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

Contingency Approach

What is Contingency Approach ?    The ‘Contingency Approach’ is the management style that adapts as per the situation. It is better at efficiently managing

LOP: Loss of Pay

LOP Full Form The full form of LOP is Loss of Pay. LOP refers to a situation where an employee takes leave without sufficient leave

Contact Us

Contact Us

We use cookies on our website to provide you with the best experience.
Take a look at our ‘privacy policy’