The report provides in-depth industry analysis, information and insights into employee benefits in Botswana, including:
• An overview of state and compulsory benefits in Botswana
• Detailed information about private benefits in Botswana
• Insights into various central institutions responsible for the administration of the different branches of social security
• The regulatory framework for employee benefits in Botswana
Executive Summary :
The Republic of Botswana has a range of social security programs which cover the country’s citizens, as well as people belonging to poor and vulnerable groups in rural communities. According to the National Policy for Rural Development (Government of Botswana - GoB, 2002), the aim of these programs is to reduce poverty and provide a social safety cover to all Botswanan individuals. These include the Universal Old-age Pension, the Orphan Care Program, the Labor-Based Drought Relief Program, Supplementary Feeding for Vulnerable Groups, and the Program for Destitute Persons. The Botswana Federation of Trade Unions (BFTU) is the workers’ labor federation representing the country’s laborers. In 1997, Botswana published a document now known as Vision 2016, which projects that poverty will be eradicated in the country by 2016. Pensions play a vital role in enhancing the earnings of the country’s workforce after retirement. The government is also focusing on improving the social security framework to prevent people from falling into poverty. Private employers also provide benefits to employees in addition to mandatory employee benefits.
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This report provides a detailed analysis of employee benefits in Botswana:
• 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...