Multinational companies have long wrestled with the challenge of effectively managing and integrating their reward and benefit programs globally. In fact, no issue is more difficult than striking the right balance between global consistency and local flexibility.
A truly global strategy translates your organization’s guiding principles into robust frameworks that guide your programs wherever you do business. And it addresses the following questions: Do we have a global policy in place? Is our policy fully integrated with our key business goals? Are our lines of authority for global governance and oversight fragmented or unified? Multinationals that address these issues in a comprehensive, consistent way across regions create a powerful competitive advantage and solidify their corporate governance.