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Human resources and labor relations

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The trend to a global TCN Benefits Program for US companies

Article Abstract:

US-based international companies, in a bid to be the ultimate guarantor of each third country national's (TCN) benefits, have been more inclined toward administering TCN benefit plans than any other employee group. However, this traditional approach is not right for a global business since global company employees need benefits that are transferable from one employer to the next and are safe against inflation. A newer, global approach in TCN benefits involves the freezing of accrued benefits, enhancing plan contributions and buying out any shortfall in the plan with a one-time payment.

Author: Janush, Erwin S.
Publisher: Pension Publications Ltd.
Publication Name: Benefits & Compensation International
Subject: Human resources and labor relations
ISSN: 0268-764X
Year: 1996

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European reward practices: is 'third way' pay the future?

Article Abstract:

European pay and reward practices are examined, focusing on three possible future approaches: increased European commonality, more US-style deals or a combined 'third way'.

Author: Brown, Duncan, Turping, Sheryl
Publisher: Pension Publications Ltd.
Publication Name: Benefits & Compensation International
Subject: Human resources and labor relations
ISSN: 0268-764X
Year: 1999
Europe, Compensation and benefits

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Subjects list: Analysis, Employee benefits
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