Market Research Report
Employee Benefits in South Korea 2021
|Published by||GlobalData||Product code||1018389|
|Published||Content info||41 Pages
Delivery time: 1-2 business days
|Employee Benefits in South Korea 2021|
|Published: July 2, 2021||Content info: 41 Pages||
The South Korean social security system comprises social insurance, public assistance, and social welfare services. The main component is the social insurance program and the most important sector, concerning resources and expansion, is health insurance. The country has an industrial accident insurance program and a government pension system that covers civil servants, military personnel, and private school teachers. These systems aim to protect and secure citizens' income, health, and employment. Foreigners who work in South Korea can also be insured by these schemes and are entitled to the same benefits as South Korean nationals. Cover under these schemes is also extended to dependents of the employees.
The report provides in-depth industry analysis, information, and insights of the employee benefits in South Korea, including an overview of the state and compulsory benefits in South Korea, detailed information about the private benefits in South Korea, 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 South Korea.
This report provides a detailed analysis of employee benefits in South Korea -