In our previous article* we saw how the growth and geographical expansion of multinationals is leading to increasing international mobility, and new challenges for the HR function. Now we’ll look at the issues surrounding a specific area of benefit provision – group life and disability cover – and discuss the range of solutions available.

Home to Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, South Asia is one of the most dynamic regions in the world, with a population of 1.67 billion people and economic growth of 7.1 percent over the last decade, according to the World Bank. With growth topping 6.9 percent in 2018 and set to accelerate to 7.1 percent this year, South Asia is firming up its position as the world’s fastest-growing region, further extending its lead over East Asia and the Pacific, according to a World Bank regional economic update.

Anyone who follows trends in cinema will have noticed films for, and about, “baby boomers” that play to themes of memory. With HR profession at a crossroads, just like in one of those movies, I seem to remember having been here before!

Most organizations significantly lag behind their employees’ expectations for total rewards offerings, according to Bersin’s High-Impact Rewards (HIR) research, a new study area that focuses on employee total rewards. The study released in April 2018 suggests that, with the right strategies in place, organizations that fall short of employee expectations can build a rewards brand that attracts, retains and motivates the most talented workers. As employees and candidates become

The European Union’s General Data Protection Regulation (GDPR), which will come into force on May 25, 2018, is European in scope but with global implications. In an effort to protect personal data against unauthorized access and tampering, it strengthens the rights of individuals (such as the right of access, right of rectification, and right to be forgotten) and sets up new obligations for businesses (such as setting up a register of personal data processing, responding to requests from individuals, and data security and confidentiality measures).

The management of employee benefit plans through captives continues to gain traction with multinational corporations in all sectors of industry. Captives are rarely the beginning but generally the end point of a risk management journey. Every journey has a starting point, of course. This year’s European Captive Forum (ECF) in Luxembourg included several employee benefit related breakout sessions. One was called “Getting Started – What Do You Need to Consider and What Is the Role of HR?”

Human resources has successfully partnered with various functional areas for many years. Finance and HR partner to manage costs and optimize the value of compensation packages and other employee rewards. Operations and HR partner on devising solutions for work design, scheduling, and staffing. Marketing and HR partner to convert the firm’s brand into organizational culture and an employer brand.

Navigating the ever-changing global HR, Law & Tax, and Communications maze: An interview with Guy Abbiss, Managing Partner of Abbiss Cadres LLP and one of the founders of the CELIA Alliance of professional service firms