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The Globalization of Employee Benefits
It used to be, if you want to build and grow a business, you had to make, sell and service a widget that satisfied an unmet need of a market familiar to you. You hired a team to do the work. To ensure your team stayed with you, and your business prospered, you offered an Employment Value Proposition, not just a ‘job’. This meant extending benefits of working for you to the family of your employee, and to the time after he or she was unable to work any more, due to old age or disability. The market you addressed had to generate enough revenue to support the needs of the team you hired.

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The Globalization of Employee Benefits - Part II

In part 1 of this article, we introduced the idea that managing the design, delivery and financing of employee compensation and benefits with a global perspective is a balancing act. As companies increase their roster of ‘Global Employees’, this is not just an area for large corporations to grapple with anymore, but it is of high importance to smaller companies too.

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