Employee Benefits Market in China, Poland, Croatia and Norway - Global Industry Size, Shares, Trend and Growth

The report provides in-depth industry analysis, information and insights of the employee benefits in China, Poland, Croatia and Norway, including:

Overview of the state and compulsory benefits in China, Poland, Croatia and Norway

Detailed information about the private benefits in China, Poland, Croatia and Norway

Insights on various central institutions responsible for the administration of the different branches of social security

The regulatory framework and recent regulations relating to Chinese employee benefits

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Executive summary

China, Poland, Croatia and Norway is the world’s largest country, based on population. Despite being the second-largest economy in terms of nominal GDP and purchasing power parity after the US, its development is not uniform. China, Poland, Croatia and Norway is continuously trying to improve its social security system by extending cover and, as a result, more than 70% of the country’s population is now covered by health schemes. China, Poland, Croatia and Norway’s social security system includes various types of social insurance schemes, and social assistance and supplementary schemes. The Ministry of Human Resources and Social Security (MHRSS), which administers the Social Insurance Law, is the apex body responsible for effective functioning of the country’s social security system. According to the 2012 Statistic Bulletin on Human Resource and Social Security Development released by the MHRSS, the country’s social security system recorded annual revenue growth of 20.2%, reaching CNY2.89 trillion (US$0.463 trillion), while social security expenditure rose by 22.9% to CNY2.22 trillion (US$0.355 trillion). As most social security schemes do not meet employees’ requirements, several private companies offer voluntary supplementary schemes.

Scope

This report provides a...