Azerbaijan: Employee Benefits Update

July 2016: The following changes in employee benefits have been reported back by Asinta’s partner in Azerbaijan, MAI CEE:

Legal/Legislative Changes

Major changes are expected in the near future in Azerbaijan employee healthcare regulations. Healthcare plans are currently paid for by employers on a voluntary basis only, however it is expected that the new regulations will require employers to begin paying for employee healthcare. These changes will be taking place as part of a larger revision of the financial regulation and supervision laws in Azerbaijan.

Market Trends:

There have been no significant changes in the market trends of employee benefits thus far in 2016.