United Kingdom Employee Benefits Report 2022: Key Regulations, Statutory Public and Private Benefits, and Industry Analysis - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Employee Benefits in the United Kingdom (UK), 2022 Update - Key Regulations, Statutory Public and Private Benefits, and Industry Analysis" report has been added to ResearchAndMarkets.com's offering.

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

The UK has one of the most comprehensive and well-established welfare systems in the world. It is predominantly controlled by the social security system. Welfare benefits in the country are disbursed under various schemes, such as cash benefits, healthcare, education, housing, and personal social services. Cash benefits are classified into three subgroups: national insurance; means-tested; and non-contributory benefits.

Key Highlights

• The HM Revenue & Customs, Department for Business, Energy, and Industrial Strategy (BEIS), and National Health Services (NHS) organizations are responsible for the functioning of the overall social security system
• A person's national insurance contribution is determined based on their income
• An insured person who is unemployed or unable to work and whose benefits have been exhausted is entitled to credited contribution
• In the UK, employers provide voluntary retirement benefits to their employees through occupational pension schemes, master trust and automatic enrollment

Scope

• 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, grant-in-aid, social relief distress, compensation, leaves and holidays and private benefits
• It highlights the economic and regulatory situations relating to employee benefits in the UK

Key Topics Covered:

1. Executive Summary

2. Introduction

2.1 What is this Report about?

2.2 Definitions

3. Country Statistics

4. Overview of Employee Benefits in the UK

5. Regulations

6. State and Compulsory Benefits

6.1 Retirement Benefits

• Introduction
• Eligibility
• Benefits
• Payment options
• Contribution

6.2 Death in Service

• Introduction
• Eligibility
• Benefits
• Payment options
• Contribution

6.3 Long-Term Disability Benefits

• Introduction
• Eligibility
• Benefits
• Payment options
• Contribution

6.4 Short-Term Sickness Benefits

• Introduction
• Eligibility
• Benefits
• Payment options
• Contribution

6.5 Medical Benefits

• Introduction
• Eligibility
• Benefits
• Payment options
• Contribution

6.6 Workers' Compensation insurance

• Introduction
• Eligibility
• Benefits
• Payment options
• Contribution

6.7 Maternity and Paternity Benefits

• Introduction
• Eligibility
• Benefits
• Payment options
• Contribution

6.8 Other Benefits

• Family Benefits
• Unemployment benefits
• Long - term care Benefits
• Minimum Resources Benefits
• 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 and Dismemberment Benefits

7.6 Other Benefits

For more information about this report visit https://www.researchandmarkets.com/r/5vlomj