More and more multinational companies are striving to create global benefits packages. Indeed, recent research suggests that as many as 78% of multinational companies in the UK now have a global employee benefits framework, compared to 44% in 2004.
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Why the change? For most companies it’s about ‘walking the talk’. How can you claim to be a truly global company if executives – and to some extent general workers – enjoy different benefits? There are practical considerations too. Global employee benefits and standardised international group insurance benefits can be easier to administer and more cost-effective to put in place.
Bellwood Prestbury is an independent UK-based, FSA regulated global benefits specialist. We have the experience and expertise you need to create a global employee benefits package, whilst achieving time and cost-savings:
We manage international group insurance cover for numerous multinational organisations, ensuring appropriate benefits and cover for expatriate and local employees throughout the world.
We regularly conduct multinational pooling reviews on behalf of our clients and are often able to introduce or switch multinational pooling arrangements to improve cover and spread risk across borders, reducing overall costs.
To find out how Bellwood Prestbury could help you to set up or improve your global benefits arrangements, call us for an initial confidential discussion
