Global Benefits and Compensation
Achieve Competitive Advantage With Global Benefits and Compensation
Maximizing the advantages of your compensation and benefit programs around the world is no easy task. Watson Wyatt can help.
We help your plans achieve competitive advantage through:
- Global benefit and compensation philosophies. We help you develop, implement and communicate a coherent benefit and compensation strategy to employees around the world.
- General market practices. Drawing on our surveys of benefit and compensation practices in more than 75 countries, we benchmark your organization’s position to keep you competitive.
- Governance audit and process improvement. We help you review and establish effective governance procedures. Your benefit and compensation managers gain better control over risks inherent in pension funding, employee benefit insurance and executive compensation.
- Identification and audit of benefits. We conduct global reviews to help ensure that your benefit programs are competitive, cost- effective, consistent and in compliance with legal requirements. We leverage our extensive benefits database, global network of consultants and advanced information systems.
- Multinational insurance pooling and captive studies. We help you take advantage of your global purchasing power by centralizing your employee benefit plans. We help you establish multinational pools and captives for the first time or redesign existing arrangements.
- Online delivery of benefit and compensation data. We invest heavily in new technology to make our services more cost effective and efficient. We also make our technology innovations available to clients. One example is our BenTrack™ system, which allows you to track private and public benefit programs anywhere in the world via the Web.
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