Global Benefits Upcoming Events

Upcoming events

We hope you can join us at our upcoming Lockton Global Benefits events! Please check back later for more exciting events.

Australia

Australia increases minimum wage

The Australian Fair Work Commission (FWC) increased the national minimum wage by 2.5%, effective 1 July 2021. Modern award minimum wages also increased by 2.5% in three different stages depending on the industry. Modern award minimum wage increases will be […]

Japan

Japan to reform defined contribution pension plan

The Japanese Ministry of Health and Welfare recently published a proposal aimed at reforming defined contribution (DC) plans by raising DC contribution sub-limits and relaxing individual DC plan (IdeCo) participation requirements for employees contributing to DC employer-sponsored pension plans. The […]

Australia

Australia increases superannuation contribution rate

On 1 July 2021, the Australian government increased the minimum superannuation contribution rate by 0.5%. The increase will help stimulate Australia’s post-pandemic economy and support a better retirement for eligible workers. Key details Effective 1 July 2021, employers’ contributions to […]

Cyprus

Cyprus introduces a COVID-19 vaccination leave

The Cyprus government published Decree No. 27 enabling employees to take a full day of paid leave to get vaccinated against the COVID-19 virus during their working hours. The new regulation entered into effect upon its publication in the official […]

South Korea

Korea expands substitute public holiday system

The Korean government recently approved a bill expanding the substitute public holiday system (which substitutes a holiday falling on a weekend to the next workday following the weekend) to all holidays that fall on weekends. This change will provide employees […]

New Zealand

New Zealand to increase sick leave entitlement [Updated]

Update: The Holidays (Increasing Sick Leave) Amendment Bill has been passed by the New Zealand Parliament and will enter into effect on 24 July 2021. The New Zealand government introduced a new bill to increase statutory employer-paid sick to 10 days […]

France

France to extend paternity leave in 2021 [Updated]

Update: The 28-day paternity leave extension entered into effect, as expected, on 1 July 2021. The French government recently proposed the Social Security Finance Bill for 2021 to extend total paternity leave from 14 days to 28 days, with a […]

Canada

Canada to introduce a new federal holiday

The Canadian government recently approved Bill C-5, which introduces a new federal holiday called the National Day for Truth and Reconciliation to commemorate the victims and survivors of the indigenous residential schools. The new federal holiday will be observed on […]

Netherlands

Netherlands to introduce paid parental leave

On 20 April 2021, the Dutch House of Representatives approved a bill converting nine weeks of the current 26 weeks of unpaid parental leave into government-paid parental leave, for each employed parent, until the child is 12 months old. The […]