Balance cost with empathy to get maximum return on your benefits

Recent global social, economic and political shifts have brought the importance of employer healthcare provision into clearer focus than ever. Consequently, employee benefits are taking an increasingly central role in the employee value proposition.

Companies with operations spread across multiple geographies can find that – unless managed properly – costs and complexity associated with financing and administering benefits can escalate. 

Mercer March Benefits can offer additional services relating to both administration (Global Benefits Management) and financing of benefits (multinational pooling arrangements, global insurance programmes and captive arrangements) to help reduce costs and risk.

Innovations and developments arising from an increased focus on sustainability and inclusion, growing need for workplace well-being solutions and a desire for equity across workforces – along with increasing medical costs, means that benefit budgets are struggling to keep pace.

Robust cost containment strategies, focused benefit spend, and efficient financing methods are more important than ever to ensure companies get the most value and impact from their employee benefit budgets.