Two units of U.S.-based engineering software company PTC will pay a total of $28 million (USD) to resolve probes into whether they gave more than $1 million in recreational travel to foreign government officials from China, in a probable violation of the Foreign Corrupt Practices Act, the U.S. Department of Justice and the Securities and Exchange Commission said in February 2016. NASDAQ-listed PTC has 6,000 employees in 30 countries

MAXIS Global Benefits Network will broadcast a webinar on February 24 and 25, 2016, titled “Enhancing the Employee Value Proposition in China and India,” and based on MetLife’s Employee Benefit Trends Study. As Asian economies and businesses mature, maintaining a highly productive workforce becomes more difficult in these markets. The webinar will help employers understand employee motivators in China and in India, including the role of a total rewards

Zenefits, a San Francisco-based software startup recently valued at a whopping USD 4.5 billion, then revalued down to USD 2.3 billion, said in February 2016 it had replaced founder and CEO Parker Conrad with its former chief operating officer David Sacks, previously an executive at Yammer and PayPal. The company provides software for small and medium-sized businesses that automates some of their human resources services, including healthcare benefits, stock

IGP hosts the Americas regional version of its international employee benefits seminar in Sao Paulo, Brazil, on September 15, 2016. During the seminar, HR professionals, C&B specialists, Risk Managers and Finance Executives of all levels have the opportunity to discuss past, current and future employee benefits trends with industry specialists and their peers. A mix of country panels with a focus on the Americas is provided, along with topical