How multinational HR teams can gain from global benefits management

Do you know what you’re currently spending each year on benefits?

Managing HR in an organisation with thousands of employees across multiple countries is extremely complex.

You need to make sure you have the right data and insights to demonstrate your programme’s ROI. Getting this right leads to better governance, 风险管理, cost containment and employee engagement.

全球利益管理 offers multinational organisations an effective way to manage insured employee benefits around the world. Global or regional arrangements offer visibility, 控制, cost savings and ensure consistency in governance, while delivering solutions that are based on local country needs.

Do you have the right benefits to attract and retain key talent?

The right global benefits management programme for your organisation is one that is built around you. Your industry, your structure, your locations, 你的人民.

As employers expand their operations globally, they need to look at the scope and level of benefits they provide for their increasingly diverse and mobile workforces. This includes understanding the range of health and well-being risks present in each location and their impact on employee productivity and engagement.

Global employee benefits to help you compete locally

The cost pressures on multinational businesses are growing. For many benefits are a major outgoing, comprising around 20% of 工资总成本. This could rise significantly, driven by escalating medical trend rates.

最重要的是, substantial resources are spent tracking, 更新, 投标, and benchmarking insured benefits around the world.

Many organisations pay the price for a fragmented, multi-national approach to benefits broking. 事实上, 81% of multinational benefits leaders say ‘global consistency’ is their number one priority according to MMB's Benefits Tech Trends report.

Firms urgently need to find efficiencies by harmonising and managing benefits collectively. This means developing a strong global structure, with the ability to tailor benefits for simple and agile local execution and employee engagement.

A Global Benefits Management (GBM) approach simplifies this process, streamlining administration, 提高物有所值, and making sure that programmes provide measurable return on investment.

  1. Accessing and using insightful data and analytics to make business decisions 
  2. Reducing and managing costs
  3. Streamlining and automating processes
  4. Improving the benefits offered to employees and increasing engagement
  5. Ensuring compliance and improving governance
Wherever you are on your journey to a global benefits management programme, we’ve got all the help you need to design and 构建 something that’s right for you, 你的人民, 地理位置和行业. 对你的未来也是如此.

MMB can help you mine your data to analyse your risks, financing, claims ratios and exclusions. And together we plan out your journey to a relevant, authentic global programme.

One that drives the growth and resilience of 你的人民 and enriches their employee experience, 无论他们在哪里.

Our integrated suite of tools gives you a clear view of your whole programme and its costs: every benefit plan; 每一个供应商; 每一个国家. Plans, renewals and financials all at your fingertips. With the data and analytics to make true oversight and governance not only possible, but easy.

我们的获奖 达尔文技术 delivers the compelling benefits experience that will help you attract and keep the best people. Enabling you to promote and track your employees’ engagement with their benefits, whilst also reducing risk and increasing productivity through automation.

用数据驱动的, 循证全球观, you can demonstrate your programme’s ROI and the value of benefits to your organisation.

By creating a holistic and forward-looking benefits strategy you’ll empower 你的人民 in every corner of the organisation to be more productive and engaged.
Matt Duffy, Global Commercial Director

How to embark on a successful global benefits management journey

管理风险

You can’t manage what you can’t see. We give you a clear view of your risks, and ways to manage them. 来支付你的福利, to comply with local legislation, to navigate increasingly complex risk and exposure of plans, to reduce risk and increase employee productivity through automation. And to use benefits to manage the greatest risk of all: not attracting the best and brightest people to your business.

控制成本

Globally, medical inflation and claims are on the rise, with a 医疗趋势率为12.预计2023年为6%. If you don’t have visibility of your costs, you can’t stop them escalating. We help you map and analyse your costs: to find efficiencies, 优化支出, to use data from your programme to negotiate hard. When you can see your spend, you can use your size – and leverage our networks and experience – to strike better deals. On average, we save multinationals 10-15% on global and regional benefits premiums*.

* Source: MMB Global Benefits Management Analytics - An average saving of 10-15% of premiums demonstrated over a three-year term following the introduction of a new global benefits management programme in a non-pandemic year.

最佳融资选择

We give you visibility of your global benefits spend, help you set a budget and 金融 it, making the most of your size and economies of scale. From insurance to self-insurance or captive set-ups, we’ll help you 金融 your programme in the way that’s right for who you are – and where you are on your benefits journey.

能提高幸福感

When 你的人民 are all over the world, it can be hard to get a view on their well-being. We help you 构建 strategies and programmes that translate into healthier, 更敬业的员工, 还有更低的保费. We help you understand what you have in place; help you listen to employees and understand what it is they truly need; and help you set a strategy that delivers on those needs, 到处都是.

How 美世达信福利 can help

我们可以帮你设计, 构建, 金融, automate and manage your global or regional programme to attract and keep top talent.

We meet you where you are on your journey, and bring vertical sector expertise and benchmarking, local insights from 140+ countries, new ideas and new ways of working.

We work with you to 构建 a programme that’s right for you now and for who you want to become. As well as 构建ing benefits programmes, we 构建 relationships. 策略性及长远. Partnering with you to strengthen connections between your global and local teams. 

  • Global advisory and compliance

    Create a governance framework that aligns with your HR model and improves the employee experience in local markets.

    Remain confident that benefits are compliant in each market.

  • 全球融资

    A single benefits broker to optimise your financing strategy for global employee benefits programmes at the local, regional or international level, helping improve collaboration with your risk and 金融 teams.

  • 当地的服务

    本地策略放置, claims management and employee support means you can improve the employee experience, address local issues and gain efficiencies.

  • 专门的技术

    From our market-leading benefit software for managing global benefits and compensation information. Including a user-friendly app-like experience for employees accessing their benefits. 

  • Digitalised benefits administration

    Experience the advantages of centrally managed benefits: easier to govern, administer and communicate to employees across your offices.

  • 成本管理

    Get a clear view and 控制 of your whole programme and its costs, 每个福利计划, 每一个供应商, 每一个国家.

相关的见解

    Learn how we can help you manage your global and regional benefits centrally.

    Speak with one of our team today