More than three-quarters of multinationals surveyed by Mercer are looking to better manage the global financial, strategic and reputational risks posed by their employee benefit plans.
More companies globally are awarding bonuses in 2010, but bonuses are more likely to be strongly tied to the bottom line with more challenging targets and greater focus on return on investment.
Understanding how severance practices vary by country is a critical component of an effective global workforce strategy, more so now than ever, given the worldwide economic slowdown, according to ...
Companies worldwide have not done enough to better manage pension risk in light of the global economic downturn, according to a study by consultancy Hewitt Associates.
The number of U.S. companies implementing cost-cutting measures, including salary freezes and smaller pay raises, rose sharply from October to December 2008, according to a survey by consultancy Watson Wyatt.
A significant majority of multinational companies are trying to be selective in planning 2009 workforce reductions and compensation/benefits cuts, even as they anticipate a decline in their company’s business performance in 2009 ...
