Now available: Thomson's
2017/2018 Global Employee
Benefits Report. Read the full
Click herefor the AIRINC "2017
Mobility Outlook Survey" Report
on New Trends in Global Mobility
Read the results from the WTW
study on multinational pooling.
Click here for the AON 2015-16
governance of employee benefits
within multinational companies.
We partner with your company and help you learn the techniques needed to effectively manage your international benefits plans and global mobility programs.
Specializing in International Benefits
and Global Mobility
International Benefits Case Study #2
A Nashville-based retail company has international operations in 10 countries. The benefit programs in these countries have been managed by local HR representatives with very little oversight from the HQ Benefits group. In recent years, the cost of these benefit programs has increased significantly. Questions are being asked by the VP of Human Resources regarding the cost efficiency as well as the overall global governance associated with these programs.
Assessed funding options - by country and globally
Evaluated global benefit funding strategies such as multinational pooling and captive financing
Assisted with implementation and management of benefits funding strategies
Developed a benefits governance model
Built and maintained a global benefits inventory database to store plan details
Created a compliance checklist to ensure local country as well as global compliance
International Benefits Case Study #1
An Atlanta-based textile company acquires a company with a small manufacturing facility in Mexico. The U.S. Benefits Manager is asked to assume global benefits responsibility for the 30 employees living/working in Mexico. While she has extensive benefits experience in the U.S., she has never been involved in managing benefits outside the U.S.
Evaluated the plans in Mexico for cost efficiency and competitiveness
Benchmarked the plans against industry and proxy peers
Analyzed plans relative to company total compensation objectives
Created a compliance checklist to ensure local country compliance