit
  • Mexico
  • Employment Income
  • Life Insurance Claims

Employee Benefits in Russia 2021 Summary Russia underwent major economic and political change following the collapse of the Soviet Union in 1991. During this two-decade transition period, several changes were made to the country’s social security system, including the development of private employee...

  • Insurance
  • Pension
  • Medical Benefit
  • Life Insurance
  • Russia
  • Employment Income
  • Life Insurance Claims

Employee Benefits in France, 2022 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis Summary The French social security system is comprehensive.It covers a wide variety of benefits such as healthcare, workmen’s compensation insurance, family allowances, old-age...

  • Insurance
  • Pension
  • Public Health
  • Medical Benefit
  • France
  • Employment Income
  • Labour Utilisation

Employee Benefits in Mexico 2021 Summary Mexico’s social security system was introduced in 1942 and has since evolved in terms of scope and coverage.The Mexican Social Security Institute (IMSS) and the Institute for Security and Social Services for Government Workers (ISSSTE) are the governing...

  • Pension
  • Insurance
  • Medical Benefit
  • Mexico
  • Employment Income
  • Life Insurance Claims

Employee Benefits in Portugal, 2022 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis Summary The Portuguese social security system is based on universality; it ensures that the social protection provided by the system is available for everyone.It consists...

  • Pension
  • Medical Benefit
  • Portugal
  • Employment Income
  • Life Insurance Claims

Employee Benefits in Switzerland 2021 Summary The Swiss social security system comprises various forms of social insurance, which aim to protect both people living and working in Switzerland and their dependents. It is organized federally, and social security responsibilities are divided between...

  • Pension
  • Insurance
  • Medical Benefit
  • Switzerland
  • Employment Income
  • Number Of Employees

Employee Benefits in Portugal 2021 Summary The Portuguese social security system is based on universality; it ensures that the social protection provided by the system is available for everyone.It consists of the Public Social Security System, the Social Action System, and the Supplementary System. The...

  • Pension
  • Portugal
  • Employment Income
  • Early Retirement

Employee Benefits in Estonia 2021 Summary Estonia has a well-developed social security system that covers the risks of employees, self-employed persons and their family members.The Estonian social protection system includes pension, health, and unemployment insurance. Pension and health...

  • Pension
  • Insurance
  • Medical Benefit
  • Estonia
  • Employment Income
  • Life Insurance Claims

Employee Benefits in Colombia, 2021 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis Summary Colombia has a basic social security system with low coverage and participation.The country’s social insurance system was initially introduced for public sector employee...

  • Pension
  • Insurance
  • Medical Benefit
  • Colombia
  • Employment Income
  • Number Of Employees

Employee Benefits in Australia 2021 Summary Australia has one of the most developed and well-established welfare systems.To ensure decent living conditions for its citizens, the Australian government operates various welfare schemes. The main outgoing expenditures of the Australian government...

  • Pension
  • Insurance
  • Medical Benefit
  • Australia
  • Life Insurance Claims
  • Employment Income

Employee Benefits in the United Arab Emirates (UAE) 2021 Summary The United Arab Emirates (UAE) has undergone a huge transformation following the discovery of oil in the 1950s, going from a poor region to a contemporary state with a high standard of living.The country, however, only provides social...

  • Medical Benefit
  • United Arab Emirates
  • Employment Income
  • Labour Utilisation

Employee Benefits in France 2021 Summary The French social security system is comprehensive.It covers a wide variety of benefits such as healthcare, workmen’s compensation insurance, family allowances, old-age pensions, disability pensions, and death benefits. Though the contribution...

  • Pension
  • Public Health
  • Medical Benefit
  • France
  • Employment Income
  • Labour Utilisation

Employee Benefits in Denmark 2021 Summary Denmark is one of the few countries in the world that adjusted well to the challenge of providing an established social security system and a flexible labor market for its citizens.It was one of the first countries to adopt a multi-pillar pension system,...

  • Pension
  • Insurance
  • Medical Benefit
  • Denmark
  • Early Retirement
  • Employment Income

Employee Benefits in Malaysia, 2022 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis Summary The Malaysian Social Security System is based on two pillars: The Employees Provident Fund (EPF) and the Social Insurance System.Pensions in Malaysia are covered by...

  • Insurance
  • Pension
  • Medical Benefit
  • Malaysia
  • Employment Income
  • Number Of Employees

Employee Benefits in the Philippines 2022 - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis Summary The Philippines is seen as one of Asia’s most socially progressive countries, because of its commitment to providing citizens with secured livelihoods; the Philippine...

  • Insurance
  • Pension
  • Medical Benefit
  • Philippines
  • Employment Income
  • Life Insurance Claims

Employee Benefits in Liechtenstein, 2021 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis Summary The principality of Liechtenstein’s social security system covers all persons residing or working in the country.State pensions, corporate or company pensions...

  • Insurance
  • Pension
  • Medical Benefit
  • Liechtenstein
  • Employment Income
  • Number Of Employees

Employee Benefits in Israel 2021 Summary Israel has a well-established social security system that provides a series of means-tested benefits and grants to people who require financial assistance.The system encompasses income-transfer programs administered by the National Insurance Institute and...

  • Pension
  • Israel
  • Employment Income
  • Number Of Employees

Employee Benefits in Venezuela 2021 Summary The Venezuelan social security system was established in 1940 and was later amended in 1966, 1989, 1991, and 2002.It is based on solidarity and the redistribution of funds, and not on individual capitalization. It is governed by the Venezuelan Institute...

  • Insurance
  • Pension
  • Medical Benefit
  • Public Health
  • Venezuela
  • Employment Income
  • Labour Utilisation

Employee Benefits in Cyprus 2021 Summary The social security system in Cyprus is comprehensive and covers all gainfully employed and self-employed people.The state, employers, and employees are the main participants in the social security system. The system has evolved and changed significantly...

  • Insurance
  • Pension
  • Public Health Insurance
  • Medical Benefit
  • Cyprus
  • Number Of Employees
  • Employment Income

Employee Benefits in Finland 2021 Summary Finland has one of the most developed and well-established welfare systems in the Nordic region.In order to facilitate its citizens with decent living conditions, the Finnish government provides various welfare schemes, including social insurance for sickness,...

  • Pension
  • Medical Benefit
  • Finland
  • Number Of Employees
  • Employment Income

Employee Benefits in Chile 2021 Summary Chile has a well-developed social security system.Both companies and employees equally contribute to social security schemes. Employees must primarily contribute to nine statutory social security organizations: the statutory health insurance fund, the...

  • Pension
  • Medical Benefit
  • Chile
  • Employment Income
  • Number Of Employees

Employee Benefits in Peru 2021 Summary The social security system in Peru is still undergoing significant change, with low social security contributions due to the informal nature of the labor market as most of the workers are self-employed and lack of information and valuation within the system.In...

  • Pension
  • Medical Benefit
  • Peru
  • Employment Income
  • Number Of Employees

Employee Benefits in Canada 2021 Summary The Canadian social security system covers various programs, many of which are run by the country’s provinces and territories.In general, benefits are similar across all provinces and territories; however, Quebec implements its pension plan. The...

  • Pension
  • Canada
  • Life Insurance Claims
  • Unemployment Rate

Employee Benefits in Romania 2021 Summary Romania has a well-established social security system.In order to provide its citizens with decent living conditions, the Romanian government provides various social security schemes in close association with private institutions. The Romanian pension...

  • Insurance
  • Pension
  • Health Insurance
  • Medical Benefit
  • Life Insurance
  • Romania
  • Employment Income
  • Life Insurance Claims

Employee Benefits in Bulgaria 2021 Summary The National Social Security Institute (NSSI) is responsible for managing all the social security schemes in the Republic of Bulgaria.It administers mandatory social security schemes such as sickness, maternity, occupational diseases, workplace accidents,...

  • Insurance
  • Pension
  • Medical Benefit
  • Bulgaria
  • Life Insurance Claims
  • Number Of Employees

Employee Benefits in Taiwan 2021 Summary The Taiwanese social security system ensures that it meets all the social requirements of the country’s employees that are engaged in trade and commerce or are employees of private and public sector companies.Persons working in mines and plantations, fishermen,...

  • Pension
  • Insurance
  • Medical Benefit
  • Taiwan
  • Employment Income
  • Labour Utilisation

Employee Benefits in the Philippines 2021 Summary The Philippines is seen as one of Asia’s most socially progressive countries, because of its commitment to providing citizens with secured livelihoods; the Philippine constitution guarantees individuals complete social, economic and cultural rights.Female...

  • Insurance
  • Pension
  • Medical Benefit
  • Philippines
  • Employment Income
  • Life Insurance Claims

Employee Benefits in Austria 2021 Summary The Austrian social security system covers a large proportion of the population. The major principles upon which the system is based are statutory insurance, solidarity, and the self-administration of insurance providers. The main objectives of the...

  • Pension
  • Austria
  • Employment Income
  • Early Retirement

Employee Benefits in Colombia 2020 Summary Colombia has a basic social security system with low coverage and participation.The country’s social insurance system was initially introduced for public sector employee groups only. Private sector employees secured coverage in 1946.Pension benefits...

  • Pension
  • Medical Benefit
  • Colombia
  • Employment Income
  • Life Insurance Claims