Recent Report on Employee Benefits in Singapore Market Share

Most up-to-date research on "Employee Benefits in Singapore" to its huge collection of research reports.

Synopsis

The report provides in-depth industry analysis, information and insights into employee benefits in Singapore, including:

An overview of state and compulsory benefits in Singapore

Detailed information about private benefits in Singapore

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

The regulatory framework for employee benefits in Singapore

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Executive summary

The Republic of Singapore’s social security system is founded on principles of self-provision and self-reliance; the country’s government limits its expenditure on social security schemes. The government’s policy has been that each generation must earn and save enough for their entire life cycle, with each individual being responsible for their own financial sustenance after their retirement. The Central Provident Fund (CPF) is a key component of Singaporean social security system. Most mandatory and state-sponsored benefits are limited to nationals and permanent citizens of the country.

Scope

This report provides a detailed analysis of employee benefits in Singapore:

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, medical benefits, workmen’s compensation, maternity and paternity benefits, family benefits, minimum reources, unemployment, other benefits and private benefits

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

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