Around one in three employers (32%) businesses with staff based overseas do not benchmark their employee benefits, according to research from Towergate Health & Protection.
Over half (57%) of employers stated they do carry out benchmarking on benefits for overseas staff, with more than one third (37%) believing it to worthwhile exercise in terms of directing benefits spend. The main reason given for not benchmarking (25%) was that it was too expensive or that employers simply did not know how to do it. Employers with overseas staff were most likely to benchmark by geographical region (45%), then by size of company (41%), and are least likely to benchmark by sector (28%). Towergate stated that benchmarking employee benefits acts as a useful tool to "of...
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