Unemployment Benefits

What are Unemployment Benefits?

 

‘Unemployment Benefits’ refers to the benefits provided by the government or any other authority to unemployed individuals to help them financially as they do not have any source of income.

 

Different countries have different unemployment benefits policies with some offering basic support for food and shelter, while others taking care of medical expenses too while others also actively support finding a job for the individual.

 

While it is considered to be a responsibility of the government in most countries, the responsibility might also be undertaken by the trade unions of some countries, such as the Ghent system of Belgium.

More HR Terms

Human Resource Planning

What is Human Resource Planning?   ‘Human Resource Planning’ refers to setting the goals for the HR department and planning the process to achieve that

Labor Law Posting

What is Labor Law Posting?   ‘Labor Law Posting’ refers to the mandated practice of displaying posters that detail basic employee rights in those places

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