Coordinating benefits across different countries can be an enormous challenge, particularly where you have employees who move around frequently.

Benefit structures differ widely from country to country. It can be difficult to keep up with what employees in different countries expect and are entitled to by law. For example, a typical employee in the US expects to be offered private medical insurance, while a similar employee in Europe would see this as less of a priority.

Companies need a global benefit strategy and governance process to control costs. This helps to avoid the waste generated by inefficient processes and duplication of effort as well as managing the risks, both financial and reputational, associated with their benefit plans effectively.

Having an expert to advise you on international employee benefit issues can help reduce the pressure. We can advise on all areas that affect the financing of employee benefits in a given country, including the choice of mechanisms available, appropriate investment strategy, the providers’ terms and conditions, fiscal efficiency and economies of scale that can be achieved.