Joseph Pernaselli
CHINA: "New Push for Reform: Signals from China's Two Parliamentary Conferences" report. 6-page report by KPMG.
proceed to download
backCHINAtalk June, 2012
Flexible Benefits: An Effective Prescription in China
Since its first appearance in the 1970s, flexible benefits (flex) have become a common benefits element in western countries. Flex is a benefit program that provides a variety of supplemental benefit options to employees based on a predetermined budget. A typical flex program usually includes healthcare and insurance for employees and their families, pension/savings, and work-life benefits such as gym membership, travel benefits, and a flexible spending account. In China and many Asian countries, flex is a recent emergence that has quickly gained the attention and favor of many companies.
Companies most attracted to flex are multinational firms in leading industries (such as pharmaceutical, auto, hi-tech, FMCG, etc.) with large workforce populations and relatively comprehensive pay and benefit systems. All are experiencing the fierce war for talent. To further enhance their employer value proposition and boost recognition of their employee benefits as a way to attract and retain talent, these organizations began to look to flex as a solution.
According to the chart below, about 9.4% of the multinational companies operating in China have already implemented or are currently implementing flex, 17% of the companies have plans to implement flex shortly, and 63% are considering flex.
To read entire article, please click here.
Source: AON - GAI
Impact of China on Central European Automotive Industry
read on
China's Auto Market Revved Up In May
read on
China's Electric Cars No Better Than Ours
read on
How US Automotive Manufacturers Can Improve Sales of Premium Cars in China
read on
China Automotive Monthly: Executive Summary - May, 2012
read on
China-EV.org Blog: Another PHEV powertrain company looks to U.S. for funding and China for customers
read on
China-EV.org Blog: Another PHEV powertrain company looks to U.S. for funding and China for customers
read on
China-EV.org Blog: Another PHEV powertrain company looks to U.S. for funding and China for customers
read on
What China's Latest Data Means For Markets And The Chinese Economy
read on
Here Are 15 Reasons Why Everyone's Suddenly Freaking Out About China
read on
Doing Business in China? What You Need to Know About Health Care
read on
China’s Mid-Market Innovators
read on
China manufacturing moves up the value chain, as labour and currency costs rise, says survey
read on
China Customs Implement an Advance Valuation Review System for Imported Goods
read on
Part 2: VAT for transportation and logistics sector – key impacts, issues and solutions
read on
China firms on global buying spree
read on
Chinese Reverse Mergers Spawned U.S. Class Actions, Report Says
read on
China Copyright Infringement: It Could Be Worse
read on
Now China Wants Law And Order
read on
Tough times for China's exports warned
read on
China's Rate Cut Is More Panic than Reform
read on
Chinese machinery makers seek to buy more European companies
read on
China: Future foreign investment 'unpredictable'
read on
China – New Government Policy Goal: More Collective Bargaining in the Private Sector
read on
Robots lift China's factories to new heights
read on
Is China Losing Its Luster to Manufacturers?
read on
Chinese firms keep seeking overseas M&As
read on
Chinese Rare Earth producers to consolidate and create rare earth giants
read on
China grants more quotas for rare earth exports
read on
Focus on Shanghai: An ancient city bustling with au courant exuberance
read on
Flexible Benefits: An Effective Prescription in China
read on
Housing prices in China cities down in May
read on
Selling abroad, China eases slump at home
read on
Recent China Tax Developments Affecting Private Equity Investment
read on
China update: global headlines
read on
subscribe to eJournals
View our blogs:
The Asian Automotive Industry Market
The Brazil Automotive Industry Market
The Chinese Automotive Market
The European Automotive Market
The Global Automotive Market (HR edition)
The Indian Automotive Market
The Mexican and Latin Automotive Market
The U.S. Automotive Market
To visit GlobalAutoExperts Directory, click here.