International benefits
Managing international benefits is complex due to different tax and employment legislation rules in different countries around the world. Each country has its own statutory benefits, while local employers will offer staff perks based on local wage and employment demands. This complexity is heightened for global reward managers who also post expatriates to foreign offices, and need to consider business travel insurance, overseas medical insurance and dealing with relocation services. Pan European pensions, international employee benefits trust, pooling and captives are the focus for international employee benefits managers with an EMEA or global remit.
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News
Catlin adds total reward statements in US and sharesave in Malaysia
Insurance firm Catlin has launched online total reward statements in the US and extended its sharesave scheme to employees in Malaysia.
26 Aug Only 16% of multinationals feel benefits plans are sufficient
05 Aug Axa partnership to expand in Asian healthcare market
29 Jul Marks and Spencer signs for international relocation service
18 Jun A quarter of organisations reduced fleet budgets during recession
17 Jun More than half of European staff think they will have to delay retirement
Analysis
Maternity cover under international private medical insurance
Having a baby abroad can be expensive, so international private medical insurance must offer adequate cover, says Jennifer Paterson
02 Aug Benefits in Abu Dhabi
05 Jul Global bonus schemes
04 May Health cover for employees working in danger spots overseas
29 Mar Multinational pooling cuts cost of healthcare insurance
01 Mar Thought leaders 2010: The year ahead: Focus on good governance and cost saving
Case Studies
Thought leaders: The year ahead: Zurich insight: Worldwide view points the way for pensions
Global pensions provision is becoming increasingly important, says Paul Colley, HR insight and key account manager, Corporate Life and Pensions, Zurich International Life
04 Feb Case study: Catlin's extended employee share scheme
01 Feb Case study: international share plan at Shell
27 Jan Nissan Motors reappoints Mercer as global retirement consultants
04 Jan Case study: Royal Bank of Scotland gives credit for local choices
Research
Only 16% of multinationals feel benefits plans are sufficient
Only 16% of multinational organisations feel their existing governance structures of employee benefits programmes are sufficient to meet current and anticipated future needs.
18 Jun A quarter of organisations reduced fleet budgets during recession
17 Jun More than half of European staff think they will have to delay retirement
26 May European cities among top for quality of living
29 Mar Controlling costs is biggest challenge in Asia Pacific
19 Jan WorldatWork Survey: US employers 'still conservative on pay'
