The report provides in-depth industry analysis, information and insights into employee benefits in the Dominican Republic, including:
• An overview of state and compulsory benefits in the Dominican Republic
• Detailed information about private benefits in the Dominican Republic
• Insights into various central institutions responsible for the administration of the different branches of social security
• The regulatory framework for employee benefits in the Dominican Republic
Executive Summary :
The Dominican Republic has a comprehensive social security system. There are three schemes under which social security benefits are granted to the country’s residents and citizens: a contributory scheme that covers employees, a contributory subsidized scheme for self-employed individuals and technicians that is yet to be implemented, and a fully subsidized scheme that covers unemployed and severely disabled persons who do not have a stable income and earn below the minimum wage. The 2003 economic crisis forced the government to reduce public social spending, discontinue several programs and focus on the social protection of the country’s poorest residents through the introduction of the solidarity card and programs like the eating first incentive program, attendance incentive and incentive for higher education
Get details of report at: http://www.reportscue.com/employee-benefits-in-the-dominican-republic-market
Scope :
This report provides a detailed analysis of employee benefits in the Dominican Republic:
• 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, medical benefits, workmen’s compensation, maternity and paternity benefits, solidarity benefits, leave and holidays, and overtime compensation
• It highlights the economic and...