Benefit programs for global workforce

Understanding culture of different countries can help companies craft effective benefit plans
By Dany Mathieu, Christina Barcelon
|Canadian HR Reporter|Last Updated: 07/21/2009

Designing benefit plans for employees in multiple countries can be a tricky and daunting task for employers.

There are a multitude of choices to make, including the nature and type of benefits offered, the specific type of plan, components of the plan and the level of generosity of the benefits package. In striking a balance between local competitiveness and internal equity (How do benefit programs offered to employees in different countries compare to one another?), companies weigh many factors, including:

Industry: Certain industries (such as high tech or finance) tend to offer richer benefits than others (such as manufacturing or transportation).