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Nigerian Employee Benefits - Industry, Analysis, Information and Insights

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Nigeria’s social security system is based on the principle of defined-benefits (pay-as-you-go), and is generally managed by the state government. The social security system covers a limited number of benefits and provides them based on the insured’s contribution period. Nigeria also has an informal social security system to which people can contribute voluntarily. Get more details of report at: – PowerPoint PPT presentation

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Title: Nigerian Employee Benefits - Industry, Analysis, Information and Insights


1

Main Title
Market Research Report 
Employee Benefits in Nigeria
reportscue
2

Synopsis The report provides in-depth industry
analysis, information and insights into employee
benefits in Nigeria, including An overview of
state and compulsory benefits in Nigeria
Detailed information about private benefits in
Nigeria Insights into various central
institutions responsible for the administration
of the different branches of social security 
The regulatory framework for employee benefits in
Nigeria
3

Report OverviewNigerias social security
system is based on the principle of
defined-benefits (pay-as-you-go), and is
generally managed by the state government. The
social security system covers a limited number of
benefits and provides them based on the insureds
contribution period. Nigeria also has an informal
social security system to which people can
contribute voluntarily.
Scope This report provides a detailed analysis
of employee benefits in Nigeria 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, medical benefits, workmens
compensation, maternity and paternity benefits,
housing funds, and leave It highlights the
economic and regulatory situations relating to
employee benefits in Nigeria
4

Key Highlights Nigerias social security
system is based on the principle of
defined-benefits (pay-as-you-go), and is
generally managed by the state government. The
system consists of two branches a mandatory
individual account system and a social insurance
system. Private benefits granted by employers
in Nigeria include company cars, mobile phones,
stock option plans, group life insurance plans,
dental benefits, and cross-border pension
plans. 
5

Table of Contents 1 Executive Summary 2
Introduction3 Country Statistics 4  Overview
of Employee Benefits in Nigeria 5 Regulations 6
State and Compulsory Benefits 7 Private
Benefits 8 Macroeconomic Indicators 9 Appendix
6

List of Tables 1 Definitions 2 Nigeria -
Country Statistics, 2011-2014 3 Workmen's
Compensation - Percentage of Disability
List of Figures 1 Major Institutions of the
Nigerian Social Security System2 Nigerian GDP at
Constant Prices (US Billion), 2008-20123
Nigerian GDP Per Capita at Constant Prices (US),
2008-20124 Nigerian GDP at Current Prices (US
Billion), 2008-20125 Nigerian GDP Per Capita at
Current Prices (US), 2008-20126 Nigerian GDP by
Key Sector (), 2008-20127 Nigerian Inflation
Rate (), 2008-20128 Nigerian Annual Average
Exchange Rate US-NGN, 2008-20129 Nigerian
Unemployment Rate (), 2008-201210 Nigerian
Gross National Disposable Income (US Billion),
2008-201211 Nigerian Total Population (Million),
2008-201212 Nigerian Size of Labor Force
(Million), 2008-201213 Nigerian Urban and Rural
Populations (), 2008-2012
7

Reason To Buy Make strategic decisions using
in-depth information related to employee benefits
in Nigeria Assess the Nigerian employee
benefits market, including state and compulsory
benefits and private benefits Gain insights
into the key employee benefit schemes offered by
private employers in Nigeria Gain insights
into key organizations governing Nigerian
employee benefits, and their impact on
companies To Get Details http//www.reportscu
e.com/employee-benefits-in-nigeria-market
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