Towers Watson: 2015 Asia Pacific Benefit Trends
September 22 2015
Across Asia Pacific, employers are continuing to focus on maximising the value derived from the benefits they offer to employees.
Employers face a two-sided challenge. On one hand, benefits are increasingly seen as an integral part of the Employee Value Proposition
— a reward lever that can help attract, retain and engage employees. On the other hand, benefit costs — which already represent a significant
percentage of payroll — continue to rise.
In this context, a “one size fits all” benefit strategy is unlikely to be successful. In order to
be effective, a benefit strategy must be aligned to business objectives, be flexible enough to suit diverse employee needs, and be administered
and communicated in a way that employees find simple and engaging. This is not an easy proposition, but our survey finds that Asia Pacific
employers are taking steps in the right direction, designing innovative and flexible benefits, and using them to help drive business strategy.
-
QBE’s Hammond on transformation and growth
- July 2
The Asia chief executive discusses Covid-19, going digital and restructuring.
-
Swiss Re: Nat cats and man-made disasters in 2018
- April 10
Climate change, increased urbanisation and a growing concentration of assets were on the risk agenda for 2018.
-
Willis Towers Watson: 2019 Asia Market Report
- March 19
Economic uncertainty, more complex risks and tighter underwriting are all influencing Asia's markets.
-
Peak Re: Emerging Asia’s life and health opportunity
- March 11
Life and health premium growth is expected to outpace GDP gains in eight Asian markets.
-
Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The carrier proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
-
Sedgwick | Asia’s Energy Transformation – Balancing Growth, Risk and Renewables
Energy market presents unique risks, especially in a region which includes China and Japan as well as developing nations like Vietnam and the Philippines.
-
Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
-
Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
