Types of legal benefits
Statutory benefits are benefits that companies are required by law to provide to their employees. There are six types of benefits as follows. (Company contributions are the basic proportions for general companies.)
- Employee’s pension insurance (company pays half of the premium)
- Health insurance (the company pays half the premium)
- Nursing care insurance (company pays half of the insurance premium)
- Employment insurance (in principle, the company pays 2/3 of the cost)
- Workmen’s Accident Compensation Insurance (the company pays the full amount of the insurance premium)
- Child and child-rearing contributions (the company pays the full amount of the insurance premium)
Types of non-statutory benefits
Non-statutory employee benefits are benefits that a company voluntarily provides to its employees and their families, even bulgaria phone number library if they are not required by law. Many companies offer not only statutory employee benefits, but also some non-statutory employee benefits.
For example, common non-statutory benefits include commuting expenses, housing allowances, family allowances, coverage for regular health checkups and medical examinations, and retirement pension systems.
What is the minimum level of benefits?
The minimum standard for employee benefits is legally defined as six types of statutory employee benefits. Companies that do not even provide these benefits will be subject to guidance from the government, and in severe cases, they will be subject to imprisonment and fines.
In modern Japan, no matter which company you work for, you will basically be provided with minimum benefits such as social insurance contributions, because this is stipulated by law.
Recent standards for “good” and “bad” employee benefits
Today, values regarding work styles have changed significantly from those of the past. In tandem with this, the way employees how much can you buy with the cost of a super bowl ad? perceive welfare benefits has also changed.
Recent criteria for determining whether employee benefits are good or bad include the following factors:
- Degree of health consideration
- Availability of food and drink
- Will there be any gifts of appreciation in lieu of comfort events?
- Level of various allowances etc.
- Completeness of employee training and qualification support systems
Let’s take a look at each one individually.
Improving and maintaining the health of employees is now one of the management issues for companies. In addition to email leads database the minimum health checks required by labor law, an increasing number of companies are supporting employees in undergoing more detailed medical checkups and subsidizing the costs of vaccinations.
As companies grow in size, they often set up in-house medical offices (health rooms). Many also have in-house training rooms and hold recreational activities to promote health.
