Employee Benefits in Iran

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What are employee benefits?

Employee benefits are any perks or additional compensation that an employee receives as part of their employment package. These can include health insurance, retirement savings plans, paid time off, and more. Employee benefits are intended to attract and retain top talent, and can be an important factor in employee satisfaction and engagement.

employee benefits

What are the reasons that companies in Iran offer employee benefits?

There are a number of reasons why companies in Iran offer employee benefits, including:

1. To attract and retain talent: In a highly competitive labor market, offering employees attractive benefits can help a company attract and retain the best talent.

2. To improve productivity: By investing in their employees’ health and wellbeing, companies can boost employee productivity and performance.

3. To show commitment to employees: Offering employee benefits is one way to show employees that they are valued and that their wellbeing is important to the company.

4. To improve employee morale: happy and healthy employees are more likely to be engaged with their work and have higher morale. This can lead to improved productivity and reduced absenteeism.

What are the most common employee benefits offered in Iran?

There are many employee benefits that are offered in Iran. Some of the top employee benefits include:

1. Health and wellness programs: Many employers in Iran offer health and wellness programs as an employee benefit. These programs can include fitness programs, health screenings, and other wellness services.

2. Retirement savings plans: Employers in Iran often offer retirement savings plans, such as 401(k) plans, as an employee benefit. This can help employees save for retirement and enjoy a comfortable retirement.

3. Education benefits: Many employers in Iran offer education benefits, such as tuition reimbursement, as an employee benefit. This can help employees further their education and improve their skills.

4. Paid time off: Employers in Iran often offer paid time off as an employee benefit. This can help employees enjoy a healthy work-life balance and take time off when they need it.

5. Childcare benefits: Employers in Iran often offer childcare benefits, such as on-site child care or subsidies for child care expenses, as an employee benefit. This can help employees afford quality child care for their children.

Is Employee health insurance a mandatory employee benefit in Iran?

Employee health insurance is mandatory for all employees in Iran. The government regulates how much employers must pay towards employee health insurance premiums, and it also sets maximums on how much employees can contribute towards their own premiums. Employers must provide health insurance coverage to all employees who work at least 30 hours per week, and they must pay at least half of the premium cost for each employee covered.

What is the cost for employee benefits package in Iran?

The average cost of an employee benefits program in Iran is $74 per month. This includes programs such as health insurance, retirement savings, and paid leave. These programs can vary in cost depending on the size of the company and the benefits offered. The average cost for a family of four is $156 per month.

MantraCare offers the most comprehensive and cost-effective employee benefits program starting at $3 per employee.

Who are the top employee benefits providers in Iran?

Allianz is one of the largest employee benefits providers in Iran. They offer a wide range of products and services, including health insurance, life insurance, and retirement planning. Their prices are competitive, and they have a good reputation for customer service.

Geico is another large provider of employee benefits in Iran. They offer a variety of products, including health insurance, life insurance, and disability insurance

MantraCare is the top employee benefits solution provider in Iran. They help design the benefits plan and execute the same with the HR. They offer comprehensive employee benefits programs that promote physical and mental well-being.

Their services include EAP, corporate yoga, physical therapy, chronic condition reversal (for diabetes & hypertension), meditation, work counseling, and more.

In which cities can MantraCare offer Employee Benefits Packages in Iran?

  • Tehran
  • Mashhad
  • Isfahan
  • Karaj
  • Tabriz
  • Shiraz
  • Ahvaz
  • Kahriz

If you are a company in Iran, looking to implement an Employee Benefits program, talk to employee benefits experts at Mantracare: Schedule a Call >