The workshop aims to assist companies having challenges to contain rising employee benefit cost and how to contain and reduce employee cost which has a growing impact on the company’s bottom-line.
Employee Mobility is very much an important aspect of an organization plan to develop its pool of high potential employees by offering them an opportunity for an overseas assignment. Companies are faced with the high cost of moving these employees and providing them with mobility programs, benefits and matching compensation packages to attract, retain and incentivize this pool.
This workshop will deal with some key programs that helps employees review and consider these offerings. Participants will have the opportunities to learn from the trainer on his experience in dealing with his 20 years of managing expatriate programs in more than 14 countries in Asia.
Most companies provide generous employee benefits to employees, either via third party providers like insurance agencies, vendors and some have gone further to explore the introduction of flexible benefits to cater to the growing younger employee population.
However, as employee benefits consist of a major benefit and cost item, companies are reluctant to introduce more benefits as many of these do increase over time together with an aging workforce. With the rising millennial generation many of these new entry to the workforce will expect choices and options to select the types of benefits given different from traditional core benefits offered by companies.
The workshop aims to assist companies having challenges to contain rising employee benefit costs and how to contain and reduce employee cost which has a growing impact on the company’s bottom-line. During this hands-on session, the trainer will work with the participants in helping them to design portable benefits or flexible schemes for their companies and learn how to manage the growing cost of employee benefits.
(Face-to-face training with safe distancing and precautionary measures undertaken at our hotel venues which are certified SG Clean. We will continue to adopt a small class size for all our courses)
• Learn the various types of expatriate offerings, perks and benefits, posting that covers spouse and children, passage, movement of personal effects, insurance, taxation, and others.
• The alternate policies to transition to localization policies.
• The impact of employee cost escalation e.g. medical cost and how to contain employee’s expectations and concerns as well as working with insurance providers on a redesign of portable medical benefits.
• Awareness of different portable medical practices and flexible benefit systems and inputs into the design structure.
• An understanding on what Medi-Life Scheme can offer and how to help companies transit into such scheme.
• Other employee benefits that we can consider as trade-offs into designing a flexible benefit program and available schemes/portals that help enable and reduce administrative burden through outsourcing.
To anchor the learning and enhanced application the workshop incorporates:
• Case studies and discussions on the impact of mobility programs
• Hands-on practice with company data sheet to work on a flexible program
1. Discussion on the various mobility schemes offered. The impact of these benefits on the cost on the company and the review of these polices and movement into localization.
2. Today’s gig economy will be the new breakthrough verses the traditional mobility packages. A relook and re-design, duration of assignment, packages, etc.
3. A hands-on session to train and assist companies who wish to switch from in-company programs to portable medical schemes.
4. Companies constantly facing pressures from medical cost increases and how they can gain advantage of the portable medical schemes to provides savings from employees.
5. Use of outsource parties to reduce administrative burden.
6. An in-depth discussion on Employee Benefits, total benefits costing and the use Flexible Benefits for containment and how it can benefit the company.
7. Traditional Benefits Vs Flexible Benefits for younger employees.
8. Ability for companies to plan forward before their next insurance renewal – using sound process steps in slowly introducing Flex benefits to employees.
Who should attend
• HR Managers, HR Executives, HR Administrators
Benefits of Attending This Course
Participants attending the class can bring along a spreadsheet of their employee benefit plan, insurance cost premiums so that they can start preparing the costing sheet if they would like to move into a Flexi plan quickly.
What questions this training program provides answers to:
• The value of employee mobility program for employee development.
• Helping companies to move into a cost containment mode for increasing medical cost and moving into the portable scheme.
Adrian Wong has more than 25 years of experience as a Senior Regional HR Professional with many years of experience in diverse industries especially manufacturing, food and beverage, FMCG, Supply Chain, freight and logistics, consultancy and Information, education, financial ratings and research sectors.
Adrian has worked as the Corporate HR Director, Asia Pacific for McGraw Hill Companies, Vice-President HR for EGL Asia Pacific Holdings Company Pte Ltd, Vice-President HR International Division for Japfa International Pte Ltd, Regional HR and Quality Director, Exel Way & QSHE Director for MSAS/Exel/DHL, Personnel Manager for Motorola Electronics and General Motors.
He covers more than 12 countries in Asia Pacific from India to Japan, China and down south to New Zealand. He led HR teams in different countries reporting to him and covered the full spectrum of HR activities: talent acquisition, total rewards, training and development including change management, HR Operations and benefits for the region. His experience covers a number of Mergers and Acquisitions, takeovers, HR workforce restructuring, corporate social responsibility, HR Outsourcing, Employee communications, Industrial and Union negotiation, etc. His training experience includes Corporate Internal Trainer for Management Leadership Programs, leadership programs for First Line managers, Business Development programs, leadership transition programs.
While he was with the Supply Chain Industry, he has responsibility over Quality, Safety and Environment covering Asia pacific countries and directs ISO Quality certification programs, 1800 safety management and 1400 Environment programs for the group. He also developed the leadership management program jointly with NUS Business Management School for young leaders and covered the Exel Way launch for Asia.
Adrian is a certified DISC and DDI facilitator and was also a part time lecturer for an Australian University for its Bachelor and Masters programs (International Human Resource Management Modules) and a local Institute for its Human Resource Management, Training & Development and Strategic Management programs.
Adrian possesses a Masters of Business Administration (MBA) and a Masters of Arts in Human Development. He also possesses Diplomas in Management Consultancy, Marketing, Industrial Management, Human Resource, Quality and Production Engineering.
Adrian has successfully completed the Advanced Certificate in Training and Assessment (ACTA). He is currently one of the trainers for HRSINGAPORE's HR Certification Courses.
• Date to be advised - New
• One day
• 9 am to 5:30 pm
A Certificate of Attendance will be awarded at the end of the course.
• S$ 650 for Community
• S$ 680 for Non-Subscribers
• Coffee & tea with snacks during the morning and afternoon breaks
• Lunch will be provided