For this assignment, prepare a short report describing the pay and benefits of a country of your choice. Your only restriction is that you CANNOT use (USA, Canada, Mexico, Brazil, Germany, India, or China). Otherwise, choose a country that is of interest to you.
First, answer the following questions about this country:
1. In which world region is the country located?
2. Are health insurance and/or retirement plans part of a universal “social welfare system” of the country? If so, explain how it is funded and who is allowed to participate in the system.
3. If there is not a universal health system, how do citizens of that country obtain health insurance?
4. Are there any legal requirements for companies regarding retirement benefits?
5. How are wages set in this country? Is there a minimum wage?
6. How many paid-days off are required by law (e.g. holiday, vacation, sick days), if any?
7. What is the country’s legal requirements for maternity/paternity leave and extended sick leave?
8. Did you identify any interesting legally required employee benefits in this country?
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