Did you know that every time you lose an employee, it can cost an estimated 150% to 250% of annual compensation to hire a replacement?
According to the Hong Kong Institute of Human Resource Management, the average annual employee turnover rate in Hong Kong was about 15%, and other countries in Asia not far behind, employee turnover represents a sizeable ‘hidden’ expense that seriously diminishes your company’s competitiveness, profitability and ability to grow effectively.
empower helps build employee engagement and loyalty by allowing employees to create their own personalised benefits package around the core benefits that you provide. At the same time, an outsourced ‘one-stop’ web-based benefits administration system lowers per-employee processing costs and allows more efficient use of in-house HR resources.
Discover how empower can transform your employee benefits program into an efficient, effective and flexible management tool.
According to the Hong Kong Institute of Human Resource Management, the average annual employee turnover rate in Hong Kong was about 15%, and other countries in Asia not far behind, employee turnover represents a sizeable ‘hidden’ expense that seriously diminishes your company’s competitiveness, profitability and ability to grow effectively.
empower helps build employee engagement and loyalty by allowing employees to create their own personalised benefits package around the core benefits that you provide. At the same time, an outsourced ‘one-stop’ web-based benefits administration system lowers per-employee processing costs and allows more efficient use of in-house HR resources.
Discover how empower can transform your employee benefits program into an efficient, effective and flexible management tool.