Thailand provides universal healthcare via three systems: the civil welfare system for government workers, social security for private employees (expats and nationals), and a universal health plan accessible to all other Thai citizens.
Employees are assigned a local hospital where they may get free treatment from the social security fund. The quality of treatment varies across hospitals, and many are overcrowded and lack a customer service approach.
As a supplementary benefit, a company may offer supplemental health insurance to an employee. Most executives and expats seek additional health and life insurance, and a small business may offer a stipend in place of obtaining insurance.
While not required, a provident fund is a popular employer perk that encourages retirement savings. Employer contributions must always be equal to or higher than employee contributions.
Employee contributions are advantageous since they are pre-tax. Employee contributions will be treated as pre-tax savings deposits. The contribution rate should be no less than 2% but no more than 15% of earnings (depending on an agreement between the employer and the trustee). Employer payments will be treated as a subsidy to employees. The benefit offering may be made subject to a variety of criteria, including working time, membership, job title, and pay rate.
In the event of retirement or termination, the Provident Fund's cumulative balance will be paid in a lump payment at the end of the membership period.