Zenefits in June 2016 announced it will cut 106 jobs, or about 9% of its workforce, and close an Arizona sales operation as it addresses licensing and governance issues. GBV in February 2016 had published another report on Zenefits, Zenefits hits more turbulence. In total, Zenefits has now announced about 350 layoffs or approximately one quarter of its workforce, mostly in sales; including resignations, there remain fewer than 1,100
In an unexpected move, French teachers’ mutual insurance company MGEN (Mutuelle Générale de l’Education Nationale) in October 2016 launched its MGEN International Benefits (MGEN IB) unit, dedicated to expatriates. MGEN IB will develop a range of insured life and health products for globally mobile people originating from any country. It will address both individual and corporate markets in France and abroad, dealing with stays of any duration, from a
Employee benefits in France are provided by several types of insurance carriers, some of which are particular to that country—and that results in some confusion. Here is a brief overview of the main types of players. French English Translation Coverage Offered Applicable Laws and Regulations Institutions de Prévoyance (IP) Provident Institutions Paritarian Institutions Group health, life, pensions Social Security Code Groupe de Protection Sociale (GPS) Social Protection Group (grouping
At a recent global economic conference entitled Leading in Uncertain Times, Isabelle Kocher, CEO of ENGIE, said that for a global organization, the key to being nimble and profitable is for leadership at the top to be connected to what is happening on the ground.