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Global trends

As global business travel continues to increase at a rapid pace, International SOS and Control Risks in April 2018 published insight into the importance of travel security support to the business traveler. In the past two years alone, demand for security advice has grown by almost 30%, and has had an 800% increase since 2008¹. On average, over 100 business travelers and international assignees a day have been supported

All over the world, people are living longer. A large part of this is due to improved treatment for illness; we can see this in the reduction in death rates from cardiovascular disease and the 32% reduction in mortality from chronic obstructive pulmonary disease worldwide in the past 20 years.

Expat assignments create or destroy value and leave positive or negative legacies depending on the success of the expat’s ability to integrate into the host culture(s). Cultural integration requires global skills on the one hand and acceptance from the host country office (even when taking on a global role while sitting at the host country office) on the other hand.

Global HR executives face a distinct set of challenges every year. Our rapidly, constantly changing world is growing more sophisticated, expanding its labor pool and pressing employers, at every turn, to find new and efficient ways to add value to their organizations. Multinational companies must compete as employers of choice to meet their financial and overall organizational goals in 2016 and beyond.

Global Benefits Vision asked Lance Henderson, Head of Sales and Relationship Management at Zurich Global Employee Benefits Solutions, about his view on latest trends in Employee Benefits and discussed topics like the “Duty of Care” concept, the Income Protection Gap, and solutions that can help multinationals to address those challenges.