Albany, NY -- (SBWire) -- 09/17/2014 --Synopsis:
The report provides in-depth industry analysis, information and insights of the employee benefits in Norway, including:
Overview of the state and compulsory benefits in Norway
Detailed information about the private benefits in Norway
Insights on various central institutions responsible for the administration of the different branches of social security
The regulatory framework and recent regulations relating to Norwegian employee benefits
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Executive summary:
The Norwegian employee benefits market is predominantly controlled by the public social security system; however the growth of labor-intensive industries has fuelled the growth of the country’s private benefits market over the last decade. The public social security system, which is supervised by The Norwegian Labor and Welfare Administration (folketrygden, NAV), plays a significant role in the country’s welfare system and is responsible for providing general social insurance schemes to the citizens of Norway. Other schemes such as the Family Allowance Scheme and the Scheme for Cash Benefit for Families with Small Children are also contributing to the overall development of the country’s social welfare system.
Scope:
This report provides a detailed analysis of employee benefits in Norway:
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, maternity and paternity benefits, minimum resources, annual vacations, unemployment, long-term care benefits and private benefits
It highlights the economic and regulatory situations relating to employee benefits in Norway
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Reasons to buy:
Make strategic decisions using in-depth information related to Norwegian employee benefits
Assess the Norwegian employee benefits market, including state and compulsory benefits and private benefits
Gain insights into the key employee benefit schemes offered by private employers in Norway
Gain insights into key regulations governing Norwegian employee benefits, and their impact on companies
Key highlights
The Norwegian employee benefits market is predominantly controlled by the public social security system
A number of state and compulsory benefits schemes such as old-age pensions, disability benefits, survivor's benefits, short-term sickness benefits, occupational injury benefits, cash benefits for sickness, medical benefits and funeral grants are provided to citizens
The Norwegian Labor and Welfare Administration (NAV) was established in July 2006 and is the prime social security institute in Norway. It supervises one third of the national budget through various employee benefit schemes such as sickness, rehabilitation, unemployment, pensions and cash benefits
Private benefits play a critical role in the Norwegian welfare system. Almost all companies located in east and west Norway provide benefits in addition to the existing general social security benefits
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Norway Employee Benefits Market Share, Size, Growth, Trend, Forecast and Research Oveiview
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