Employee Benefits in Belgium 2018
The Belgian social security system covers a large proportion of the countrys population, and plays a significant role in its employee benefits landscape. However, the recent debt crisis in European Union (EU) member states had an adverse impact on the employee benefits market. The Belgian government has had to tackle economic imbalances and rising unemployment over the past few years, and the private benefits market was affected by the sovereign debt crisis. Both the state and private benefits markets in Belgium are undergoing transformation, and are expected to improve in the coming years.
The report provides in-depth industry analysis, information and insights of the employee benefits in Belgium, including: overview of the state and compulsory benefits in Belgium, detailed information about the private benefits in Belgium, 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 Belgium.
- The Belgian social security system for employed persons is broadly classified into three categories: salaried persons, self-employed persons, and civil servants of the Belgian federal government.
- Belgium is a private-enterprise-based economy in Western Europe, with three culturally different regions: Flanders, Wallonia and the capital city of Brussels, which is home to NATO and many EU institutions.
- Any salaried person and employer bound by a labor contract in Belgium are subject to the countrys social security scheme for salaried persons.
- The general principle applied for employers and employees to contribute to the various branches of the social security system is called as global management.
- This report provides a detailed analysis of employee benefits in Belgium.
- 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, leave and private benefits
- It highlights the economic and regulatory situations relating to employee benefits in Belgium.
Reasons to buy
- Make strategic decisions using in-depth information related to employee benefits in Belgium.
- Assess Belgian employee benefits market, including state and compulsory benefits and private benefits.
- Gain insights into the key employee benefit schemes offered by private employers in Belgium.
- Gain insights into key organizations governing Belgian employee benefits, and their impact on companies.
Table of Contents
1 EXECUTIVE SUMMARY
2.1. What is this Report About?
3. COUNTRY STATISTICS
4. OVERVIEW OF EMPLOYEE BENEFITS IN BELGIUM
6. STATE AND COMPULSORY BENEFITS
6.1. Retirement Benefits
6.1.4. Pensionable Salary
6.1.6. Payment Options
6.1.7. Typical Employer Practice
6.1.8. Employee and employer contributions
6.2. Death in Service
6.2.4. Payment Options
6.2.5. Typical Employer Practice
6.2.6. Employee and employer contributions
6.3. Long-Term Disability Benefits
6.3.4. Payment Options
6.3.5. Employee and employer contributions
6.4. Short-Term Sickness Benefits
6.4.4. Payment Options
6.4.5. Typical Employer Practice
6.4.6. Employee and employer contributions
6.5. Medical Benefits
6.5.4. Payment Options
6.5.5. Typical Employer Practice
6.5.6. Employee and employer contributions
6.6. Workmens Compensation Insurance
6.6.4. Payment Options
6.6.5. Employee and employer contributions
6.7. Maternity and Paternity Benefits
6.7.4. Payment Options
6.7.5. Employee and employer contributions
6.8. Family Benefits
6.8.4. Payment Options
6.8.5. Employee and employer contributions
6.9. Long-Term Care Benefits
6.9.4. Payment Options
6.9.5. Employee and employer contributions
6.10. Minimum Resources
6.10.2. General System
6.10.3. Guarantee of Income for elder person
6.10.4. Disabled Person Allowances
6.10.5. Payment Options
6.11. Annual Vacation
6.11.2. Blue-collar workers, apprentice workers and artists
6.11.3. White-collar and apprentice employees
6.11.4. Civil servants
6.12. Unemployment Benefits
6.12.4. Payment Options
6.12.5. Employee and employer contributions
7. PRIVATE BENEFITS
7.1. Retirement Benefits
7.2. Disability Benefits
7.3. Death Benefits
7.4. Medical and Health Benefits
7.5. Other Benefits
8.2. Contact GlobalData
1.1 About GlobalData
8.3. GlobalDatas Services
List of Tables
Table 1: Insurance Industry Definitions
Table 2:Belgium- Country Statistics
Table 3: Employee Notice Period
Table 4: Early Retirement
Table 5: Maternity Benefits
Table 6: Basic Allowance
Table 7: Monthly Age Supplements
Table 8: Social Supplements
Table 9: Civil Servants Age Criteria for Annual Vacation
Table 10: Young Unemployed Benefits
Table 11: Employee Contributions
Table 12: Disability Benefits
List of Figures
Figure 1: Belgium- Main Institutions of Social Security System
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