Employee Benefits in India

Marketreportsonindia.com presents a report on “Employee Benefits in India” which offers a detailed analysis of the key government-sponsored employee benefits, along with private benefits.

Navi Mumbai, India, August 04, 2014 --(PR.com)-- Synopsis
The report provides in-depth industry analysis, information and insights into employee benefits in India, including:
- An overview of state and compulsory benefits in India
- Detailed information about private benefits in India
- Insights into the various central institutions responsible for the administration of the different branches of social security
- The regulatory framework and recent regulations relating to Indian employee benefits

Summary
The Indian social security system only covers employees in the organized sector, which accounts for less than 10% of the country’s workforce. As the unorganized sector is continuously growing – and with one in five workers in the informal sector living below the poverty line – the Government of India has launched several social security measures related to healthcare, pension and direct cash transfer schemes to people who do not have access to a formal scheme.

Scope
This report provides a detailed analysis of employee benefits in India:
- 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, short-term sickness benefits, medical benefits, workmen’s compensation insurance, maternity and paternity benefits, and private benefits
- It highlights the economic and regulatory situations relating to employee benefits in India

Reasons To Buy
- Make strategic decisions using in-depth information related to Indian employee benefits
- Assess the Indian employee benefits market, including state and compulsory benefits and private benefits
- Gain insights into the key employee benefit schemes offered by private employers in India
- Gain insights into key regulations governing Indian employee benefits, and their impact on companies

Key Highlights
- The Indian social security system only covers employees in the organized sector, which account for less than 10% of the country’s workforce
- As the unorganized sector is continuously growing, the Government of India has launched several social security measures to those who do not have access to a formal scheme
- Employees’ Provident Fund (EPF), Gratuity and Employee Pension Scheme (EPS) are some of the main state and compulsory benefits in force in India
- Private employee benefits in India are changing and companies are introducing new benefit packages to remain competitive

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