Almost sixty-five percent of all companies today, trade globally. And 85% of employees traveling or living overseas, deem that it is the employer’s responsibility to provide coverage and access to quality health care while away from home.

1. Global HR Solutions – Imperative to Keep Abreast with all Employee Benefits
Almost sixty-five percent of all companies today, trade globally. And 85% of employees traveling or living overseas,
deem that it is the employer’s responsibility to provide coverage and access to quality health care while away from
home. Because an increasing number of employers are hiring international employees; providing comprehensive
and competitive international benefits is becoming more and more necessary.
Employee benefits are an indirect way of compensating workers above and beyond their wages. It is a significant
means of meeting employees’ needs and wants. Employers often offer benefits as an incentive and part of a total
compensation package to attract employees, train talented labor and remain competitive in the workforce
marketplace. Legal obligations are bound to ensue once employee benefits are offered. The array of employee
benefits may include education, transportation and childcare compensation, as well as medical, health and
retirement schemes. Whereas government sanctioned benefits are generally mandatory additional or
supplemental benefits, particularly health insurance and pension coverage, are often left to the discretion of the
employer and are dependant on various factors like the size of the company, industry, location, etc.
When it comes to international business expansion, most employers simply don’t know what they don’t know.
The burden on employers to comply with regulations in the various countries is not only stressful but also poses a
huge liability risk. Many employers are not familiar with the employee benefits that are legally required in these
international regions. And most of them find they need assistance navigating compliance issues of the various
countries.
Effective Global HR Solutions
Since no fixed employee benefits plan can satisfy all employees in all countries, companies can benefit from the
help of experts to identify what is important to the employees to keep them happy. We all know how imperative it
is to have a motivated and happy workforce. An excellent way to retain a talented workforce and to recruit the
cream of the crop is by offering a generous employee benefits package.
Effective global HR solutions can take your business to greater heights. Different countries have different
employment laws; with professional expertise, you can rest assured that you will meet these international
regulations and avoid any legal penalties or hurdles. For example, certain regions like Hong Kong and Singapore
require employers to provide the local employees with mandatory benefits, while employee benefits requirements
are not as strictly defined in countries like Australia. Having a dependable professional partner in international
expansion, can take the anxiety out of your overseas expansion, and offer assistance in other areas like Global and
International Payroll, International Pension Scheme, etc and allow you to focus on building your business.
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