To broaden our range of services to international clients, Aon Consulting has developed the Global Benefits Network. This network focuses on the needs of multinational companies with regard to their local Employee Benefit plans and leverages the support of Aon’s international representation. Aon globally spans over 120 countries and the Aon Global Benefits Network covers some 95 countries.
Global companies need to share talent, resources and capabilities across borders. Their employees often relocate to other countries to lead, teach, learn and build the business. Aon Consulting provides impartial, professional and independent advice and assists companies in designing and implementing the most appropriate expatriate benefits package − including retirement, death, disability, and hospitalization coverages.
It’s not easy to keep compensation and benefit plans aligned with market practice globally. The key to keeping your company’s compensation and benefits programs competitive is to review them periodically and to carefully measure and assess them against those offered by key competitors and others in your market place.
Insurance markets and benefits practices differ from country to country, making it challenging for global companies to structure provider relationships in multiple countries that are cost-effective and provide cash flow potential at the same time. The key is multinational pooling, which enables international companies to link locally underwritten insured group benefit plans in multiple countries through a common international insurance network.