Health insurance broker and employee benefits specialist Pacific Prime has announced the launch of their first-ever report on Global Employee Benefits Trends, providing an overview of the key trends and the forces shaping them.
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Pacific Prime is thrilled to announce the release of their first-ever report on the top global employee benefits trends of 2020!
The Global Employee Benefits Trends Report 2020 outlines the top 6 employee benefits trends, followed by an in-depth analysis of each trend. This is complemented by interesting statistics, case studies, as well as practical tips on how to implement the trends in question. Based on insights from Pacific Prime’s in-house employee benefits consultants, the trends are identified as follows:
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● The refinement and reassessment of group health insurance coverage
● The adoption of technology
● Mental health benefits
● Family-friendly benefits
● Flexible working arrangements
● Financial wellbeing
Against the backdrop of the unprecedented COVID-19 pandemic this year, resulting in job insecurity, mass unemployment, as well as a rapid shift towards work-from-home policies, the report explores the shifting priorities of both employees and employers. In addition to the pandemic, the report also looks into the increasingly multi-generational workforce, as well as the need for a greater focus on diversity and inclusion.
Pacific Prime’s report serves as an important resource for employers during this time, examining how these key drivers impact the employee benefits trends, and how it might continue to do so in the years to come.