As employee populations outside the parent company’s “home” country grow, the cost of health care is becoming a critical finance issue for multinational companies around the world. Health care and sick leave costs are creating significant dents in companies’ financial performance and in some countries, they are affecting both quality and productivity. Government health systems everywhere are pulling back in terms of either the services they provide or the extent of expenses they will cover.
We provide the framework for multinationals to manage their health and benefits risk globally and benchmark their benefits data against typical competitive practice and statutory information. We offer gap analysis on the current state of an organisation’s health and risk programmes compared to both the market and the organisation’s stated strategy, making recommendations for change. We can produce three to five year cost projections, based on anticipated headcount growth and local market trends.