The term “employee benefit” tends to conjure up thoughts of health care, retirement plans and various forms of insurance. But in some parts of the world, as revealed by Mercer’s 2012 Worldwide Benefit & Employment Guidelines and other research, employees enjoy certain benefits focused on supporting local traditions, raising the standard of living, rewarding long service or even, in an interesting new trend, raising a brow line.
“Each country around the world, and even each region within certain countries, has its own practices and traditions regarding employee benefits,” says Samantha Polovina, the Mercer Principal responsible for the report. “That makes it especially challenging for multinational employers. Most of them are likely to have a core set of benefits that are available to all employees, but they also need to tailor benefit programs by country to meet these specific, local requirements and expectations.”
Learn more about unusual benefit practices around the world.
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For more information about this survey, visit www.imercer.com/wbeg.