Thursday 25 September 2014

Employee Benefits in Austria, New Report Launched

Employee Benefits in Austria

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 Austrian labor market policy are to achieve full employment, keep older employees in work for longer, develop human resources, re-activate the unemployed and combat the long-term unemployment. The country is one of the 12 richest in the world, in terms of GDP, and its unemployment rate is among the lowest in EU member states.

The report provides in-depth industry analysis, information and insights into employee benefits in Austria, including:
  • An overview of state and compulsory benefits in Austria
  • Detailed information about private benefits in Austria
  • Insights into the various central institutions responsible for the administration of the different branches of social security
  • The regulatory framework and recent regulations relating to Austrian employee benefits


Scope
This report provides a detailed analysis of employee benefits in Austria:
  • 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 benefits, long-term disability benefits, short-term sickness benefits, medical benefits, workmen’s compensation, maternity and paternity benefits, family benefits, minimum resources, unemployment and private benefits
  • It highlights the economic and regulatory situations relating to employee benefits in Austria


Reasons to Buy
  • Make strategic decisions using in-depth information related to Austrian employee benefits
  • Assess the Austrian employee benefits market, including state and compulsory benefits and private benefits
  • Gain insights into the key employee benefit schemes offered by employers in Austria
  • Gain insights into key regulations governing Austrian employee benefits, and their impact on companies


Key Highlights
  • 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 risks of retirement, death, disability, maternity, unemployment, accidents in the workplace, occupational diseases, family benefits, nursing care and social needs are all covered under the country’s social security system
  • Personal development and training activities, car allowance, mobility, share option plan, appraisal interview, flexi-timings and health and employee safety programs are some of the private benefits provided in Austria
  • Austrian employees are obliged to make contributions towards sickness, unemployment and pension insurance schemes


Spanning over 69 pages, “Employee Benefits in Austria” report covering the Introduction Country Statistics, Overview of Employee Benefits in Austria, Regulations, State and Compulsory Benefits, Private Benefits, Macroeconomic Indicators, Appendix.

Know more about this report athttp://mrr.cm/ZEV

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