Employee Benefits in Czech Republic, 2020 Update

Publisher Name :
Date: 16-Nov-2020
No. of pages: 56
Inquire Before Buying

Employee Benefits in Czech Republic, 2020 Update

Summary

The Czech Republic has a well-developed social security system, and employers, employees, and self-employed persons contribute to social security schemes. The Czech social security system is built on three pillars: compulsory social insurance, state social support system, and social assistance. Compulsory social insurance covers pension insurance, health insurance, and the national employment policy system. The non-contributory state social support system supports families with dependent children. The final pillar, tax-financed social assistance provides benefits to persons with disabilities, and assistance to those with insufficient income. The sickness insurance scheme is obligatory for employees and voluntary for self-employed persons. Some groups such as students and women on maternity leave are insured without contributions if certain conditions are met.

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

Key Highlights

- State and compulsory benefits include all mandatory benefits to be provided to employees. In the Czech Republic, the state and compulsory benefits comprise pension insurance, sickness insurance, and state social support. Act No. 582/1991Coll. regulates the social security benefits in the country.

- The Czech pension system is composed of two pillars: Compulsory basic pension insurance, and complementary pension insurance.

- The compulsory basic pension insurance is universal. It is provided to all economically active employees in the form of a defined-benefit (DB) plan and is financed on a pay-as-you-go basis.

- In Czech Republic, employers provide voluntary retirement benefits to their employees through voluntary insurance contracts

Scope

This report provides a detailed analysis of employee benefits in Czech Republic -

- 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 Czech Republic

Reasons to Buy

- Make strategic decisions using in-depth information related to employee benefits in Czech Republic.

- Assess Czech Republic's employee benefits market, including state and compulsory benefits and private benefits.

- Gain insights into the key employee benefit schemes offered by private employers in Czech Republic.

- Gain insights into key organizations governing Czech Republic's employee benefits, and their impact on companies.

Employee Benefits in Czech Republic, 2020 Update

Table of Contents
1 EXECUTIVE SUMMARY
2 INTRODUCTION
2.1 What is this Report About?
2.2 Definitions
3 COUNTRY STATISTICS
4 OVERVIEW OF EMPLOYEE BENEFITS IN CZECH REPUBLIC
5 REGULATIONS
6 STATE AND COMPULSORY BENEFITS
6.1 Retirement Benefits
6.1.1 Introduction
6.1.2 Eligibility
6.1.3 Benefits
6.1.4 Payment Options
6.1.5 Contributions
6.2 Death Benefits
6.2.1 Introduction
6.2.2 Eligibility
6.2.3 Benefits
6.2.4 Payment Options
6.2.5 Contributions
6.3 Long-Term Disability Benefits
6.3.1 Introduction
6.3.2 Eligibility
6.3.3 Benefits
6.3.4 Payment Options
6.3.5 Contributions
6.4 Short Term Sickness Benefits
6.4.1 Introduction
6.4.2 Eligibility
6.4.3 Benefits
6.4.4 Payment Options
6.4.5 Contributions
6.5 Medical Benefits
6.5.1 Introduction
6.5.2 Eligibility
6.5.3 Benefits
6.5.4 Payment Options
6.5.5 Contributions
6.6 Workers' Compensation Insurance
6.6.1 Introduction
6.6.2 Eligibility
6.6.3 Benefits
6.6.4 Payment Options
6.6.5 Contributions
6.7 Maternity and Paternity Benefits
6.7.1 Introduction
6.7.2 Eligibility
6.7.3 Benefits
6.7.4 Payment Options
6.7.5 Contributions
6.8 Other Benefits
6.8.1 Family Benefits
6.8.2 Long Term Care Benefits
6.8.3 Minimum Resources
6.8.4 Unemployment Benefits
6.8.5 Leaves and Holidays
7 PRIVATE BENEFITS
7.1 Retirement Benefits
7.2 Death Benefits
7.3 Disability Benefits
7.4 Medical Benefits
7.5 Accidental Death and Dismemberment Benefits
8 APPENDIX
8.1 Methodology
8.2 Contact GlobalData
8.3 About GlobalData
8.4 GlobalData's Services
8.5 Disclaimer

List of Tables
Table 1: Insurance Industry Definitions
Table 2:the Czech Republic- Country Statistics
Table 3:Retirement Age for Women Depending on Number of Children Raised
Table 4: Czech Republic - Qualifying Period for Long-term Disability Benefit
Table 5: Czech Republic - Degree of Disability
Table 6: Czech Republic - Personal Assessment Base Determination
Table 7: Czech Republic - Widow or Widower Pension Benefits
Table 8: Czech Republic - Orphan's Pension Benefits
Table 9: Czech Republic - Minimum Pension
Table 10: Czech Republic - Personal Assessment Base for Long-term Disability Benefits
Table 11: Czech Republic - Child Allowance
Table 12: Czech Republic - Levels of Dependency
Table 13: Czech Republic - Benefits In-Kind
Table 14: Czech Republic - Care Allowances
Table 15: Czech Republic-Public Holidays 2020

List of Figures
Figure 1: Czech Republic- Main Institutions of Social Security System
  • Global Life Insurance Policy Administration Systems Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery
    Published: 21-Jan-2021        Price: US 3500 Onwards        Pages: 122
    The life insurance policy management system provides end-to-end lifecycle management of collective life, personal and pension products. It helps organizations document their published policies, calculate strategy costs, and design new strategies. Based on the Life Insurance Policy Administration Systems market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehen......
  • Global Flood Insurance Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery
    Published: 21-Jan-2021        Price: US 3500 Onwards        Pages: 104
    Flood insurance denotes the specific insurance coverage against property loss from flooding. To determine risk factors for specific properties, insurers will often refer to topographical maps that denote lowlands, floodplains and floodways that are susceptible to flooding. Based on the Flood Insurance market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensi......
  • IoT Insurance Market Status and Trend Analysis 2017-2026 (COVID-19 Version)
    Published: 16-Jan-2021        Price: US 3000 Onwards        Pages: 99
    Summary Further key aspects of the report indicate that: Chapter 1: Research Scope: Product Definition, Type, End-Use & Methodology Chapter 2: Global Industry Summary Chapter 3: Market Dynamics Chapter 4: Global Market Segmentation by region, type and End-Use Chapter 5: North America Market Segmentation by region, type and End-Use Chapter 6: Europe Market Segmentation by region, type and End-Use Chapter 7: Asia-Pacific Market Segmen......
  • (Post-pandemic Era) - Global Usage-Based Insurance Market Outlook-by Major Company, Regions, Type, Application and Segment Forecast, 2015-2026
    Published: 15-Jan-2021        Price: US 3100 Onwards        Pages: 97
    Summary According to XYZResearch study, over the next 5 years the Usage-Based Insurance market will register a xx% CAGR in terms of revenue, the global market size will reach xx Million USD by 2026, from xx Million USD in 2020. In particular, It should be noted that the impact of the epidemic has accelerated the trend of localization, regionalization and decentralization of the global industrial chain and supply chain, so it is inevitable to reconstruct the global industrial chain......
  • (Post-pandemic Era) - Global Medical Malpractice Insurance Market Outlook-by Major Company, Regions, Type, Application and Segment Forecast, 2015-2026
    Published: 15-Jan-2021        Price: US 3100 Onwards        Pages: 116
    Summary According to XYZResearch study, over the next 5 years the Medical Malpractice Insurance market will register a xx% CAGR in terms of revenue, the global market size will reach xx Million USD by 2026, from xx Million USD in 2020. In particular, It should be noted that the impact of the epidemic has accelerated the trend of localization, regionalization and decentralization of the global industrial chain and supply chain, so it is inevitable to reconstruct the global industri......
  • Global Medical Malpractice Insurance Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery
    Published: 07-Jan-2021        Price: US 3500 Onwards        Pages: 119
    Coverage for the acts, errors, and omissions of physicians and surgeons, encompassing physicians professional liability insurance, hospital professional liability (HPL) insurance, and allied healthcare (e.g., nurses) professional liability insurance. Based on the Medical Malpractice Insurance market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive compet......
  • Global Professional Liability Insurance Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery
    Published: 29-Dec-2020        Price: US 3500 Onwards        Pages: 119
    Professional Liability Insurance (PLI), also known as Professional Indemnity Insurance (PII) or Error and omission (E&O), is a liability insurance that is frequently used by businesses to prevent the full cost associated with negligent claims. Unlike general liability insurance, which involves various disasters such as third-party injuries, professional liability insurance is a policy of professionals who make a living from professionals. This usually includes lawyers, doctors, architects, engin......
  • (Post-pandemic Era) - Global Marine Insurance Market Outlook-by Major Company, Regions, Type, Application and Segment Forecast, 2015-2026
    Published: 18-Dec-2020        Price: US 3100 Onwards        Pages: 104
    Summary According to XYZResearch study, over the next 5 years the Marine Insurance market will register a xx% CAGR in terms of revenue, the global market size will reach xx Million USD by 2026, from xx Million USD in 2020. In particular, It should be noted that the impact of the epidemic has accelerated the trend of localization, regionalization and decentralization of the global industrial chain and supply chain, so it is inevitable to reconstruct the global industrial chain. Fac......
  • Global Satellite Insurance Market Research Report with Opportunities and Strategies to Boost Growth- COVID-19 Impact and Recovery
    Published: 17-Dec-2020        Price: US 3500 Onwards        Pages: 113
    Satellite insurance is a specialized branch of aviation insurance in which. It covers three risks: relaunching the satellite if the launch operation fails; replacing the satellite if it is destroyed, positioned in an improper orbit, or fails in orbit; and liability for damage to third parties caused by the satellite or the launch vehicle. Based on the Satellite Insurance market development status, competitive landscape and development model in different regions of the world, this report i......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs