The development of employees’ international mobility may be slowed down by inappropriate employee benefit and pension plans.
There are various types of international careers and their complex nature often requires specific management according to:
- The employee benefit systems applicable in the different countries of origin and host countries,
- The type of contract (expatriation, assignment, secondment, local contract, local plus, etc.),
- And the organizational structure of the employer and of its subsidiaries or offices.
Pension plans for international employees raise many challenges for companies, as they must optimize costs and provide employees with visibility in view of the uncertain future of pension systems in some countries.
In order to anticipate the retirement of your international employees as effectively as possible, it is essential that appropriate HR systems are designed as of now.