Report cover image

Switzerland Statutory and Private Employee Benefits (including Social Security) - Insights into Statutory Employee Benefits such as Retirement Benefits, Long-term and Short-term Sickness Benefits, Medical Benefits as well as Other State and Private Benefi

Publisher GlobalData
Published Apr 03, 2023
Length 64 Pages
SKU # GBDT17972413

Description

Switzerland Statutory and Private Employee Benefits (including Social Security) - Insights into Statutory Employee Benefits such as Retirement Benefits, Long-term and Short-term Sickness Benefits, Medical Benefits as well as Other State and Private Benefits, 2023 Update


Summary

The report provides in-depth industry analysis, information, and insights into 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.

Key Highlights
  • Caisse nationale suisse d’assurance en cas d’accidents (CNA/Suva), Caisse Cantonale Vaudoise De Compensation AVS, Office fédéral de la santé publique, Office Federal Des Assurances Sociales, Conférence suisse des institutions d’action sociale (CSIAS), and Secrétariat d'État à l'économie (SECO) 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 Switzerland, employers provide voluntary retirement benefits to their employees through occupational pension plans.
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, death in service, long-term disability benefits, medical benefits, workmen's compensation insurance, maternity and paternity benefits, family 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

64 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 Switzerland
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
Long-Term care benefits
Unemployment benefits
Minimum resources
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 Death and Dismemberment Benefits
7.6 Other Benefits
About GlobalData
Contact Us
List of Tables
Table 1: Insurance Industry Definitions
Table 2: Switzerland - Country Statistics, 2022
Table 3: Switzerland - Contribution as old age credits as a percentage of salary
Table 4: Switzerland Early Retirement Pension - 2023
Table 5: Switzerland Increase of Pension based on Deferral Period, 2022
Table 6: Switzerland Helplessness Benefits - Monthly Allowance for 2023
Table 7: Switzerland Survivor’s Pensions - OASI for 2023
Table 8: Switzerland Occupational Insurance Benefits - Old Age Credit Rates
Table 9: Switzerland Disability Benefits - Statutory Pension Rates in 2023
Table 10: Switzerland Long-Term Disability Benefits - Amount of Disability Pension
Table 11: Switzerland Family Benefits - Agriculture
Table 12: Switzerland Family Benefits - Other Sectors
Table 13: Switzerland Family Benefits - Housing Expenses
Table 14: Switzerland Long-Term Care - Age Limit
Table 15: Switzerland Long-Term Care - Helplessness Allowance - Disability Insurance
Table 16: Switzerland Long-Term Care - Helplessness Allowance - Old-Age and Survivor’s Insurance
Table 17: Switzerland Long-Term Care - Helplessness Allowance - Accident Insurance
Table 18: Switzerland Minimum Resources - Amount of Lum-Sum Benefit
Table 19: Switzerland Unemployment - Helplessness Allowance
Table 20: Switzerland Notice Period - Duration
Table 21: Switzerland Leave - Fixed National and Public Holidays 2023

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

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.
Chat Now
Contact Us