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Employee Benefits in Austria
Released On 30
th
September 2014


Synopsis

The report provides in-depth industry analysis, information and insights into
employee benefits in Austria, including:
An overview of state and compulsory benefits in Austri
Detailed information about private benefits in Austria
Insights into the various central institutions responsible for the administration of
the different branches of social security
The regulatory framework and recent regulations relating to Austrian employee
benefits



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Summary

The Austrian social security system covers a large proportion of the population.
The major principles upon which the system is based are statutory insurance,
solidarity and the self-administration of insurance providers. The main objectives
of the Austrian labor market policy are to achieve full employment, keep older
employees in work for longer, develop human resources, re-activate the
unemployed and combat the long-term unemployment. The country is one of the
12 richest in the world, in terms of GDP, and its unemployment rate is among the
lowest in EU member states.

Scope

This report provides a detailed analysis of employee benefits in Austria:
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, workmens compensation, maternity and paternity
benefits, family benefits, minimum resources, unemployment and private
benefits
It highlights the economic and regulatory situations relating to employee benefits
in Austria

Reasons To Buy
Make strategic decisions using in-depth information related to Austrian employee
benefits
Assess the Austrian employee benefits market, including state and compulsory
benefits and private benefits

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Gain insights into the key employee benefit schemes offered by employers in
Austria
Gain insights into key regulations governing Austrian employee benefits, and their
impact on companies

Key Highlights
The Austrian social security system covers a large proportion of the population.
The major principles upon which the system is based are statutory insurance,
solidarity and the self-administration of insurance providers
The risks of retirement, death, disability, maternity, unemployment, accidents in
the workplace, occupational diseases, family benefits, nursing care and social
needs are all covered under the countrys social security system
Personal development and training activities, car allowance, mobility, share
option plan, appraisal interview, flexi-timings and health and employee safety
programs are some of the private benefits provided in Austria
Austrian employees are obliged to make contributions towards sickness,
unemployment and pension insurance schemes







Browse complete Report on:
http://www.jsbmarketresearch.com/finance-banking/r-employee-
benefits-in-austria-127559


JSB Market Research Pvt. Ltd.
Email ID- contact@jsbmarketresearch.com
Tel No- 91 2241236650 / +91 - 998 729 5242
Published by- http:/www.jsbmarketresearch.com/

Table of Contents
1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
3 Country Statistics
4 Overview of Employee Benefits in Austria
5 Regulations
6 State and Compulsory Benefits
6.1 Retirement Benefits
6.1.1 Introduction
6.1.2 Types of retirement plans
6.1.3 Eligibility
6.1.4 Age
6.1.5 Pensionable salary
6.1.6 Benefits
6.1.7 Payment options
6.1.8 Typical employer practice
6.1.9 Employee and employer contributions
6.1.10 Taxation
6.2 Death in Service
6.2.1 Introduction
6.2.2 Eligibility
6.2.3 Benefits
6.2.4 Payment options
6.2.5 Typical employer practice
6.2.6 Employee and employer contributions
6.2.7 Taxation
6.3 Long-term Disability Benefits
6.3.1 Introduction
6.3.2 Eligibility
6.3.3 Benefits
6.3.4 Payment options
6.3.5 Typical employer practice
6.3.6 Employee and employer contributions

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6.3.7 Taxation
6.4 Short-term Sickness Benefits
6.4.1 Introduction
6.4.2 Eligibility
6.4.3 Benefits
6.4.4 Payment options
6.4.5 Typical employer practice
6.4.6 Employee and employer contributions
6.4.7 Taxation
6.5 Medical Benefits
6.5.1 Introduction
6.5.2 Eligibility
6.5.3 Benefits
6.5.4 Payment options
6.5.5 Typical employer practice
6.5.6 Employee and employer contributions
6.6 Workmens Compensation Insurance
6.6.1 Introduction
6.6.2 Eligibility
6.6.3 Benefits
6.6.4 Payment options
6.6.5 Typical employer practice
6.6.6 Employee and employer contributions
6.6.7 Taxation
6.7 Maternity and Paternity Benefits
6.7.1 Introduction
6.7.2 Eligibility
6.7.3 Benefits
6.7.4 Payment options
6.7.5 Employee and employer contributions
6.7.6 Taxation
6.8 Family Benefits
6.8.1 Introduction
6.8.2 Eligibility
6.8.3 Benefits
6.8.4 Payment options

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6.8.5 Employee and employer contributions
6.8.6 Taxation
6.9 Minimum Resources
6.9.1 Introduction
6.9.2 Eligibility
6.9.3 Benefits
6.9.4 Payment options
6.9.5 Employee and employer contributions
6.9.6 Taxation
6.1 Long-term care
6.10.1 Introduction
6.10.2 Eligibility
6.10.3 Benefits
6.10.4 Payment options
6.10.5 Employee and employer contributions
6.10.6 Taxation
6.11 Unemployment
6.11.1 Introduction
6.11.2 Eligibility
6.11.3 Benefits
6.11.4 Payment options
6.11.5 Employee and employer contributions
6.11.6 Taxation
7 Private Benefits
7.1 Retirement Benefits
7.2 Disability Benefits
7.3 Death Benefits
7.4 Sickness Benefits
7.5 Medical and Health Benefits
7.6 Other Benefits
8 Macroeconomic Indicators
8.1 Economic Performance
8.1.1 GDP at constant prices (US dollars)
8.1.2 GDP per capita at constant prices (US dollars)
8.1.3 GDP at current prices (US dollars)
8.1.4 GDP per capita at current prices (US dollars)

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8.1.5 GDP split by key sectors
8.1.6 Inflation rate
8.1.7 Annual average exchange rate US$EUR
8.1.8 Unemployment rate
8.1.9 Household consumption expenditure
8.1.10 Gross national disposable income
8.2 Demographics
8.2.1 Labor force
8.2.2 Total population
8.2.3 Urban and rural populations
9 Appendix
9.1 Methodology
9.2 Contact Timetric
9.3 About Timetric
9.4 Timetrics Services
9.5 Disclaimer

List Of Tables

Table 1: Definitions
Table 2: Austria Country Statistics
Table 3: Austrian State and Compulsory Benefits Contribution of Employer and
Employee
Table 4: Austrian State and Compulsory Benefits Reference Rates for Equalization
Supplement
Table 5: Austrian Retirement Benefits Eligibility
Table 6: Austrian Retirement Benefits Age
Table 7: Austrian Death in Service Eligibility
Table 8: Austrian Family Benefits Child Benefit According to Age (from July 2014)
Table 9: Austrian Family Benefits Child Benefit According to the Number of Children
Table 10: Austrian Family Benefits Five Options of Child-Raising Allowance
Table 11: Austrian Long-term Care Categories and Benefits





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List Of Figures

Figure 1: Major Organizations of Austrian Social Security System
Figure 2: Austrian GDP at Constant Prices (US$ Billion), 20082012
Figure 3: Austrian GDP Per Capita at Constant Prices (US$), 20082012
Figure 4: Austrian GDP at Current Prices (US$ Billion), 20082012
Figure 5: Austrian GDP Per Capita at Current Prices (US$), 20082012
Figure 6: Austrian GDP by Key Segments (%), 20082012
Figure 7: Austrian Inflation Rate (%), 20082012
Figure 8: Austrian Annual Average Exchange Rate US$EUR, 20082012
Figure 9: Austrian Unemployment Rate (%), 20082012
Figure 10: Austrian Gross National Disposable Income (US$ Billion), 20082012
Figure 11: Austrian Gross National Disposable Income (US$ Billion), 20082012
Figure 12: Austrian Size of Labor Force (Million), 20082012
Figure 13: Austrian Total Population (Million), 20082012
Figure 14: Austrian Urban and Rural Population (%), 20082012



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JSB Market Research Pvt. Ltd.
Email ID- contact@jsbmarketresearch.com
Tel No- 91 2241236650 / +91 - 998 729 5242
Published by- http:/www.jsbmarketresearch.com/


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JSB Market Research Pvt. Ltd.
Email ID- contact@jsbmarketresearch.com
Tel No- 91 2241236650 / +91 - 998 729 5242
Published by- http:/www.jsbmarketresearch.com/





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