Category Archive For "Employee benefits"
Presenting Pacific Prime’s Global Employee Benefits Trends Report 2022
So much has changed in the past few years, owing to factors such as the global pandemic, the “Great Resignation”, Gen Z taking over workspaces, hybrid working arrangements, and more. The year 2022 has indeed been interesting for HR managers and industry leaders. And in this third edition of Pacific Prime’s Global Employee Benefits Trends …
Understanding the basics of cyber insurance
Before we get into the details, let’s begin by answering the question: “What is cyber insurance?” Cyber insurance, also known as cyber liability insurance coverage or cyber risk insurance, helps companies cover financial damages related to data breaches and cyber-attacks. In this day and age, this kind of insurance is essential as the cost of …
Your complete guide to MPF in Hong Kong
What’s the best way to improve financial wellness across the workforce, retain experienced employees, and attract top talent for years to come? The answer lies with Hong Kong’s government-mandated approach – the Mandatory Provident Fund (MPF). In this guide by Pacific Prime Hong Kong, we will go over what the MPF is, the benefits for …
Top tips for Hong Kong workers facing burnout
A whopping 95% of employees in Hong Kong feel as though they could burn out this year, found a recent Mercer study. The study also revealed that unfair treatment and compensation are concerns affecting HK workers. While 93% of employees in the SAR expressed job satisfaction, that won’t seem to stop the 40% or so …
Hong Kong’s New World Group to test 4.5-day work week
Hybrid working culture is here to stay. Post-COVID-19-pandemic many employees across the world are choosing to work remotely, and if their current job does not grant such benefits, they are finding new jobs that do. The phenomenon is known as the Great Resignation of 2022. In the wake of the new revolution and to maximize …