Employers’ international benefits provision remains steady

More than a third (37%) of respondents offer benefits to employees based outside the UK, according to The Benefits Research 2014, which surveyed 256 respondents in March 2014.

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Of this group, 13% offer benefits to local employees only, but manage their benefits strategy centrally; 12% provide perks for both local staff and expatriates; and 11% do so for expatriates only.

Employers’ approach to international benefits has changed little over the past three years. This year, as in 2012 and 2013, Europe is the most common continent where employers offer benefits to staff based outside the UK, followed by Asia Pacific, and the US and Canada.

When it comes to the benefits employers offer to staff outside the UK, private medical insurance and pension provision have consistently topped the list.

However, death-in-service benefits have gradually slipped down the list from third place in 2012, when they were offered by 68% of respondents, to fifth place in 2013, when they were offered by 61%, and seventh place in 2014, offered by 48%.

 

 

 

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Read more findings from The Benefits Research 2014