Employee Benefits in France, 2022 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis
Description
Employee Benefits in France, 2022 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis
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 made by employees and employers is huge, the French social security system is under severe financial strain due to the country’s aging population, which has led to an increase in spending on healthcare and pensions. The country’s social security budget is greater than its gross national product, which means that the cost incurred by the country for social security is more than the value of its domestic production.
The report provides in-depth industry analysis, information, and insights of the employee benefits in France, including an overview of the state and compulsory benefits in France, detailed information about the private benefits in France, 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 France.
Key Highlights
This report provides a detailed analysis of employee benefits in France -
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 made by employees and employers is huge, the French social security system is under severe financial strain due to the country’s aging population, which has led to an increase in spending on healthcare and pensions. The country’s social security budget is greater than its gross national product, which means that the cost incurred by the country for social security is more than the value of its domestic production.
The report provides in-depth industry analysis, information, and insights of the employee benefits in France, including an overview of the state and compulsory benefits in France, detailed information about the private benefits in France, 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 France.
Key Highlights
- The National Sickness Insurance Fund for Employees, National Old-Age Insurance Fund and National Family Benefit Fund organizations are responsible for the functioning of the overall social security system.
- 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 a credited contribution.
- In France, employers provide voluntary retirement benefits to their employees through occupational pension schemes and long-term Company Savings Plans
This report provides a detailed analysis of employee benefits in France -
- 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, workmen's compensation insurance, maternity and paternity benefits, family benefits, unemployment, grant-in-aid, social relief distress, compensation, leaves and holidays and private benefits
- It highlights the economic and regulatory situations relating to employee benefits in France
- 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
52 Pages
- 1. Executive Summary
- 2. Introduction
- 2.1 What is this Report about?
- 2.2 Definitions
- 3. Country Statistics
- 4. Overview of Employee Benefits in France
- 5. Regulations
- 6. State and Compulsory Benefits
- 6.1 Retirement Benefits
- Introduction
- Eligibility
- Benefits
- Payment options
- Contribution
- 6.2 Death in Service
- Introduction
- Eligibility
- Benefits
- Payment options
- Contribution
- 6.3 Long-Term Disability Benefits
- Introduction
- Eligibility
- Benefits
- Payment options
- Contribution
- 6.4 Short-Term Sickness Benefits
- Introduction
- Eligibility
- Benefits
- Payment options
- Contribution
- 6.5 Medical Benefits
- Introduction
- Eligibility
- Benefits
- Payment options
- Contribution
- 6.6 Workers’ Compensation insurance
- Introduction
- Eligibility
- Benefits
- Payment options
- Contribution
- 6.7 Maternity and Paternity Benefits
- Introduction
- Eligibility
- Benefits
- Payment options
- Contribution
- 6.8 Other Benefits
- Family Benefits
- Unemployment benefits
- Long - term care Benefits
- Minimum Resources Benefits
- Leaves and Holidays
- 7. Private Benefits
- 7.1 Retirement Benefits
- 7.2 Death Benefits
- 7.3 Disability Benefits
- 7.4 Medical Benefits
- 7.5 Accidental and Dismemberment Benefits
- 7.6 Other Benefits
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Insurance Industry Definitions
- Table 2: France - Country Statistics, 2020
- Table 3: France - Disability pension rates 2021
- Table 4: France - Pension related to insures earned income during their career
- Table 5: France - Reimbursement of the Healthcare Expenses
- Table 6: France - Consultation fees of general practitioner
- Table 7: France - Disability benefit to the degree of permanent disability
- Table 8: France - Child Benefits
- Table 9: France - Additional notice period
- Table 10: France - Public Holidays 2022
- List of Figures
- Figure 1: France - Main Institutions of Social Security System
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
