U.S. is worst among developed nations for worker benefits
The U.S. ranks last among industrialized countries relative to employee benefits like healthcare, paid leave, vacation days, unemployment and retirement, according to Zenefits.
States can raise their standards from federal minimums.
Americans have it worse than all other developed nations when it comes to benefits for workers, according to a new ranking.
The U.S. places last relative to its national policies around healthcare, unemployment, retirement, parental leave, and paid vacation and sick days, according to Zenefits, a human resources firm.
The Czech Republic, Latvia, South Korea and Mexico joined the U.S. among the five least-generous countries. Denmark, the Netherlands, Finland, Sweden and Switzerland were the top nations for worker benefits.
The U.S., for example, is the only advanced nation that doesn’t guarantee paid vacation time to workers, according to the Center for Economic and Policy Research. By comparison, Europeans get at least 20 days of legally mandated vacation days, and some countries require at least 30.
It’s also the only industrialized nation that doesn’t offer universal healthcare for its citizens. The U.S. spends more on healthcare than other high-income countries relative to the size of its economy. However, it also has the highest number of hospitalizations from preventable causes and the highest rate of avoidable deaths relative to other nations.
U.S. is worst among developed nations for worker benefits
The U.S. ranks last among industrialized countries relative to employee benefits like healthcare, paid leave, vacation days, unemployment and retirement, according to Zenefits.
States can raise their standards from federal minimums.
Americans have it worse than all other developed nations when it comes to benefits for workers, according to a new ranking.
The U.S. places last relative to its national policies around healthcare, unemployment, retirement, parental leave, and paid vacation and sick days, according to Zenefits, a human resources firm.
The Czech Republic, Latvia, South Korea and Mexico joined the U.S. among the five least-generous countries. Denmark, the Netherlands, Finland, Sweden and Switzerland were the top nations for worker benefits.
The U.S., for example, is the only advanced nation that doesn’t guarantee paid vacation time to workers, according to the Center for Economic and Policy Research. By comparison, Europeans get at least 20 days of legally mandated vacation days, and some countries require at least 30.
It’s also the only industrialized nation that doesn’t offer universal healthcare for its citizens. The U.S. spends more on healthcare than other high-income countries relative to the size of its economy. However, it also has the highest number of hospitalizations from preventable causes and the highest rate of avoidable deaths relative to other nations.
https://www.cnbc.com/2021/02/04/us-is-worst-among-rich-nations-for-worker-benefits.html?