Benefits & Policies Review
Thorough reviews on your existing medical benefits are essential to increase your company competitiveness in terms of talent management. By studying an overview of practices in Hong Kong market and worldwide scenario (especially the current models adopted by the headquarters), and making comparisons among various proposals offered by leading insurance companies, we benchmark and formulate comprehensive medical benefits, life insurance, and dental insurance for the workforce. Our review will be studied thoroughly to ensure the comparison is competitive yet cost effective. This could be applied with annual deductible or selective options to reduce the cost of the company but to maintain a comprehensive coverage for the needs of employees.
We also assist in establishing or reviewing employee handbook to ensure your company policies are up-to-date. The review consists of the balance of benchmarking with industry norms and maintaining headquarters’ practice. Policy reviews include annual leave entitlement, termination notice period, garden leave, non-solicitation after termination, rental reimbursement scheme, compliance policy, block leave etc.
Policy management will be reviewed and modified to cope with your company’s objectives and development process.
Scope of Services
Conduct current policy review
Generate reports on current local and worldwide practices
Benchmark and formulate comprehensive policy models
Set up and tailor-make benefit schemes
Perform annual reviews and make adjustments for medical renewals