Global Benefits Management
Employee Benefits Strategy for Multinational Businesses
In today’s fast-paced world, global benefits management can be complex. But with Aon, you have an essential experienced team by your side - helping you optimize the employee experience while balancing costs and operational objectives to support talent and retention.
Multinational companies face unique challenges when designing and delivering employee benefits programs across borders. At Aon, we help multinationals design, develop and deliver integrated benefits strategies—spanning health, risk and wealth—that are globally aligned and locally relevant.
What are Global Benefits?
Global benefits are employee benefits packages designed for multinational organizations with employees in various countries. These programs also encompass long-term financial wellbeing through integrated retirement and savings strategies ensuring a future-ready approach to global benefits.
They unify and create consistency across employee benefits, leveraging data-driven insights to attract and retain talent, enhance workforce well-being, and maximize productivity. They address challenges faced by multinationals while considering local laws and customs, and reducing administrative burdens.
Why Chose Aon for Global Benefits Management?
As a world-leading intermediary, Aon simplifies complexity and empowers multinational clients to make smarter human capital decisions. We use your data to power advisory and broking insight - translating insights into intelligence that improves employee experience, engagement and wellbeing, while helping deliver sustainable, predictable costs.
With a network of 15,000 local benefits experts in over 110 countries, we provide consistent local service and robust governance. Our global capabilities are seamlessly integrated with local solutions, ensuring your unique needs are met wherever you operate.
Key Challenges in Global Benefits Management
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Benefits Strategy
Global benefits management is becoming more strategic, as multinational organizations strive for greater global alignment and equity. However, benefits administration and consistent implementation of global strategies remain a challenge.
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Cost Management
As benefits costs continue to rise, HR professionals need to find innovative ways to finance and gain maximum return on their benefits spend.
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Employee Engagement
Multinational companies must connect meaningfully with their employees and provide a benefits experience that is built on real-time data.
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Compliance
Companies need to meet all national and local statutory requirements across multiple benefits and countries.
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Governance
Benefit programs need a governance structure that is strategic, forward thinking and sustainable for the long-term.
How Aon Can Help Multinationals
Our experienced team of benefits advisors, supported by our data-driven insights and innovative solutions, helps keep your business better informed and better advised to manage a cost-effective and engaging global benefits strategy.
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Global Benefits Management
We provide support so that your international employee benefits are appropriately designed and managed both globally and locally. Our robust governance process helps align plans with your global strategy, key risks are identified and mitigated, and that there is ongoing support to enable continual smooth delivery of benefits to your employees.
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Global Benefits Broking and Financing
Alongside our world leading global capabilities in insurance broking , our experienced advisors can also help organizations explore alternative financing methods, such as multinational pooling, global underwriting, and captives, to create a tailored and more cost-effective financing arrangement.
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Mergers and Acquisitions
Our experienced team can help you navigate the challenging waters of mergers and acquisitions, ensuring that your business and transaction objectives align with your human capital integration strategies to drive long-term success.
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Global Employee Benefits Experience
Our global total rewards and employee benefits platform enables companies to effectively deliver global benefits in a consistent, relevant and engaging way for each country in which they operate, while also gathering insights and analytics for employers to power better future decisions.
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Pensions and International Wealth
We support multinational organizations in managing retirement and long-term savings programs. Our expertise spans global pension governance, global actuary, plan harmonization, mobile solutions and employee engagement — so that your employees are supported at every life stage, wherever they are in the world.
Through our integrated wealth capabilities, we help you navigate complex regulatory environments, manage pension risk, and deliver robust, sustainable, cost-effective retirement outcomes. Whether through development of a retirement strategy, governance framework, plan design, de-risking strategies or country oversight, we use our expertise alongside industry leading technology and data insights to optimise your global retirement plan management.
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Research, Insights and Benchmarking
Through our research library, proprietary data and self-service online benchmarking technology, multinationals can access in-depth country information for over 65 countries, be informed of the typical benefits offered for over 100 countries, and keep apprised of legislative activity in over 150 countries.
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Global Mobility
We help companies review, design and implement benefit plans for their globally mobile employees, benchmark these benefits, and manage the business risk of this population.
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Diversity, Equity, Inclusion and Belonging
Multinational companies face unique challenges embedding diversity, equity, inclusion and belonging strategies into organization-wide policies due to differing cultures and legislation across the globe. We provide you with the clarity and confidence needed to embed appropriate DEIB strategies worldwide, helping you achieve your global objectives with sensitivity to local variances.
From analytics hubs to global employee portals, our scalable solutions span financial risk management, health and wellbeing, pensions and more.
Talk to Aon - your essential global benefits advisor - to elevate your employee experience across the globe and deliver a better tomorrow, starting today.
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