Quantcast

South Korea

Employee Benefits Report

Product Employee Benefits Reports Rev Korea, South

Key Highlights

Get access to Axco’s online product for a comprehensive understanding of employee benefits in Kenya

  • Details of the state and compulsory benefits
  • Insight into typical market practice
  • Examines changes to the costs and benefits of social security and mandatory benefits requirements
  • Demographic and economic information including projections
  • Mandatory pension provision, normal and parental leave and other state benefits
  • Details of applicable taxation
  • Extensive geopolitical and operational risk analysis

Report Overview

Comprehensive employee benefits information for Kenya Details mandatory benefits and plans as well as typical market practice. Includes data on pensions and retirement benefits, employee leave and termination indemnities.

Axco's employee benefits report for Kenya provides expert analysis of the Kenyan benefits landscape, detailing state and compulsory benefits and local market practice across necessary to know when employing staff in Kenya or thinking of entering the market.

The comprehensive report is produced by a dedicated research team with years of experience in international employee benefits. The report outlines all key benefits in Kenya, including insight into changes to the costs and benefits of social security and mandatory benefits requirements, as well as typical employer practice. Information and necessary details on new legislative mandates are regularly updated to ensure you remain compliant.

Suitable for international employee benefits consultants, brokers or corporates looking at establishing business in Kenya, the report outlines the employment benefits requirements for your employees in Kenya. Coverage extends to retirement benefits, death in service benefits, long-term disability, medical benefits, workers compensation, personal accident insurance, termination indemnities, maternity benefits & maternity/paternity benefits and other employee and state benefits.

Axco analysts also report on the economy of Kenya, the local political situation, and climate, operational, and security risks.

Kenya Report Extract

Below is a very brief extract of information from the Kenya Employee Benefits Report; more updated information may be available in the latest published report.

Retirement

Benefit Provider

State & Compulsory Benefits

At the date of this report retirement benefits continue to be provided under the Old Provident Fund pending the outcome of the Industrial Court decision. If the new social security system is eventually implemented in its current form, retirement benefits will be provided under the National Social Security Fund Act, 2013 (NSSF act) as follows: …

Typical Employer Practice

Multinational and local leading employers may provide supplementary retirement benefits provided through …

The report contains more information on retirement benefits including Benefit Provider; Type of Plan; Eligibility; Retirement Age; Pensionable Salary; Vesting and more

Termination Indemnities

Benefit provider

State & Compulsory Benefits

Termination indemnities are provided by the employer.

Typical Employer Practice

Multinational and local leading employers may provide supplementary termination indemnities (excluding …

More information on Eligibility; When Benefit is Paid; Benefit details and the associated Taxation applicable to termination indemnities is available in the report

Back to Report Store

You may also be interested in these reports...

£550

Ready to talk? We're here to help.

Whether you need more information or to discuss which products are best suited to your needs, our dedicated team are here to help.

Get in touch