Category Archive For "Employee benefits"
What are the Most Common Types of Employee Benefits in Hong Kong?
Benefits are a standard part of most employee compensation packages these days. For businesses looking to attract and retain the best talent in their industry, offering things like leave allowances, flexible working arrangements, and fringe benefits is vital. Employee health benefits are one of the most common, and most important, perks for both employers and …
Reducing Gender Inequality in the Workplace
Despite gender equality being widely discussed in 2023, discrimination in the workplace continues to be a prevalent issue. Gender inequality in the workplace negatively impacts both companies and employees, underscoring the importance of addressing it. Whether you are a business owner, manager, or employee who is interested in this issue, Pacific Prime Hong Kong is …
7 ways to encourage autonomy in your team
Do your employees have a lot of freedom while they’re working? If so, it’s likely that you have a highly autonomous team that is easier to manage, frees up your time, and even yields better results. If not, it could signal a poor organizational culture where you have little or no trust in your staff. …
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 …