Trip.com Group Expands Childcare Leave Policy, Covering More Than 10,000 Employees Worldwide

SINGAPORE, April 3, 2025 /PRNewswire/ -- Trip.com Group has announced an expansion of its family-friendly policies, introducing an additional three days of paid childcare leave for employees with children under 18 years old. This initiative, which takes effect immediately, is expected to benefit over 10,000 employees globally, reinforcing the company's commitment to supporting working parents and promoting work-life balance.

Additional Support for Parents at Every Stage

Being "family-friendly" is one of the four key pillars of Trip.com Group's Sustainability framework, guiding its commitment to fostering a supportive workplace culture. The expansion of childcare leave is part of Trip.com Group's ongoing efforts to create a more inclusive workplace, complementing a range of existing benefits, such as childcare subsidies, hybrid work arrangements, and even on-site childcare support.

The additional three days of childcare leave apply even to parents of older children, ensuring flexibility and support for employees at different stages of parenthood. Previously, employees' childcare leave entitlement varied by country, depending on local statutory benefits. The new policy provides a globally consistent enhancement, giving all eligible employees more time to care for their children without compromising their professional responsibilities.

"Raising a child requires more than just financial support—it involves time, care, and a strong support system," said a spokesperson from Trip.com Group's HR team. "By enhancing our childcare leave policy, we aim to give parents the flexibility they need to be present for their children while maintaining their careers."

Bingxing Zhou, an employee based in Shanghai, expressed joy when she first heard the news. "I'm really happy to hear that we now have three additional childcare days. As children grow, they actually need more quality time with their parents. I'm glad I can spend more time with my kid doing meaningful things, while still maintaining a balance with work."

Others mentioned that the extra childcare leave helps parents even after the newborn stage. "There's already some focus on maternity and paternity leave locally, but this new childcare policy is a great step forward. It shows the company understands that parents need time and flexibility to care for their kids even at later stages," said Jessica Lai from the Singapore office.

Annwen Bristow, from the UK office, also shared how it helps with unexpected circumstances, "Being a working mother, having to leave work suddenly to pick up an unwell child happens all too often. This new initiative reduces the stress of having to do this, and prioritises my child. Very appreciated!"

Strengthening Family-Friendly Policies

In addition to childcare leave, the company continues to invest in family-support initiatives. In 2023, Trip.com Group allocated approximately one billion yuan (approximately US$137.6 million) in childcare subsidies, offering employees who have been with the company for over three years an annual cash bonus of 10,000 yuan (approximately US$1376.44) for each child from birth until the age of five. To date, this has benefitted more than 1,130 employees worldwide, with employees using it for essential expenses such as formula, diapers, healthcare and education.

Promoting Employee Well-being and Work-Life Balance

The introduction of additional childcare leave aligns with Trip.com Group's broader efforts to enhance employee well-being. In recent years, the company has focused on hybrid work arrangements, allowing employees to work remotely on designated days, which has saved an estimated 900,000 hours of commuting time and benefited families worldwide.

The results are reports of improved employee satisfaction, enhanced work-life balance, and even helping to reduce traffic congestion in cities across the world.

Moreover, Trip.com Group has seen nearly 100% of female employees return to work after maternity leave, a testament to the effectiveness of its supportive workplace policies. These efforts, combined with paid parental leave and childcare subsidies, underscore the company's commitment to workplace equality and career development.

A Sustainable and Employee-Centric Approach

Trip.com Group remains at the forefront of corporate social responsibility, continuously enhancing policies that prioritise employee well-being. With major corporations increasingly recognising the importance of work-life balance, Trip.com Group sets a strong example by fostering a workplace culture that values flexibility and support for working parents.

Looking ahead, the company aims to inspire more organisations to implement similar initiatives, contributing to a more sustainable and employee-friendly corporate landscape globally.

About Trip.com Group
Trip.com Group is a leading global travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group helps travellers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources, and an advanced transaction platform consisting of apps, websites and 24/7 customer service centres. Founded in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, Trip.com Group has become one of the best-known travel groups in the world, with the mission "to pursue the perfect trip for a better world". Find out more about Trip.com Group here: group.trip.com.

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Trip.com Group Expands Childcare Leave Policy, Covering More Than 10,000 Employees Worldwide

New research tracks evolving financial and economic crime risks, unveils the Secretariat Economic Crime Index (SECI), and highlights key trends shaping 2025 and beyond

ATLANTA and DUBAI, April 10, 2025 /PRNewswire/ -- Secretariat, the leading global legal, risk, and regulatory advisory firm, has released its inaugural Global Financial and Economic Crime Outlook 2025, providing a comprehensive analysis of financial and economic crime threats worldwide. The report maps jurisdictional risks, assesses emerging crime trends, and introduces the Secretariat Economic Crime Index (SECI)—a groundbreaking new country-by-country risk assessment measuring financial and economic crime factors impacting business viability.

Financial crime remains an alarming global concern, with illicit financial flows projected to surge between USD 4.5 trillion to USD 6 trillion by 2030, according to Secretariat estimates. Money laundering, fraud, bribery, and market abuse continue to evolve and become more sophisticated, fueled by shifting geopolitical and regulatory priorities, rapid advancements in virtual assets, decentralized finance (DeFi), artificial intelligence (AI), and machine learning.

"The financial crime landscape is shifting at an unprecedented pace," says Secretariat Managing Director Bhavin Shah. "Our report equips organizations with the intelligence they need to navigate these complex risks, anticipate threats, and implement proactive safeguards."

Key Findings of the Report

Mapping Global Risk with the SECI Index

At the core of the report is the Secretariat Economic Crime Index (SECI), a proprietary tool that analyzes financial and economic crime risks across 177 countries. The SECI score (ranging from 0 to 4) integrates Secretariat's expert analysis with data from three established global benchmarks: the Basel AML Index, the Corruption Perceptions Index, and the Organized Crime Index. Countries are categorized into four distinct risk tiers:

2025 and Beyond: The Future of Financial and Economic Crime Prevention

The report outlines ten major financial and economic crime trends shaping the next decade, including:

As financial and economic crime becomes more sophisticated, regulators, financial institutions, and corporations must adopt data-driven, technology-enabled strategies to safeguard the global financial system.

"We're entering a new era where rules are being redefined in real time, not only due to technological disruption, but also because the global economy is fragmenting, legal systems are retrenching, and global norms are being rewritten," says Shah. "Alongside these shifts, rising tariffs are creating new vulnerabilities. This environment gives criminal networks new opportunities to adapt, exploit weaknesses, and outpace regulators, reinforcing the need for more agile enforcement strategies."

"In a rapidly shifting compliance landscape, organizations must move beyond traditional risk assessments," notes Secretariat Managing Director Ralph Stobwasser. "The SECI index and our in-depth country analysis brings clarity to jurisdictional vulnerabilities and emerging crime trends. Prevention is key, but readiness is vital. Institutions must react, respond, and remediate to minimize impact, restore trust, and ensure resilience. At the same time, we must recognize that protectionist tariffs, while aimed at safeguarding domestic industries, can unintentionally fuel the shadow economy. Distorted market prices create opportunities for smuggling and trade-based money laundering, particularly where enforcement is weak. These dynamics allow criminal networks not just to avoid tariffs, but to fund broader illicit operations under the radar."

The Secretariat Global Financial and Economic Crime Outlook will publish annually, establishing itself as a trusted resource and barometer for international business activity.

Download a full copy of the report.

About Secretariat

Secretariat experts are trusted in the highest-stakes legal, risk, and regulatory matters around the world. Renowned law firms, leading corporations, and respected governmental entities turn to our more than 600 disputes, investigations, economic, engineering, and data advisory experts when the stakes are high – supporting them with meticulous preparation, insightful analysis, and clearly persuasive communications. Our bright minds and passionate problem-solvers put their financial, analytical, and strategic insights to work in the fast-paced sectors we serve – from construction and energy to healthcare, technology, and natural resources. Quality, integrity, and independence are woven into every aspect of our work. But, most importantly, when success is on the line, our globally integrated teams thrive on working through the most daunting problems in ways that remove uncertainty and instill confidence. Learn more at www.secretariat-intl.com.

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New Secretariat Report Maps Rising Financial and Economic Crime Risks in 177 Countries

New Secretariat Report Maps Rising Financial and Economic Crime Risks in 177 Countries