The report provides in-depth industry analysis, information and insights into employee benefits in Nigeria, including:
An overview of state and compulsory benefits in Nigeria
Detailed information about private benefits in Nigeria
Insights into various central institutions responsible for the administration of the different branches of social security
The regulatory framework for employee benefits in Nigeria
Nigeria’s social security system is based on the principle of defined-benefits (pay-as-you-go), and is generally managed by the state government. The social security system covers a limited number of benefits and provides them based on the insured’s contribution period. Nigeria also has an informal social security system to which people can contribute voluntarily.
This report provides a detailed analysis of employee benefits in Nigeria:
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, medical benefits, workmen’s compensation, maternity and paternity benefits, housing funds, and leave
It highlights the economic and regulatory situations relating to employee benefits in Nigeria
Reasons To Buy
Make strategic decisions using in-depth information related to employee benefits in Nigeria
Assess the Nigerian employee benefits market, including state and compulsory benefits and private benefits
Gain insights into the key employee benefit schemes offered by private employers in Nigeria
Gain insights into key organizations governing Nigerian employee benefits, and their impact on companies
Nigeria’s social security system is based on the principle of defined-benefits (pay-as-you-go), and is generally managed by the state government.
The system consists of two branches a mandatory individual account system and a social insurance system.
Private benefits granted by employers in Nigeria include company cars, mobile phones, stock option plans, group life insurance plans, dental benefits, and cross-border pension plans.