Egypt
Mandatory employee benefits in Egypt (the social insurance scheme) include a variety of benefits, including medical, pension, disability, sickness, maternity, and family allowances. Common supplementary employee benefits include private medical insurance, disability, life, and retirement. Employees expect a limited number of perks.
Country Insight
Mandatory employee benefits in Egypt (Social Security)
Medical
Egypt’s mandatory medical insurance scheme has three tiers of coverage – low, mid-market, and high-end – that span in-patient and out-patient treatments, maternity, evacuation, dental, and vision, among others.
Mandatory Leaves & Employer Leave Practices
According to Egypt’s labor law, employees receive the following leaves:
- Maternity leave – 90 days of paid maternity leave and 45 days following the birth of a baby.
- Paternity leave – There is no paternity leave in the labor law. However, most employers grant one day when a new baby is born.
- Annual leave – Employees are entitled to 21 days of paid annual leave per year if employed for at least 6 consecutive months.
- Bereavement leave – There is no bereavement leave in the labor law. However, most employers grant 3 to 5 days when there is a death in the family.
Supplementary employee benefits
In addition to Egypt’s mandatory benefits scheme, most employers offer the following insured benefits.
- Private medical insurance– More than 60% of employers offer health insurance via private carriers with a wide network of healthcare providers.
- Life/disability – 34% of employers offer life and disability insurance.
- Pension schemes – About 44% of employers offer private pension schemes in addition to the social insurance pension/retirement scheme.
Other employer-sponsored benefits include death, disability, and pension.
Perks
It is market practice to offer the following allowances:
- Transportation allowance depending on seniority
- Telecommunication allowance depending on job type
- Meal allowance for certain segments (hospitality, manufacturing, etc.)
Associated Insurance Consultants provided this information about employee benefits in Egypt. If you need support with your benefits in the country, please contact Asinta, and we will put you in touch with the local experts at Associated Insurance Consultants.