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Employee Benefits in the US

Employee Benefits in the US

Synopsis

The report provides in-depth industry analysis, information and insights of the employee benefits in the US, including: overview of the state and compulsory benefits in the US, detailed information about the private benefits in the US, 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 the US.

Summary

The US social security system covers more than 90% of the total workers employed in the US. The motive of providing employee benefits is to support the economic security of an individual by insuring against unsure events, and to raise standards of living by providing desired services. Employee benefit programs also add to economic stability by helping to secure the population’s income and welfare, benefitting the economy as a whole.

Scope

This report provides a detailed analysis of employee benefits in the US:

  • 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, short-term sickness benefits, medical benefits, workmen's compensation insurance, supplemental security income, family and medical leave benefits, unemployment benefits and private benefits
  • It highlights the economic and regulatory situations relating to employee benefits in the US
Reasons To Buy
  • Make strategic decisions using in-depth information related to employee benefits in the US.
  • Assess the US employee benefits market, including state and compulsory benefits and private benefits.
  • Gain insights into the key employee benefit schemes offered by private employers in the US.
  • Gain insights into key organizations governing the US employee benefits, and their impact on companies.
Key Highlights
  • Employee benefits in the US are a partnership between employers, employees and the government. The social security system provides compulsory benefits for retirement, death, workers compensation, disability, medical, unemployment benefits, family and medical leave.
  • The Old-Age, Survivors, and Disability Insurance (OASDI) program, also known as social security, covers most of the working population with the exception of government workers, some agricultural employees, family labor and others.
  • In the beginning, the US social security covered only workers engaged in non-agricultural industry and commerce.
Currently, social security cover has been extended, and almost all employees are covered. If the work has been performed in the US then all the employees are covered, irrespective of their citizenship.


  • Executive Summary
  • Introduction
    • What is this Report About?
    • Definitions
      • Table Definitions
  • Country Statistics
    • Table US - Country Statistics
  • Overview of Employee Benefits in the US
    • Table Social Security Contribution
  • Regulations
    • Table US Employment Benefits - Recent Regulations
  • State and Compulsory Benefits
    • Retirement Benefits
      • Introduction
      • Types of retirement plan
      • Eligibility
      • Age
        • Table US Retirement Benefits - Full Retirement Ages
        • Table US Retirement Benefits - Qualifying Ages for Retirement Benefits
      • Pensionable salary
      • Benefits
      • Payment options
      • Typical employer practice
      • Employee and employer contributions
      • Taxation
    • Death in Service
      • Introduction
      • Eligibility
      • Benefits
      • Payment options
      • Typical employer practice
      • Employee and employer contributions
      • Taxation
    • Long-Term Disability Benefits
      • Introduction
      • Eligibility
        • Table US Long-Term Disability Benefits - Rules for Recent Work Test
        • Table US Long-Term Disability Benefits - Rules for Duration of Work Test
      • Benefits
      • Payment options
      • Typical employer practice
      • Employee and employer contributions
      • Taxation
    • Short-term Sickness Benefits
      • Introduction
      • Eligibility
      • Benefits
      • Payment options
      • Typical employer practice
      • Employee and employer contributions
      • Taxation
    • Medical Benefits
      • Introduction
      • Eligibility
      • Benefits
      • Payment options
      • Typical employer practice
      • Employee and employer contributions
        • Table US Medical Benefits - Additional Medicare Tax
      • Taxation
    • Workmen's Compensation Insurance
      • Introduction
      • Eligibility
      • Benefits
      • Payment options
      • Typical employer practice
      • Employee and employer contributions
      • Taxation
    • Supplemental Security Income
      • Introduction
      • Eligibility
      • Benefits
      • Payment options
      • Employee and employer contributions
      • Taxation
    • Family and Medical Leave Benefits
      • Eligibility
      • Benefits
    • Unemployment
      • Introduction
      • Eligibility
      • Benefits
      • Payment options
      • Employee and employer contributions
      • Taxation
  • Private Benefits
    • Retirement Benefits
    • Disability Benefits
    • Death Benefits
    • Medical and Health Benefits
      • Table US Medical and Health Benefits - Cobra Cover
    • Workmen's Compensation Insurance
    • Other Benefits
      • Financial and compensation benefits
      • Leave benefits
      • Family-friendly benefits
      • Flexible benefits
      • Personal service benefits
      • Relocation benefits
      • Travel benefits
  • Macroeconomic Indicators
    • Economic Performance
      • GDP at constant prices (US$)
      • GDP per capita at constant prices (US$)
      • GDP at current prices (US$)
      • GDP per capita at current prices (US$)
      • GDP by key sectors
      • Inflation rate
      • Household consumption expenditure (US$)
      • Gross national disposable income
      • Unemployment rate
    • Demographics
      • Total population
      • Urban and rural populations
      • Labor force
      • Age distribution of the total population
      • Life expectancy at birth (years)
  • Appendix
    • Methodology
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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