Event report
HR Club March 2021
On 10 March, the HR Club met to discuss trends in compensation and benefits in APAC. Taking as a reference the Mercer 2020 report on compensation trends in APAC, the members focused on how organisations were responding to the exceptional circumstances brought by the sanitary situation and more specifically:
- If and how it would affect the general budget for salary increase in APAC in 2021
- What new HR policies had been implemented to help companies and employees deal with Covid-19 and remote work, and to what extent (leave, health benefits, expenses…)
In light of these findings, the participants then discussed the evolution of HR trends going forward, with an angle on how to balance aspirations and feasibility at scale for:
- Flexi-benefits
- Value-based/ skill-based compensation
- Use of AI to individualize compensation and benefits
Thank you to Rakesh Rana, HR Leader at Murex Asia Pacific, for welcoming HR peers Elodie Maertens, Nathalie Rascle, Christina Tan, Paul Tran and Lise Wattebled.
