Market Research Report

Employee Benefits in the Dominican Republic

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Synopsis:
The report provides in-depth industry analysis, information and insights into employee
benefits in the Dominican Republic, including:
An overview of state and compulsory benefits in the Dominican Republic

Detailed information about private benefits in the Dominican Republic

Insights into various central institutions responsible for the administration of the different
branches of social security
The regulatory framework for employee benefits in the Dominican Republic

Report Overview:
The Dominican Republic has a comprehensive social security system. There are three
schemes under which social security benefits are granted to the countrys residents and
citizens: a contributory scheme that covers employees, a contributory subsidized scheme for
self-employed individuals and technicians that is yet to be implemented, and a fully
subsidized scheme that covers unemployed and severely disabled persons who do not have
a stable income and earn below the minimum wage.
The 2003 economic crisis forced the government to reduce public social spending,
discontinue several programs and focus on the social protection of the countrys poorest
residents through the introduction of the solidarity card and programs like the eating first
incentive program, attendance incentive and incentive for higher education

Scope :
This report provides a detailed analysis of employee benefits in the Dominican Republic:
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-inservice benefits, long-term disability benefits, short-term sickness, medical benefits,
workmens compensation, maternity and paternity benefits, solidarity benefits, leave and
holidays, and overtime compensation
It highlights the economic and regulatory situations relating to employee benefits in the
Dominican Republic

Key Highlights :
The Dominican Republic has a comprehensive social security system.
There are three schemes under which social security benefits are granted to the countrys
residents and citizens: a contributory scheme, a contributory subsidized scheme and fully
subsidized scheme.
Retirement benefits, death benefits, disability benefits, short-term sickness benefits,
maternity benefits and workmens compensation benefits form a part of state and
compulsory benefits in the Dominican Republic.
personal development and training activities, car allowance, share option plan, health and
safety programs, family benefits, housing allowance, dental insurance, sales incentive and
childcare benefits are some of the private benefits.

Table of Contents:
1 Executive Summary
2 Introduction
3 Country Statistics

4 Overview of Employee Benefits in the Dominican Republic

5 Regulations
6 State and Compulsory Benefits

7 Private Benefits
8 Macroeconomic Indicators
9 Appendix

List of Tables:
1 Definitions
2 The Dominican Republic - Country Statistics
3 Contribution - Workmen's Compensation
4 The Dominican Republic - Public Holidays

List of Figures:
1 Major Institutions of the Dominican Social Security System
2 The Dominican Republic GDP at Constant Prices (US$ Billion), 2008-2012
3 The Dominican Republic GDP Per Capita at Constant Prices (US$), 2008-2012
4 The Dominican Republic GDP at Current Prices (US$ Billion), 2008-2012
5 The Dominican Republic GDP Per Capita at Current Prices (US$), 2008-2012
6 The Dominican Republic GDP by Key Sectors (%), 2008-2012
7 The Dominican Republic Inflation Rate (%), 2008-2012
8 The Dominican Republic Annual Average Exchange Rate US$-DOP, 2008-2012
9 The Dominican Republic Unemployment Rate (%), 2008-2012
10 The Dominican Republic Household Consumption Expenditure (US$ Billion), 2008-2012
11 The Dominican Republic Total Population (Million), 2008-2012
12 The Dominican Republic Size of Labor Force (Million), 2008-2012
13 The Dominican Republic Urban and Rural Population (%), 2008-2012

Reason To Buy :
Make strategic decisions using in-depth information related to employee benefits in
Dominican Republic
Assess the Dominican Republics employee benefits market, including state and
compulsory benefits and private benefits
Gain insights into the key employee benefit schemes offered by private employers in
Dominican Republic
Gain insights into key organizations governing Dominican Republics employee benefits,
and their impact on companies

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