Pramerica’s defined contribution pension plan is designed to help employees build their income for the future.
Pramerica’s health insurance schemes provide medical insurance cover for eligible employees with the aim of ensuring employees day to day medical expenses and hospital expenses are covered.
Share Purchase Scheme
The purpose of a Share Participation Scheme is to allow employees to acquire shares in Prudential in a tax efficient manner. This is done by giving employees the option to take part of the Company’s bonus in shares.
Shop LK Vouchers
Over the last few years, we were able to identify an opportunity to award employees (who qualify for a bonus) with Shop LK vouchers, which are paid tax free.
Life Assurance is fully paid by Pramerica. Employees are covered from their start date and beneficiaries are provided with a lump sum of four times salary.
Pramerica offer a generous level of annual leave, which increases over time.
Employee Assistance Programme (EAP)
EAP provides support to employees and their immediate families in a number of areas, including legal and financial issues, child/elder care and consumer rights. The programme also offers up to 5 sessions of face to face counseling with a local counselor. This programme is provided free of charge to employees and their immediate families.
Pramerica employees are eligible to use the Prudential Life Coaching programme free of charge. This programme can provide employees with the assistance of a Life Coach to support and guide them to make positive changes in their life.
As part of our on-going commitment to safe working Pramerica provides reimbursement of fees incurred by employees as outlined in the eye testing policy.
Onsite Wellness Events
A number of health screening programmes are offered to employees, including cardiac and diabetes screening. Other consultations, such as sports injury assessments, are available to employees on an ad hoc basis.