Diverse Approaches to International Employee Benefits
by Andrew Wood
With multinational businesses looking to take advantage of opportunities in new and developing markets, how is their business expansion affecting international workforces and the benefit packages they receive?
Multinationals, especially those headquartered in Europe, Asia-Pacific and North America, are continuing to expand as they seek to achieve competitive advantage, diversify and gain access to new talent. As a result, many multinational companies operate in more than 100 countries and often generate over 80% of their revenues from non-domestic markets.
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