To attract and retain top talent in a multi-generational workforce businesses are realizing that they need new strategies to engage and retain employees. Employee benefits can be used to boost morale, engagement and retention.
The Chancellor announced an intention to withdraw the tax and social security incentives of salary sacrifice arrangements.
Starting in early 2017, the UK government plans to phase in a new childcare voucher scheme called the Tax-free Childcare Scheme.
Effective January 1, 2017, there are many changes being introduced to the Taiwan Labor Standards Act that will impact employers.
South Korea has introduced a series of employment law changes which will apply to companies that previously would not have.
Currently in Singapore, there are two statutory paid maternity leave schemes.
There are various amendments being made to the Child and Family Care Leave Act and the Equal Opportunity Act.
As of January 1, 2017, there have been updates to the laws governing employment in Belgium.
As part of Finance Bill 2017, the UK published legislation to prevent employees obtaining tax and social security savings from the sacrifice of salary for non-cash benefits.
Effective January 1, 2017, the Workforce Singapore Agency Act will impose tighter regulations on retrenchments (redundancies) in Singapore.