Login / Register

User Name
Password

Search



Advanced Search

Advertisers

unemployment benefit issue


Tags
benefit

Reply
 
Tools Rate
  #1  
Old 04-07-2008, 07:00 AM
Registered User
 
Join Date: Jul 2008
Posts: 1
Adeline is on a distinguished road
unemployment benefit issue

Hello,

I am half Swiss/French working for a company based in Switzerland. In my home country, I pay unemployment benefits and I get unemployment allowances if I loose my job.

When my company send me in Hong Kong, I will stop paying unemployment benefit in my home country. What happen if I loose I my job ? Does it exist an alternative scheme for expatriate such as insurance or other kind of contract that is equivalent to unemployment benefits and would give them the rights to received unemployment allowances if they loose involuntary their job in HK ? Does that kind of insurance (if it exist) enable them to receive also their unemployment in their home country if they return home ?

Many thanks

Adeline
Reply With Quote
  #2  
Old 04-07-2008, 09:29 AM
MovingIn07's Avatar
Registered User
 
Join Date: Mar 2007
Location: Gold Coast Marina
Posts: 1,117
MovingIn07 has a reputation beyond reputeMovingIn07 has a reputation beyond reputeMovingIn07 has a reputation beyond reputeMovingIn07 has a reputation beyond reputeMovingIn07 has a reputation beyond reputeMovingIn07 has a reputation beyond reputeMovingIn07 has a reputation beyond reputeMovingIn07 has a reputation beyond reputeMovingIn07 has a reputation beyond reputeMovingIn07 has a reputation beyond reputeMovingIn07 has a reputation beyond repute
I have certainly seen insurance policies for loss of job in other countries, I expect it exists here but, like most insurance, it's usually very expensive and full of catches so "self insurance" - ie putting aside the money you would have spent on insurance into a savings account to tide you over if you have to find a new job - may well be a more efficient option!
Reply With Quote
Reply
Similar Threads
Thread Forum
frustrated with unemployment Working in Hong Kong
Medical benefit in HK? Everything Else
Expat benefit negotiations Everything Else
Major items in expat benefit package Everything Else
US Tax Benefit to being an Expat Business and Finance


Tools
Rate This Thread
Rate This Thread:


All times are GMT +8. The time now is 04:58 PM.