Introducing Pacific Prime Singapore’s exclusive SME plan with Allianz Care

In a time of economic uncertainty as a result of the COVID-19 pandemic, employers need to be prudent with their budget, while healthcare remains a priority for employees. This conundrum is resulting in a redefinition and reassessment of group health insurance plans. Given this, Pacific Prime Singapore is offering a new and exclusive SME Solutions …

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Four-day work weeks among ideas to improve work-life balance in SG

After the post COVID-19 lockdown, governments and businesses across the world are mulling back-to-office strategies. A four-day working week is among one of the ideas to boost domestic tourism and address persistent work life balance issues. Initially suggested by New Zealand Prime Minister Jacinda Ardern, this idea is gaining traction in other countries including Singapore. …

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5 employee perks your team will love in 2020

Human capital is an extraordinary resource – one that can make or break a firm. According to a study by the London School of Economics, there is a strong correlation between employee wellbeing, employee productivity, and firm performance across all industries and regions. Understanding what employees want and how to incentivize them will, therefore, be …

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Changes to Singapore’s Work Injury Compensation Act in 2020 – What you need to know

In September 2019, Singapore passed a new Work Injury Compensation Act (WICA) which became active from the beginning of 2020. Singapore’s WICA aims to enhance protection measures for workers in Singapore by placing stricter requirements on both businesses and insurers. Naturally, this leads to an increased compliance burden for businesses and insurers in the Lion …

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Work from home productivity tips

Working from home can be a game-changer for those that have never tried it before. However, home is a place filled with many potential distractions that can hamper our focus and productivity in seconds. And while it’s human to make mistakes, this article by Pacific Prime, a global health insurance company in Singapore, will show …

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Non-monetary employee benefits: What are the advantages of a good workplace design?

As an employer, you offer competitive salaries, effective management, a fun culture, pleasant rewards, interesting incentives, and overly generous work benefits. You believe in flexible working hours, issuing business leaves, extensive learning and development, and attractive retirement pension schemes. However, you have come to notice a lack of employee engagement within the workforce. As you …

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Business travel trends around the world in 2020

As the year 2020 approaches, the business travel industry continues to grow exponentially, with experts predicting that global business travel spend will reach USD $1.7 trillion by 2020. There are many significant, fast-paced changes coming up in 2020 including the rise of corporate millennial travelers and the revolutionary impact of technology like artificial intelligence and …

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Is remote work the future?

Traditional office spaces might soon become a thing of the past. At least, that’s what research and statistics surrounding remote work are showing us. According to a Standford University study, there are plenty of benefits to working remotely, ranging from lower costs to greater autonomy. And with 66% of US companies allowing remote work, as …

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Only half of Singaporeans feel content

One in two Singaporeans feels content with life, according to a survey commissioned by AXA Insurance. What’s more, finances appear to be the biggest challenge that prevents people from achieving their life goals. The AXA Better Life Index was created to assess the path Singaporeans are taking to have a “better life”. In this Pacific Prime …

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What types of business insurance solutions are legally necessary in Singapore?

Business insurance is often thought of as just another regulatory requirement, however, it does more than protect you and your business. It also protects your employees, your distributors, and even your customers from potential threats. Imagine the consequences if you’re not insured and your place of business has a fire or an employee gets injured …

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