Hong Kong: Embracing The Best Of The East, And The Best Of The West

In continuation of my article on Globalizing in Hong Kong in December 2013, let’s discuss some of the practical implications and recent developments in Hong Kong’s employment arena. Hong Kong is not just a pivotal financial center of Greater Asia with soaring towers and enigmatic business opportunities; it also embraces traditions and honors family-oriented values.
New Law for Paternity Leave
In late February 2014, the Hong Kong government stated it will seriously review and consider an […]

By | April 10th, 2014 ||

Norway: New Hybrid Pension Product In Private Sector

The new Occupational Pension Act entered into force 1 January this year. The Act allows private employers to establish a third kind of pension scheme, being a hybrid between defined benefit and defined contribution schemes. As such, the new product is already being referred to as the new “hybrid-scheme”.

Furthermore, there have been changes in the regulations following the Occupational Pension Act. It is now possible for employers to pay a substantial higher amount to the pension plan […]

By | April 4th, 2014 ||

Human Resource Considerations In China

When people think about the reasons they have left an organization or have not accepted an offer with a company, one of the key common factors is perhaps something one might not expect: development, or rather, the lack thereof. Compensation, while certainly important, is often not the deciding factor in the decision to work or stay somewhere.

The same need for development seems to be a growing emphasis as part of the recruiting efforts in […]

By | March 28th, 2014 ||