Kazakhstan: Employee Benefits Update

September 2, 2016:

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

Legal/Legislative Changes:

New legislation changes concerning the compulsory liability of employers’ have gone into effect on May 11, 2016. These changes include:

• No separation into categories of staff.
• Limit of liability per employee is no more than ten times the minimum salary, as set forth by law (and annually updated).
• Rate schedule has increased.

Market Trends:

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