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    Industry-leading benefits for the people powering your business

    Acting as your strategic partner, we’ll get to grips with the different layers of your business to deliver solutions.

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    Latest news & insights

    Microsoft/CrowdStrike IT OutageMicrosoft/CrowdStrike IT Outage

    South Africa Introduces a Two-Pot Retirement System

    The South African parliament has recently passed legislation dividing occupational retirement contributions into two pots (referred to hereunder as components) making one-third of the funds accessible prior to retirement and the remaining two-thirds available only at retirement or death. The new system, known as the “two-pot” system, will come into effect on 1 September 2024.The South African parliament has recently passed legislation dividing occupational retirement contributions into two pots (referred to hereunder as components) making one-third of the funds accessible prior to retirement and the remaining two-thirds available only at retirement or death. The new system, known as the “two-pot” system, will come into effect on 1 September 2024.

    Ireland extends parent’s leave

    The Irish government is extending parent’s leave from seven weeks to nine weeks. The leave period is paid by Irish social insurance for qualifying employees. The Parent’s Leave and Benefit Act 2019 (Extension of Periods of Leave) Order 2024 will enter into effect on 1 August 2024.The Irish government is extending parent’s leave from seven weeks to nine weeks. The leave period is paid by Irish social insurance for qualifying employees. The Parent’s Leave and Benefit Act 2019 (Extension of Periods of Leave) Order 2024 will enter into effect on 1 August 2024.

    PAGA reforms are mostly good news for California employers, but insurance impact is TBD

    In 2004, California passed the Private Attorneys General Act (PAGA), which allowed employees to file lawsuits to recover civil penalties for state labor code violations. PAGA created new risks for employers, but also led to many insurers leaving the wage-and-hour marketplace. Recently enacted reforms scale back some of those risks, although it remains to be seen whether the new legislation will reinvigorate the wage-and-hour insurance market.In 2004, California passed the Private Attorneys General Act (PAGA), which allowed employees to file lawsuits to recover civil penalties for state labor code violations. PAGA created new risks for employers, but also led to many insurers leaving the wage-and-hour marketplace. Recently enacted reforms scale back some of those risks, although it remains to be seen whether the new legislation will reinvigorate the wage-and-hour insurance market.
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    We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

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    Lockton People Solutions FAQs

    Lockton believes every business maximizes their potential when their people maximize theirs. That’s why we help our clients make their business, and their people’s lives, better. We know employers need solutions that help balance attracting and retaining talent, manage costs and promote employee well-being. Lockton helps guide clients to people solutions that drive employee understanding, engagement and satisfaction; incorporate competitive total rewards and benefits packages; and manage and measure the effectiveness of your programs.

    We work with every client thinking about how we can best improve your employee experiences to drive engagement, understanding, satisfaction and productivity; design total rewards and benefits that increase perceived value and help attract and retain talent, while controlling costs; and help you make information-based decisions, measure and manage your programs, while driving a competitive business advantage amid an increasingly complex landscape.

    Lockton delivers a full suite of solutions in the following areas: employee experiences and engagement, total rewards and benefits, and management and measurement.

    Lockton is privately owned, which allows teams to prioritize client business. Our Associates are empowered to go above and beyond to help their clients succeed and the entrepreneurial culture at Lockton fosters data-driven solutions, solving problems faster and more efficiently.

    Lockton operates all over the globe through Lockton offices and a network of Lockton Global Partners.

    We can help with all M&A transactions from SME to large corporate.

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