Employee Benefits in the UK 2018
Summary
The UK has one of the most comprehensive and well-established welfare systems in the world. It is predominantly controlled by the social security system. Welfare benefits in the country are disbursed under various schemes, such as cash benefits, healthcare, education, housing and personal social services. Cash benefits are classified into three subgroups: national insurance; means-tested; and non-contributory benefits.
The report provides in-depth indu
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- List of Tables
- Table 1: Employee Benefit Definitions
- Table 2: The UK - Country Statistics
- Table 3: The UK National Insurance (NI) Contributions Thresholds
- Table 4: The UK Retirement Benefits - Determining Factors
- Table 5: The UK - Class 1 NI Contribution Rates for Employee
- Table 6: The UK - NI Contributions for Employers
- Table 7: The UK Death in Service Benefits - Bereavement Allowance (2017-2018)
- Table 8: The UK - SSP Amount for Employees
- Table 9: The UK Workmen’s Compensation - Payment of Cons
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- 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 THE UK
- 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 Benefits
- 6.1.6 Payment Options
- 6.1.7 Employee and Employer Contributions
- 6.1.8 Taxation
- 6.2 Death in Service
- 6.2.1 Introduction
- 6.2.2 Eligibility
- 6.2.3 Benefits
- 6.2.4 Payment Options
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