Future-proofing the pharmaceutical workforce with innovative HR

March 14, 2018 | Thought Pieces

future-proofing-the-pharma-workforc


The Philippine pharmaceutical industry has been growing steadily, with its market predicted to hit P164 billion in 2018. The government’s increased budget allocation for healthcare is expected to further boost the sector’s development as it opens more opportunities for pharmaceutical companies and healthcare providers. Despite these advancements, the industry is not immune to the workforce challenges felt across sectors.


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Gearing towards total rewards

March 08, 2018 | Thought Pieces

gearing-towards-total-rewards


Rewarding people solely with pay is a thing of the past. There is an acknowledgement nowadays that in addition to financial compensation, providing things like skill development and meaningful work can spur employees to greater performance. With this in mind, a holistic framework called Total Rewards System was developed to address the totality of needs of the individual.


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STORM holds exclusive forum on latest trends in flexible benefits

March 06, 2018 | News


STORM Technologies (STORM), the leading benefits technology firm in the Philippines, recently reported that 53% of employees attribute their company’s flexible benefits design as one of the reasons they decided to work there, while 48% report it as one of the reasons they stay. The data is from the latest Flexible Benefits Trend Report, an annual survey highlighting key insights obtained from companies implementing a flexible benefits program through the STORM Flex platform…


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STORM Flexible Benefits Trend Report 2017

March 01, 2018 | Studies

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As the business landscape and nature of work changes, human capital takes center stage as the key asset of companies. Professionals now have a wider range of career options to choose from, making the task of attracting and retaining employees even more challenging for employers. To take care of their talent and set themselves apart from growing competition, employers must be creative with their compensation and benefit packages.


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Workforce strategy a priority for the evolving BFSI industry

February 22, 2018 | Thought Pieces

Workforce Strategy - BFSI Industry


The Philippine Banking, Financial Services, and Insurance industry experienced growth in 2017, with the banking industry GDP rising from 6.7 percent to 6.9 percent in the third quarter and insurers experiencing 22 percent income gain.Firms expect to ride the country’s economic growth in 2018, especially with the implementation of Tax Reform for Acceleration and Inclusion Act (TRAIN). However, global advances in technology and the rise of new competitors require banks and insurance companies to think beyond simply running their business to transforming it.


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