Category Archive For "Employee Benefits"
How Long is Paternity and Maternity Leave in Singapore?
Becoming parents for the first time is an emotional roller-coaster of an experience. From having prenatal check-ups and choosing the delivery method to figuring out Singapore parental leave laws and getting health insurance for your newborn child, there are heaps of things to prepare for. Luckily, Singapore is a city that protects basic employment rights. …
Non-monetary Employee Benefits: What Are the Advantages of a Good Workplace Design?
Good workplace design can increase productivity, performance, and the health and well-being of your workforce. This non-monetary employee benefit is crucial to know as an employer, as perks like competitive salaries, interesting incentives, and a fun culture could be enhanced with the right space. Even if you’re an employer who believes in flexible working hours, …
3 Reasons Why Personalized Benefits Are the Future
Gone are the days when medical, dental, and vision benefits were enough incentives to keep employees satisfied. Instead, nowadays, employees turn to their bosses for support in managing their health, well-being, and other needs. As the workforce’s needs continue to evolve, personalization could be the answer. Personalized benefits allow companies of all shapes and sizes …
How to scale hiring in a new business more efficiently
Many new entrepreneurs wish to grow their new businesses as quickly as possible. If your business is thriving and it’s time to expand, you’re going to require more staff. However, expanding too quickly can also lead to long-term problems that could impact your business. So what can you do to scale hiring in a new …
5 employee benefits lessons we learned from 2022
Like we do every year, Pacific Prime recently launched our Global Employee Benefits Trends Report 2022, exploring the key trends shaping the benefits landscape and offering practical tips for HR professionals pertaining to each trend. As we’re drawing to the end of the year, this Pacific Prime Singapore article will look at a related topic …
Introducing the Global Employee Benefits Trends Report 2022
Pacific Prime’s most awaited report of the year is here! The Global Employee Benefits Trends Report 2022 analyzes the world’s top benefits trends. The report helps HR managers and industry leaders catch up with the latest employee trends to attract and retain employees in 2022. Gone are the days when employees were tracked using fingerprint …
Singapore is ranked No.2 globally for best talent – here’s everything you need to know
According to the Global Talent Competitiveness Index (GTCI) 2022, Switzerland, Singapore, and Denmark are the most talent-competitive countries, with Switzerland and Singapore leading the chart at number one and two respectively. The 9th edition of the report covers 133 countries and 175 cities from 79 economies across the world among all income groups. Singapore is …
Rates of Employee Burnout in Singapore Are Among the Highest in the World
Year after year, Employee burnout in Singapore remains top in the world and 2023 is no different. There seems to be a lack of open conversations about it at workplaces, which raises mental health concerns for employees. According to Milieu’s 2023 report focusing on HR professionals in Singapore, at least 75% of them experience burnout …
What is an employee benefits consultant, and why might I need one?
As medical and health insurance costs continue to rise, so do employees’ expectations of employee benefits. This, coupled with the ever-evolving global regulatory landscape, can make it hard for any HR team and business owner to find, implement, and manage benefits packages that remain contextualized to their business’ and employees’ needs. As a result, a …
Singaporean employees want flexible working arrangements as the norm
Singapore’s COVID-19 multi-ministry task force recently announced that all employees can now return to the workplace. But as it turns out, not all employees want to. Like many of their global counterparts, employees in the Lion City have embraced flexible working arrangements and work from home (WFH) arrangements amidst the COVID-19 pandemic, and want this …
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