{"id":2164,"date":"2020-11-05T17:36:55","date_gmt":"2020-11-05T09:36:55","guid":{"rendered":"https:\/\/www.pacificprime.co.uk\/blog\/?p=2164"},"modified":"2020-11-05T17:36:55","modified_gmt":"2020-11-05T09:36:55","slug":"introducing-global-employee-benefits-trends-report","status":"publish","type":"post","link":"https:\/\/www.pacificprime.co.uk\/blog\/introducing-global-employee-benefits-trends-report\/","title":{"rendered":"Introducing our first-ever Global Employee Benefits Trends Report"},"content":{"rendered":"<p>COVID-19 has dealt a tremendous blow to employee productivity, and unemployment rate. As the world wrestles with the pandemic, it\u2019s more important than ever to dive into the areas that keep your employees engaged, while ensuring the costs do not increase and remain sustainable. For this reason, we are proud to introduce Pacific Prime\u2019s very first <a href=\"https:\/\/www.pacificprime.com\/corporate\/global-employee-benefits-trends-2020\">Global Employee Benefits Trends report<\/a>!<\/p>\n<p>Through in-depth analysis, our in-house experts will break down the top 6 global employee benefits trends all over the world. Supplemented with interesting statistics, illustrations, with a side of multifaceted case studies, this report is a new addition to our <a href=\"https:\/\/www.pacificprime.com\/corporate\/resources\/\">wealth of corporate resources<\/a>. Read on for a quick summary of the best employee benefits trends in 2020.<\/p>\n<style type=\"text\/css\"><!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--><\/style>\n<p><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:573,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;12&quot;:0}\"><div class='code-block code-block-4' style='margin: 8px 0; clear: both;'>\n<p><a href=\"https:\/\/www.pacificprime.com\/assets\/pdf\/PP%20Brochure%20-%20Corporate%20(Web).pdf?campSource=PPUK-Blog&utm_source=blog&utm_medium=content_banner&utm_campaign=banner&utm_content=corporate\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-775\" src=\"https:\/\/i0.wp.com\/www.pacificprime.co.uk\/blog\/wp-content\/uploads\/2020\/02\/PPUK-blog-banners-1138x493-px_02-07.jpg?resize=700%2C303&#038;ssl=1\" alt=\"Corporate insurance banner\" width=\"700\" height=\"303\" \/><\/a><\/p><\/div>\n<\/span><\/p>\n<h2>Top 6 global employee benefits trends in 2020<\/h2>\n<p>In this section, you will find a snapshot of this year\u2019s hottest employee benefits trends. Don\u2019t have time to read? We\u2019ve got you covered with a handy <a href=\"https:\/\/www.pacificprime.com\/resources\/infographic-global-employee-benefits-trends-report-2020\/\">infographic<\/a> and an easy-to-follow video if you prefer a more visual medium.<\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" width=\"700\" height=\"394\" src=\"https:\/\/www.youtube.com\/embed\/BN_6dO40JTA?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en-US&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span><\/p>\n<h3>1. Refinement and reassessment of group health insurance<\/h3>\n<p>Medical coverage remains the number one priority for employees. A solid health plan does wonders for retaining talents. As health insurance premiums continue to rise year-on-year, so too, does the need for medical coverage post-COVID-19. Increasingly, employers across the board are looking for ways to adjust and optimize group health insurance plans to save costs.<\/p>\n<h3>2. Adoption of technology<\/h3>\n<p>Within their employee benefits programs, companies are increasingly interested in adopting more technology. In 2020 and beyond, we\u2019ll likely see two main types of technology: HR technology and telemedicine. To an increasingly young, tech-inclined workforce, HR apps and tools will offer much-needed personalization and flexibility. Telemedicine, on the other hand, lets employees stay at home amidst pandemic-related fears.<\/p>\n<h3>3. Mental health benefits<\/h3>\n<p>COVID-19 has taken a toll on all workers\u2019 mental health this year. No doubt a great many employees are stressed and anxious about their job security. What\u2019s more, mental health stigma seems to be on the decline. More employees are looking to include mental health coverage in their place of work.<\/p>\n<h3>4. Family-friendly benefits<\/h3>\n<p>Employees are looking to support their families in more ways than one. Family-friendly benefits, therefore, are very much welcomed. Organizations that take care of their workers in both their personal and professional lives will have a better shot at retaining their workforce. Several examples of these benefits include paid caregiving leave and paid bereavement leave.<\/p>\n<h3>5. Flexible working arrangements<\/h3>\n<p>The pandemic has upheaved our way of living and working. Businesses and workers alike realize simultaneously that working at home is doable. For weeks, employees type away at home during lockdowns and social-distancing protocols. With companies like Twitter and Microsoft Japan leading this remote work shift, workers are likely to look for employee benefits such as remote work benefits and a four-day work week.<\/p>\n<h3>6. Financial wellbeing<\/h3>\n<p>Who doesn\u2019t like to feel financially secured with the ability to do with their money as they please? The pandemic has made it so backup plans are especially pertinent. No one expected COVID-19, nor the need to shoulder expensive medical costs for a new disease. Taking care of your employees\u2019 financial wellbeing ensures higher productivity. Your workers will be less likely to take leave from work with benefits, such as loans and pension schemes.<\/p>\n<h2>Implementing the employee benefits trends into your group health plan<\/h2>\n<p>Now that you have a glimpse of the top 6 employee benefits trends in 2020, what should your next steps be? <a href=\"https:\/\/www.pacificprime.com\/corporate\/global-employee-benefits-trends-2020\">Download our Global Employee Benefits Trends Report 2020<\/a> for free today to receive expert insights, and practical tips on taking your group plan to the next level! Encased within are easy-to-follow graphics, and relevant case studies.<\/p>\n<p>Of course, you\u2019ll also receive detailed analysis by our in-house insurance experts on the factors that shape the 2020 employee benefits trends:<\/p>\n<ul>\n<li><strong>The COVID-19 pandemic<\/strong> which has created mass unemployment and job insecurity, and has shaken up the way we traditionally do work.<\/li>\n<li><strong>Soaring unemployment<\/strong> forces workers to seek out freelance work.<\/li>\n<li><strong>An increasingly multi-generational workforce<\/strong> translates to an employee benefits plan that delicately balances the differing needs and expectations of the various generations.<\/li>\n<li><strong>A world celebrating diversity<\/strong> requires incorporating benefits that appeal to a diverse workforce.<\/li>\n<\/ul>\n<p>Get in touch with <a href=\"https:\/\/www.pacificprime.com\/corporate\/\">Pacific Prime\u2019s corporation team<\/a> for a consultation on implementing employee benefits today. With 20 years of experience in the insurance brokers industry, our expert advisors are more than capable of tailoring a group health plan that is perfect for you. <a href=\"https:\/\/www.pacificprime.com\/corporate\/contact-us\/\">Contact us now<\/a> for answers to all of your employee benefits questions!<\/p>\n<style type=\"text\/css\"><!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--><\/style>\n<p><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:573,&quot;3&quot;:{&quot;1&quot;:0},&quot;5&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;6&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;7&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;8&quot;:{&quot;1&quot;:[{&quot;1&quot;:2,&quot;2&quot;:0,&quot;5&quot;:[null,2,0]},{&quot;1&quot;:0,&quot;2&quot;:0,&quot;3&quot;:3},{&quot;1&quot;:1,&quot;2&quot;:0,&quot;4&quot;:1}]},&quot;12&quot;:0}\"><div class='code-block code-block-7' style='margin: 8px 0; clear: both;'>\n<p><a href=\"https:\/\/www.pacificprime.com\/corporate\/?campSource=PPUK-Blog&utm_source=blog&utm_medium=cta_banner&utm_campaign=banner&utm_content=corporate\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-780\" src=\"https:\/\/i0.wp.com\/www.pacificprime.sg\/blog\/wp-content\/uploads\/2019\/06\/PPSG_Bus_01.jpg?resize=700%2C303&#038;ssl=1\" alt=\"Business Insurance banner\" width=\"700\" height=\"303\" \/><\/a><\/p><\/div>\n<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>COVID-19 has dealt a tremendous blow to employee productivity, and unemployment rate. As the world wrestles with the pandemic, it\u2019s more important than ever to dive into the areas that keep your employees engaged, while ensuring the costs do not increase and remain sustainable. For this reason, we are proud to introduce Pacific Prime\u2019s very &#8230;<\/p>\n","protected":false},"author":23,"featured_media":2168,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[742],"tags":[1276,765,101,766,630,1277,1274,1273,96,1275],"class_list":["post-2164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-employee-benefits","tag-2020-gebt","tag-ban_cor","tag-corporate-insurance","tag-cta_cor","tag-employee-benefits","tag-employee-benefits-trends","tag-gebt","tag-global-employee-benefits-trends-report","tag-group-health-insurance","tag-industry-report"],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.pacificprime.co.uk\/blog\/wp-content\/uploads\/2020\/11\/2020-09-PP-GEBT_cover_image.png?fit=1139%2C494&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pcnTsc-yU","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=2164"}],"version-history":[{"count":4,"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2164\/revisions"}],"predecessor-version":[{"id":2169,"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2164\/revisions\/2169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/media\/2168"}],"wp:attachment":[{"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=2164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=2164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pacificprime.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=2164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}