COmpanies need a gl Obal benefiTs sTra Tegy TO › media › 1598 › thomsons-infographic-is...

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GLOBAL BENEFITS REALLY EFFECTIVE? IS YOUR APPROACH TO EMPLOYEE BENEFITS WATCH 2014 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%) 2 ALIGN BENEFITS PRACTICES WITH BUSINESS GOALS (46%) 3 MAINTAIN A COMPETITIVE EMPLOYER PROPOSITION (44%) However, LESS THAN HALF of multinationals have a global benefits strategy in place Global benefits are complex 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 STAKEHOLDERS 44% DIFFICULTY IN PROVIDING A FLEXIBLE GLOBAL BENEFITS STRATEGY FOR DIFFERENT DEMOGRAPHICS 38% { } 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

Transcript of COmpanies need a gl Obal benefiTs sTra Tegy TO › media › 1598 › thomsons-infographic-is...

Page 1: COmpanies need a gl Obal benefiTs sTra Tegy TO › media › 1598 › thomsons-infographic-is … · EMPLOYEE BENEFITS 2014 WATCH GLOBAL 1 Organizations that get the overall proposition

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