Employee Benefits in Philippines 2020

Employee Benefits in Philippines 2020



The Philippines is seen as one of Asias 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 employees and the primary labor force are granted special rights. However, the country has a long way to go in terms of providing full social entitlement to all citizens. Furthermore, the distribution of benefits is unbalanced, and only a small proportion of the population benefits.

The report provides in-depth industry analysis, information and insights of the employee benefits in Philippines, including: overview of the state and compulsory benefits in Philippines, detailed information about the private benefits in Philippines, 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 Philippines.

Key Highlights

- The RA regulates retirement benefits (old-age pension) on Old Age, Disability and Survivors
- A persons national insurance contribution is determined based on their income.
- An insured person who is unemployed or unable to work and whose benefits have been exhausted is entitled to credited contribution.
- In Philippines, employers provide voluntary retirement benefits to their employees through deferred annuity plans.

Scope

This report provides a detailed analysis of employee benefits in Philippines -
- 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, workmens 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 Philippines

Reasons to Buy

- Make strategic decisions using in-depth information related to employee benefits in Philippines.
- Assess Philippiness employee benefits market, including state and compulsory benefits and private benefits.
- Gain insights into the key employee benefit schemes offered by private employers in Philippines.
- Gain insights into key organizations governing Philippiness employee benefits, and their impact on companies.

1 EXECUTIVE SUMMARY
2 INTRODUCTION
2.1 What is this Report About?
2.2 Definitions
3 COUNTRY STATISTICS
4 OVERVIEW OF EMPLOYEE BENEFITS IN THE PHILIPPINES
5 REGULATIONS
6 STATE AND COMPULSORY BENEFITS
7 PRIVATE BENEFITS
7.1 Retirement Benefits
7.2 Death Benefits
7.3 Disability Benefits
7.4 Medical Benefits
7.5 Accidental Death and Dismemberment Benefits
8 APPENDIX
8.1 Methodology
8.2 Contact GlobalData
8.3 About GlobalData
8.4 GlobalDatas Services
8.5 Disclaimer

List Of Tables


Table 1: Insurance Industry Definitions
Table 2: The Philippines - Country Statistics
Table 3: The Philippine Workers Compensation - Payment Options Under ECP
Table 4: The Philippine Work Injury Benefits - Employer Contribution Rates
Table 5: The Philippine Unemployment Benefits - Duration of Benefits
Table 6: The Philippine Separation Benefits - Duration of Benefits
Table 7: The Philippines - Regular Holidays 2020
Table 8: The Philippines - Special Holidays 2020
Table 9: The Philippine Consolidated Loans - Calculation of Loan Amounts

List Of Figures


Figure 1: The Philippines - Main Institutions of Social Security System

Employee Benefits in Austria 2020

Employee Benefits in Austria 2020The 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

USD 1495 View Report

Employee Benefits in Costa Rica 2020

Employee Benefits in Costa Rica 2020The Costa Rican social security system provides universal cover for healthcare and old-age needs of people living in Costa Rica. While all employees are required

USD 1495 View Report

Employee Benefits in Austria 2020

Employee Benefits in Austria 2020The 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

USD 1495 View Report

Employee Benefits in Costa Rica 2020

Employee Benefits in Costa Rica 2020The Costa Rican social security system provides universal cover for healthcare and old-age needs of people living in Costa Rica. While all employees are required

USD 1495 View Report

Fill The Form For Sample Request

Note : * Kindly provide us with your company id and get the sample reports at the earliest.

There is no Reviews available