Two reports on personnel practices published: PRC

Article Abstract:

Two 150-page reports on personnel practices in China were published recently by the Wyatt Co. These are the '1991 Personnel Practices in the People's Republic of China - Hong Kong Employees' and the '1991 Personnel Practices in the People's Republic of China - Local National Employees. The first report concerns Hong Kong workers assigned in China on a long-term basis and Hong Kong employees who travel to China for extended periods. Survey findings on 53 multinational firms are also discussed. The second report gives an analysis of survey findings, cash compensation and payment practices for local government employees in China.

Employment abroad, Overseas employment, Chinese, Chinese (Asian people), Public employees, Government employees

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Typical compensation package

Article Abstract:

The key elements of a typical Belgian compensation package are enumerated. Broad categories are the annual basic salary, additional cash compensation and allowances and perquisites. Supplementary cash can take the form of bonuses, commissions, profit shairng, share-option and share-purchase schemes. Extras include company cars, subsidized meals, club membership, medical examination, representation and home telephone allowances, training and credit cards. This package is necessary for Belgian companies to keep key personnel and remain competitive.

Belgium, Employee development, Corporations, Belgian

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Flexible benefits

Article Abstract:

Group life and disability insurance, personal accident insurance, hospital and surgical coverage, outpatient coverage and retirement scheme membership are the five most common flexible benefits used by Hong Kong's employers to attract employees. However, employees tend to focus mainly on the salary even when the job offers a pay plus benefits scheme. This is partly due to the failure to appreciate the importance of flexible benefits. Hong Kong employers may solve this problem by promoting the concept of total remuneration.

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