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Employee Benefits in Greece

Employee Benefits in Greece

  • March 2015
  • 60 pages
  • ID: 2357020

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

Summary
Greece has one of the most developed and comprehensive welfare systems in the world. The Greek government provides various social insurance and assistance schemes including insurance cover for the elderly, disability, sickness, unemployment and survivors’ pension schemes. However, social assistance schemes are not provided to elderly people and repatriated citizens, who receive other public welfare services. Greek private employers also offer various benefits to employees including mobile phone benefits, gift vouchers and stock options.

Scope
This report provides a detailed analysis of employee benefits in Greece:

- 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, Maternity and paternity benefits, family benefits, minimum resources, long-term care benefits, unemployment benefits and private benefits

- It highlights the economic and regulatory situations relating to employee benefits in Greece

Reasons To Buy
- Make strategic business decisions using in-depth information related to Greece employee benefits

- Assess Greece employee benefits market including state and compulsory benefits and private benefits

- Gain insights into the key employee benefits schemes offered by the private employers in Greece

- Gain insights into key regulations governing Greece employee benefits and its impact on companies

Key Highlights
- The Greek social security system is well developed and covers a large proportion of the population. The system also provides cover to citizens of other EU countries who work and live with their families in Greece.

- A number of laws are in place to govern the social security system, which is a self-governed institution that covers all employees and their families working in the country. The self-employed, civil servants, farmer, military personnel and lawyers are also covered.

- Private benefits are provided by employers as supplements to mandatory statutory benefits. Employers can select the type and level of cover given to employees, and plans vary from company to company.

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