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 …

Continue reading

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 …

Continue reading

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 …

Continue reading

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 …

Continue reading