Employee Benefits in Botswana

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Main Title
Market Research Report 
Employee Benefits in Botswana
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Synopsis The report provides in-depth industry
analysis, information and insights into employee
benefits in Botswana, including An overview
of state and compulsory benefits in Botswana
Detailed information about private benefits in
Botswana Insights into various central
institutions responsible for the administration
of the different branches of social security 
The regulatory framework for employee benefits in
Botswana
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Report OverviewThe Republic of Botswana has a
range of social security programs which cover the
countrys citizens, as well as people belonging
to poor and vulnerable groups in rural
communities. According to the National Policy for
Rural Development (Government of Botswana - GoB,
2002), the aim of these programs is to reduce
poverty and provide a social safety cover to all
Botswanan individuals. These include the
Universal Old-age Pension, the Orphan Care
Program, the Labor-Based Drought Relief Program,
Supplementary Feeding for Vulnerable Groups, and
the Program for Destitute Persons. The Botswana
Federation of Trade Unions (BFTU) is the workers
labor federation representing the countrys
laborers. In 1997, Botswana published a document
now known as Vision 2016, which projects that
poverty will be eradicated in the country by
2016. Pensions play a vital role in enhancing the
earnings of the countrys workforce after
retirement. The government is also focusing on
improving the social security framework to
prevent people from falling into poverty. Private
employers also provide benefits to employees in
addition to mandatory employee benefits.
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Scope This report provides a detailed analysis
of employee benefits in Botswana 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, short-term sickness,
medical benefits, workmens compensation,
maternity and paternity benefits, family
benefits, severance benefits and private
benefits It highlights the economic and
regulatory situations relating to employee
benefits in Botswana
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Key Highlights Botswana has a fragmented and
unsystematic social security system. Pensions
play a vital role in enhancing the
post-retirement earnings of the countrys
workforce. Most public and private sector
employees, and of parastatal institutions in
middle and senior levels, are covered by the
Botswana Public Officers' Pension Fund
(BPOPF). Government employees who are not
covered under the BPOPF are covered under the
unfunded pension plan, which is financed from
government revenues. Senior managers at trade
unions are given extensive non-wage benefits,
such as car, housing and entertainment allowances
to avoid the government salary limit on
parastatal pay. 
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Table of Contents 1 Executive Summary  2
Introduction3 Country Statistics 4 Overview of
Employee Benefits in Botswana 5 Regulations 6
State and Compulsory Benefits7 Private
Benefits8 Macroeconomic Indicators9 Appendix
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List of Tables 1 Definitions 2 Botswana -
Country Statistics 3 Botswana - Minimum Wage Rates
List of Figures 1 Botswana GDP at Constant
Prices (US Billion), 2008-20122 Botswana GDP
Per Capita at Constant Prices (US), 2008-20123
Botswana GDP at Current Prices (US Billion),
2009-20134 Botswana GDP Per Capita at Current
Prices (US), 2009-20135 Botswana GDP by Key
Sector (), 2009-20126 Botswana Inflation Rate
(), 2008-20137 Botswana Annual Average Exchange
Rate US-BWP, 2009-2013 8 Botswana Total
Population (Million), 2008-2012 9 Botswana Size
of Labor Force (Million), 2008-2012 10 Botswana
Urban and Rural Populations (), 2009-2013
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Reason To Buy Make strategic decisions using
in-depth information related to employee benefits
in Botswana Assess the Botswanas employee
benefits market, including state and compulsory
benefits and private benefits Gain insights
into the key employee benefit schemes offered by
private employers in Botswana Gain insights
into key organizations governing Botswanas
employee benefits, and their impact on
companies To Get Details http//www.reportscue
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