Employee Benefits in Spain - New Study Released

The Spanish social security system covers the country's entire population, including foreigners who work in the country. It also protects those of Spanish origin, as well as their dependents who reside in foreign countries. The main objective of this system is to formulate a single and integrated model of social protection, in order to guarantee adequate social assistance and a source of funds for various benefits, with contributions from insured individuals, employers and the state. However, the recent sovereign debt crisis in Europe has adversely impacted the Spanish social security system. The recession in property dealings in 2008 affected Spain's property and housing sector, and thus raised the level of unemployment. As a result of this, the payment of unemployment benefits has increased, raising government expenditure, and forcing the state to impose high taxes and charge for all free medical and healthcare services. Furthermore, the country's private employee benefits sector was also adversely affected by the crisis.

Full Report Details at
- http://www.fastmr.com/prod/880086_employee_benefits_in_spain.aspx?afid=301

Report Highlights

* The Spanish social security system covers a large proportion of the population, and plays a significant role in the country's employee benefits market
* The social security system consists of eleven branches
* Private benefit plans are provided by companies as a supplement to statutory benefits

Report Scope

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

* 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 benefits, short-term sickness benefits, medical benefits, workmen's compensation, maternity and paternity benefits, family benefits, minimum resources, long-term care benefits, unemployment and private benefits
* It highlights the economic and regulatory situations relating to employee benefits in Spain

Reasons to Get this Report

* Make strategic decisions using in-depth information related to Spanish employee benefits
* Assess the Spanish employee benefits market, including state and compulsory benefits and private benefits
* Gain insights into the key employee benefit schemes offered by private employers in Spain
* Gain insights into key regulations governing Spanish employee benefits, and their impact on companies

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