How can preventative benefits boost employee wellness?

Employers are increasingly focusing on bolstering employee health and wellbeing; this is not a surprise, especially when considering its far-reaching benefits for staff engagement and productivity. While group medical insurance remains a central part of employee benefits packages, the pendulum is swinging towards employee wellness with a strong emphasis on preventative benefits. Today’s Pacific Prime …

Continue reading

Tackling presenteeism at the workplace with employee benefits

The cost of absenteeism is widely known. In fact, unscheduled absenteeism can conservatively cost businesses USD 2,650 for every salaried employee per year. It’s the more camouflaged counterpart, however, that is harder to quantify. According to CIPD research, presenteeism costs twice that of absenteeism. Now, you might be asking, “But what exactly is presenteeism?”, and, …

Continue reading

What should employees do when companies cut healthcare benefits?

With skyrocketing medical costs, employers nowadays are getting more concerned over their insurance budgets, especially within companies which offer more lush insurance plans that include dependent benefits, as well as dental and vision coverage. While companies strive to retain top talent and increase employee engagement with the right mix of benefits, we at Pacific Prime …

Continue reading

Climate change effects that your business should prepare for

Climate change effects businesses in many ways; from physical damage due to strong winds, flood or fire to business interruption and employee liability costs. In light of the recent California wildfires, as well as the large hurricanes seen globally in 2018, climate-related insurance claims have gone up not only for the individual policyholders, but also …

Continue reading

Insurance solutions for international and private schools in a nutshell

Pacific Prime is excited to announce the release of it’s recent International and private school insurance solutions infographic. The infographic supplements Pacific Prime’s School Insurance Guide 2018-2019 – one of many guides and reports that their team is producing to add value to their corporate and individual clients. This handy and clear resource’s aim is …

Continue reading

Five tips to innovate your company’s employee benefits

As an insurance brokerage, we here at Pacific Prime have seen all forms of new and innovative employee benefits. Sometimes these perks are oftentimes so creative that office ping-pong tables or birthday leave seem to pale in comparison. Examples include work anniversary gifts, botox leave, protest training, pawternity leave, and even a dating subsidy. Unique …

Continue reading

Raising breast cancer awareness in the workplace

October marks the Breast Cancer Awareness Month, which is celebrated across the world to increase attention and support for the prevention, early detection, and treatment of breast cancer. Apart from individual efforts, employers can also promote breast cancer awareness by encouraging your valued employees to participate in early detection. It’s not only about reducing the …

Continue reading

How do employee benefits reflect your company culture?

Recently, a New Zealand firm trialed a four-day working week and called it an ‘unmitigated success’, stirring up heated discussions and envy over the Internet. In face of the increasingly competitive talent market, it seems that other than the paycheck, employee benefits package is getting more important in recruiting and retaining employees. As such, the …

Continue reading