Parenting and Productivity: A Winning Workplace Formula Focused on Employee Benefits and Wellbeing
In today’s evolving work environment, employee wellbeing stands as a cornerstone of successful organizations. For working parents, balancing professional duties with family life is critical not only for personal happiness but also for workplace productivity. Companies that prioritize family-friendly policies and employee benefits not only retain top talent but also foster a culture of trust, loyalty, and wellbeing.
Employer’s Legal Liability Beyond Work Injury Compensation
Employer’s liability refers to the legal responsibility that the employees made to their employer in the employees’ bodily injury claims due to the employer’s intentional act, negligence or liability without fault.
Although most people’s first reaction could be work injury compensation, in fact, the employer’s legal liability includes many other aspects not limited to that.
Protecting businesses against a rising cyber threat
A rapidly changing cyber risk landscape requires companies to reassess defence levels regularly to minimise potential damage to their balance sheets and reputations. While cyber insurance underwriters have become very selective in their approaches, this process is having a positive effect in helping companies to identify and address their weaknesses.
Travelling Aboard – From A Risk Management Perspective
With China’s increasing foreign trade and cultural exchange with the world, Chinese people travelling for business and leisure purposes becoming more and more frequent. When travelling abroad, the problems faced by the people can be related to language, local customs and habits, region and culture, safety, transport, medical needs and many situations differ from those in China. From a risk management perspective, these differences imply risks. Some of them could be relatively riskier than others which need better preparations and serious precautions.
Professional Indemnity – Protector for Working Class
As a broker, we have seen a continuous rise of enquiries about Liability Insurance in China recently, with an especially high attention on Professional Indemnity. This article is a brief discussion of its basics, the industries needed to buy Professional Indemnity Insurance (PI) and the main aspects affecting its pricing. What is Professional Indemnity Insurance? Professional Indemnity Insurance is designed to protect insured businesses from claims arising from their mistakes, errors or omissions of their professional services. Whether if they are lawyers, medical practitioners, consultants or engineers, this type of insurance can provide them with the necessary protections to ensure […]
Driving Gender Equality and Empowering Women Leaders in the Workplace
In today’s rapidly evolving business landscape, talent scarcity has become a pressing concern across industries. Factors such as an aging population, declining fertility rates, widening wealth disparities, and the emergence of generative AI and Web3 developments contribute to the complexities of fostering gender equality. To create an inclusive culture at work that empowers and supports women leaders, organizations must proactively address the following challenges: Societal Pressures on Caregiving Responsibilities In Hong Kong, almost half of working adults have caregiving responsibilities, with women bearing the majority of this burden of caregiving for both the elderly and children, including those with special […]
Employee Wellbeing: The key to success in the future of work
Author : Stella Sung, Senior Vice President of Head of People Solutions, North Asia, Lockton Companies (Hong Kong) Ltd. Employee wellbeing has been a widely discussed topic over the past year. The pandemic has certainly transformed the way employees think about work. Employee wellbeing is now more important than ever. So, what exactly is employee wellbeing? Today, it has expanded beyond physical health such as gym memberships, yoga classes or health checkup. Physical health is just one piece of the puzzle. It has now been broadened to other area of focuses, particularly in mental, financial, and social wellbeing. With the […]
Navigating the Future of Healthcare Benefits and Elevating DE&I
In an interview with Lockton Companies, Stella Sung, SVP and Head of People Solutions – North Asia, delves into how they promote diversity, equity, and inclusion (DE&I) within their organisation, as well as the best approaches for HR leaders to implement it in their own organisations and also how businesses can stay updated with these advancements. The contents of this article were originally published in Manage HR Magazine. For further information please visit Lockton’s People Solutions page, or contact: Vivi Kwok, Vice President, Wellbeing and Growth Marketing E: vivi.kwok@lockton.com
SPAC Should Not Ignore Cybersecurity Risks
The pandemic made the worldwide progress in digital transformation faster and it has become a focus. Breakthroughs in technology like Artificial intelligence, blockchain, internet of things and virtual reality, etc. are as well reshaping our future. Meanwhile, new economics and technologies bring challenges to security, privacy and ethics. The Network Security Director of KPMG said that hackers can always invade the systems and businesses have no options but to accept this reality. The key is to cut down the duration of the invasion and time needed to detect hacking activities. For SPACs and their sponsors, although their cybersecurity risks are […]
How to mitigate growing Maritime Cyber Risks
The global maritime industry is embracing the fast-evolving digital age, from GPS, ECDIS, AIS, ENC, ERS and e-B/L to full smart shipping. Soon, we will see fully remote and autonomously controlled smart ships navigating the oceans. As the world becomes increasingly more digital, the associated risks involved are growing exponentially, which at the same time also means higher expectations of the insurance industry. The main cyber risk trends we have seen in recent years include an increase in both frequency and severity of ransomware attacks, more sophisticated business emails making compromising attacks in the ‘deep fake’ era, targeted ‘zero day’ […]
