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GLOBAL BENEFITSREALLY EFFECTIVE?
IS YOUR APPROACH TO
EMPLOYEEBENEFITSWATCH2014
GLOBAL
1
Organizations that get the overall proposition right are empowered to attract and retain their talent and improve employee engagement. This is especially crucial considering the current war for
talent in certain industries such as technology, pharmaceuticals and financial services.
COmpanies need a glObal benefiTs sTraTegy TO:
nOT having a glObal apprOaCh TO benefiTs leads TO...
1 aTTraCT & reTain TalenT
(58%)
2align benefiTs praCTiCes wiTh business gOals
(46%)
3mainTain a
COmpeTiTive emplOyer
prOpOsiTiOn (44%)
however, less Than half of multinationals have a global benefits strategy in place
Global ben efits are com plex
And 24% don’t measure its effectiveness!
of global companies provide different benefits in each country or region. This explains why...
41%
50% dOn’T have a COnsisTenT apprOaCh TO benefiTs adminisTraTiOn!ALMOST
a laCk Of undersTanding Of value Of TOTal rewards amOngsT emplOyees 50%
diffiCulTy demOnsTraTing rOi TO key sTakehOlders44%
diffiCulTy in prOviding a flexible glObal benefiTs sTraTegy fOr differenT demOgraphiCs38%{ }
An effective global benefits strategy is key in the current war for talent
diffiCulTy repOrTing glObally On TOTal rewards COsT 38%
read The full 2014 glObal emplOyee benefiTs waTCh repOrT
Thomsons.com