The report provides in-depth industry analysis, information, and insights of the employee benefits in Switzerland, including an overview of the state and compulsory benefits in Switzerland, detailed information about the private benefits in Switzerland, 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 Switzerland.
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 federal and cantonal authorities. The Swiss social security system consists of five components: old-age and disability pension; protection against the consequences of illness and accidents; income compensation allowances for military, civilian, or civil defense services; maternity and unemployment insurance; and family allowances.
The Swiss economy is based on a highly qualified labor force performing highly skilled work. Most of the country’s residents are employed by small and medium-sized enterprises.
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 federal and cantonal authorities. The Swiss social security system consists of five components: old-age and disability pension; protection against the consequences of illness and accidents; income compensation allowances for military, civilian, or civil defense services; maternity and unemployment insurance; and family allowances.
The Swiss economy is based on a highly qualified labor force performing highly skilled work. Most of the country’s residents are employed by small and medium-sized enterprises.
Key Highlights
- The Caisse nationale suisse d’assurance en cas d’accidents, the Caisse Cantonale Vaudoise De Compensation AVS, the Office fédéral de la santé publique (OFSP), the office Federal Des Assurances Sociales (OFAS), the Secrétariat d'État à l'économie (SECO), and the Conférence suisse des institutions d’action sociale (CSIAS) are responsible for the functioning of the overall social security system in Switzerland.
- A person’s 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 Switzerland, Pillar III is an individual voluntary pension system, which is only applicable to employees who are covered under Pillar II and self-employed persons who are not eligible for the Pillar II mandatory occupational pension system. It is a 100% self-funded pension system, where an employed person with an occupational pension plan can pay a maximum contribution
Scope
This report provides a detailed analysis of employee benefits in Switzerland
- 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, Long-Term Disability Benefits, Short-Term Sickness Benefits, medical benefits, workmen's compensation insurance, maternity and paternity benefits, Family Benefits, Long-term Care benefits, Minimum resources benefits, unemployment benefits, leaves and holidays, and private benefits
- It highlights the economic and regulatory situations relating to employee benefits in Switzerland
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
Table of Contents
1. Executive Summary3. Country Statistics4. Overview of Employee Benefits in Switzerland5. Regulations
2. Introduction
6. State and Compulsory Benefits
7. Private Benefits
List of Tables
