{"id":267,"date":"2025-02-24T13:27:09","date_gmt":"2025-02-24T13:27:09","guid":{"rendered":"https:\/\/www.hrm-across-boundaries.com\/?p=267"},"modified":"2025-08-01T10:02:22","modified_gmt":"2025-08-01T10:02:22","slug":"becoming-an-expert-on-global-compensation-benefits","status":"publish","type":"post","link":"https:\/\/www.hrm-across-boundaries.com\/?p=267","title":{"rendered":"Becoming an expert on Global Compensation &amp; Benefits?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2026can you really?&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When discussing <strong>Global Comp &amp; Ben<\/strong> we often think of employees\/managers going to another country to work on differing contracts and compensation packages \u2013 or taking on responsibilities of managing employees in more than one country.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The employer has to consider implications of tax, health insurance, pension, cash compensation, house allowances, local labour law and so much more that is dictated by the host country \u2013 and what is appropriate in their home country.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Just being an expert, say in one country on pensions is difficult enough, very complex and handling all perspectives on global Comp &amp; Ben in many countries is clearly an up-hill challenge. For example: I never stop being surprised about how many different health profiles people can have \u2013 and there are difficulties accommodating these health issues into health insurance providers\u2019 policies and their terms and conditions!&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Even if you worked with Global Comp &amp; Ben for a lot of years, which I have, I would not say we are ever experts on Global Comp &amp; Ben \u2013 we are probably specialists on how to deal with experts in this field.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">So please relax \u2013 you will not be able to deal with all of it yourself\u2026!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Is it really that easy?&nbsp;<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">No, Global Comp &amp; Ben is much more than global mobility.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It also contains implementing strategy and building structures in the Compensation &amp; Benefits area, deciding on company policies, trying to find ways to evaluate and benchmark how the organisation\u2019s benefits are appreciated and if their effort lead to better wellbeing for their staff in the countries where they operate. Global Comp &amp; Ben also includes working environment, working times, place to work etc and I think we better call it <strong>Total Rewards, <\/strong>though a great working environment will also affect the employee as much as the compensation.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We hear the expression \u201c<strong>Job Crafting<\/strong>\u201d more often nowadays and that is not only about how many days a week an employee could work from home. A lot of things happen in a person\u00b4s life over a lifetime and the meaning of Job Crafting is for the employee to design their work schedule, including benefits needed at the time, to match their work into present life situation and will change over time. This is becoming as important as cash compensation for employers to attract new and existing staff.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">My daughter was very ill at one point and I will never forget my employer at the time saying \u201cgo and come as you please for a while \u2026here is a parking space for you\u201d. No need to say that organisation had the very best of me.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">These were some of the topics discussed at the labour market fair \u201cPersonal &amp; Chef 2025\u201d in Sweden this month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"769\" data-id=\"281\" src=\"https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMworkshop-scaled-e1740405577862-1024x769.jpg\" alt=\"\" class=\"wp-image-281\" style=\"aspect-ratio:1;object-fit:cover\" srcset=\"https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMworkshop-scaled-e1740405577862-1024x769.jpg 1024w, https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMworkshop-scaled-e1740405577862-300x225.jpg 300w, https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMworkshop-scaled-e1740405577862-768x577.jpg 768w, https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMworkshop-scaled-e1740405577862-1536x1154.jpg 1536w, https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMworkshop-scaled-e1740405577862.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"2002\" height=\"2002\" data-id=\"288\" src=\"https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMZZZZ-edited.jpg\" alt=\"\" class=\"wp-image-288\" srcset=\"https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMZZZZ-edited.jpg 2002w, https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMZZZZ-edited-300x300.jpg 300w, https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMZZZZ-edited-1024x1024.jpg 1024w, https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMZZZZ-edited-150x150.jpg 150w, https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMZZZZ-edited-768x768.jpg 768w, https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMZZZZ-edited-1536x1536.jpg 1536w\" sizes=\"auto, (max-width: 2002px) 100vw, 2002px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"806\" data-id=\"285\" src=\"https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMSWork-1024x806.jpg\" alt=\"\" class=\"wp-image-285\" srcset=\"https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMSWork-1024x806.jpg 1024w, https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMSWork-300x236.jpg 300w, https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMSWork-768x604.jpg 768w, https:\/\/www.hrm-across-boundaries.com\/wp-content\/uploads\/2025\/02\/HRMSWork.jpg 1094w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2026can you really?&nbsp; When discussing Global Comp &amp; Ben we often think of employees\/managers going to another country to work on differing contracts and compensation packages \u2013 or taking on responsibilities of managing employees in more than one country.&nbsp; The employer has to consider implications of tax, health insurance, pension, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":281,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-compensation-benefit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Becoming an expert on Global Compensation &amp; Benefits? 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