Category Archive For "Employee Benefits"
The Impact of the CrowdStrike Global IT Outage
On July 19th, 2024, what could be considered history’s largest IT outage occurred following a botched software update from security vendor CrowdStrike. This affected up to millions of Windows systems worldwide. Affected systems included those of airlines, financial institutions, and broadcasters. This Pacific Prime article will delve into the CrowdStrike global IT outage and its …
Amazon Mandates Staff to Return to Office Five Days a Week
Starting from the 2nd of January 2025, Amazon’s staff will be returning to the office five days a week as Chief Executive Andy Jassy ends the hybrid work policy in an employee memo to staff, hoping to “boost employee training, bolster collaboration, and strengthen corporate culture”. He also said that he was worried that Amazon, …
Health Insurance Benefits for Employees – Why It’s Important
With so many flashy, new wellness benefits on the rise in the industry, it can be easy to forget about the more common perks like employee medical insurance. Employer-provided health coverage has become the standard foundation benefit for many companies’ platforms. Are you an employer looking to insure the safety and wellbeing of your employees? …
Virtual Layoffs: A Guide for Employers
The rising popularity of remote work and virtual operations has transformed the operation of a modern workplace. Various work-from-home arrangements and remote working policies have constantly been emerging, but the transition to a fully remote workplace is still too early to be called mature. With remote work becoming a ubiquitous demand of every employee and …
Why Paternity Leave is an Essential Benefit for Modern Businesses
In today’s rapidly evolving workplace, the conversation around parental leave has gained significant traction. While many companies have made strides in supporting working mothers, a crucial aspect often overlooked is the importance of paternity leave. This Pacific Prime article explores why paternity leave is not just a nice-to-have perk, but one of the must-have employee …
Rising Healthcare Costs: The Hidden Reason Behind Layoffs
Have you ever imagined rising healthcare costs as a reason for layoffs? It has been an understated cause of layoffs for decades, until a recent National Bureau of Economic Research study demonstrated the correlation between increases in healthcare costs and job termination. Wonder what the logic behind this market interaction is? This Pacific Prime article …
Greece Introduces Six-day Workweek, the First Among EU Nations
In a controversial move that has sparked debate about work-life balance, economic growth, and the future of labor across Europe, Greece has become the first European Union (EU) country to introduce a six-day working week for certain sectors. This new labor regulation, which took effect on July 1, 2024, starkly contrasts the global trend of …
Top 10 Countries with the Best Labor Laws for Expats in 2025
Labor laws vary worldwide, but only a handful of countries prioritize worker well-being. Personal injury law firm Bisnar Chase surveyed 3,000 employees, asking them which international labor laws they wish they could adapt in their own countries. From Canada to Australia, 10 winning countries were picked for their inclusion of laws that addressed job security …
Understanding Maternity Leave Policies in Singapore
Maternity leave is critical to supporting working mothers during the transition into parenthood. Fortunately, Singapore’s government and employers have been collaboratively enhancing maternity benefits and support for working mothers. With Government-Paid Maternity Leave (GPML), it is much easier for working women to balance their career and family plans. The leave period is also sufficient for …
HR’s Guide to Complying with New Employee Benefits Transparency Rules
The Consolidated Appropriations Act, 2021 of the United States seeks to promote fairness, efficiency, and accountability with employer-sponsored health insurance. It aims to enhance transparency of healthcare costs and coverage details, so employees can make informed decisions. Pay transparency is another trend in the corporate world. It involves sharing employee salary information and compensation structures, …
