88 reports

Employee Benefits in Kenya, 2021 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis Summary Kenya’s social security system is considered important for the security of workers, their families, and the community. The Kenyan social security system is divided into...

  • Pension
  • Insurance
  • Medical Benefit
  • Kenya
  • 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 Germany 2021 Summary Germany 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,...

  • Pension
  • Medical Benefit
  • Germany
  • Employment Rate
  • Employment Income

Employee Benefits in Kazakhstan, 2021 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis Summary Kazakhstan’s social security system consists of the social insurance system and social assistance system.The social security system covers a large proportion of...

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

Employee Benefits in Zambia 2021 Summary The Zambian social security system is based on the social insurance model and protects against income loss due to retirement, disability, and death.All employed individuals in the formal sector are required to contribute to the statutory pension scheme. Individuals...

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

Employee Benefits in Botswana 2021 Summary The Republic of Botswana has a range of social security programs, which cover the country’s citizens, as well as people belonging to poor and vulnerable groups residing in rural communities.According to the National Policy for Rural Development (Government...

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

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 the Dominican Republic 2021 Summary The Dominican Republic has a comprehensive social security system.There are three schemes under which social security benefits are granted to the country’s residents and citizens: a contributory scheme that covers employees; a contributory...

  • Insurance
  • Pension
  • Medical Benefit
  • Dominican Republic
  • Employment Income
  • Life Insurance Claims

Employee Benefits in Uganda 2021 Summary Uganda’s social security system only covers a small portion of the population.The majority of workers and their families are not covered under the country’s social security system; however, the government plans to introduce new social security benefits. The...

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

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 South Korea 2021 Summary The South Korean social security system comprises social insurance, public assistance, and social welfare services.The main component is the social insurance program and the most important sector, concerning resources and expansion, is health insurance. The...

  • Insurance
  • Pension
  • Medical Benefit
  • South Korea
  • Number Of Employees
  • Employment Income

Employee Benefits in Ghana 2021 Summary Ghana’s social security system covers the entire population, including employees and self-employed individuals.The provision of benefits depends on the contributions made by employers, insured employees, and self-employed persons. The Ghanaian social...

  • Pension
  • Insurance
  • Medical Benefit
  • Public Health
  • Ghana
  • Employment Income
  • Life Insurance Claims

Employee Benefits in Slovenia 2021 Summary The Slovenian social security system includes social insurance, social assistance scheme, and family benefits.It covers the risks of employees, self-employed persons, unemployed persons, persons taking care of family members, and individuals without the...

  • Insurance
  • Pension
  • Medical Benefit
  • Slovenia
  • 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 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 Saudi Arabia, 2021 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis Summary The Kingdom of Saudi Arabia has an extensive social security system, which aims to provide every citizen with a decent standard of living in line with Islamic...

  • Pension
  • Medical Benefit
  • Saudi Arabia
  • Employment Income
  • Life Insurance Claims

Employee Benefits in Costa Rica 2021 Summary The Costa Rican social security system provides universal cover for the healthcare and old-age needs of people living in Costa Rica.While all employees are required to contribute, the social security system also takes care of those unable to do so. The...

  • Pension
  • Insurance
  • Medical Benefit
  • Costa Rica
  • Employment Income
  • Life Insurance Claims

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...

  • Insurance
  • Pension
  • Public Health
  • Medical Benefit
  • United States
  • Life Insurance Claims
  • Employment Income

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 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 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 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 Japan 2021 Summary The Japanese social security system is designed to assure a minimum standard of living to its citizens, as well as protection from social and economic risks.It consists of the following components: a public pension system, health services, and personal social...

  • Pension
  • Public Health
  • Medical Benefit
  • Occupational Pension
  • Japan
  • Life Insurance Claims
  • Number Of Employees

Employee Benefits in Latvia 2021 Summary The social security system in Latvia is classified into three categories: state social insurance, social assistance, and the social service system.The state social insurance system covers legislation on social insurance, maternity and sickness insurance,...

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

Employee Benefits in Brazil 2021 Summary Brazil has a well-developed social security system, and both employers and employees contribute to social security schemes in the country, with employers’ contributions typically much greater than those of employees.Brazilian employees primarily contribute...

  • Pension
  • Medical Benefit
  • Disability Pension
  • Brazil
  • Employment Income
  • Life Insurance Claims

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 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 Turkey 2021 Summary The Turkish social security system is largely like the Continental model, with employee contributions made according to their insurance and payroll status.Contributions are collected in a joint pool and pensions are paid, on becoming eligible, according...

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

Employee Benefits in Indonesia 2021 Summary The Indonesian social security system comprises the provident fund system and social insurance system.Social security in Indonesia covers a small proportion of the population with minimal benefits. With effect from January 1, 2014, a new regime...

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

Employee Benefits in Thailand 2021 Summary Both employees and employers fund Thailand’s social security system.Old-age, disability, survivors, sickness and maternity benefits, and family allowances are offered under voluntary cover for self-employed persons, and individuals with at least 12 months...

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