transcript   Transcript

Launching International Employee Compensation, Equity, Bonus and Benefits Plans

Recorded on: Aug. 1, 2017
Running Time: 01:04:55

Full Transcript:

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Taken from the briefing Launching International Employee Compensation, Equity, Bonus and Benefits Plans recorded July, 2017 in New York.

Harmonizing employee remuneration across national markets is increasingly important in today’s global economy. Indeed, globally integrating certain aspects of employee pay and benefits is on the front lines of international human resources integration—often the first aspect of HR that multinationals decide to align across borders. This is because pay and benefits offerings, particularly for executives, are increasingly vital for motivating and integrating “talent” internationally.

These days, multinationals regionalize or globalize all sorts of remuneration offerings that back in an earlier era were purely local. Examples include: cross-border equity/stock plans, global profit-sharing plans, regional sales commission plans, international sales incentive plans, cross-border variable compensation/pay-for-performance plans, multi-jurisdictional executive retention bonuses, international severance pay plans, global tuition reimbursement programs, certain insurance benefits—even company cars for executives, international employee assistance programs and global adoption expense reimbursement plans.

While a multinational may identify pressing business and HR reasons to expand a particular element of staff remuneration internationally, the mechanics of rolling out—and funding—a legally-compliant international “rewards” offering inevitably get complex. Launching or updating a cross-border pay or employee benefits program requires a proactive, strategic approach for complying with legal constraints across the relevant countries.

Lecture Topics  [01:04:55]

Listen Donald C. Dowling, Jr. of K&L Gates LLP for this presentation.

What you will learn:

  • This session lays out and explains the 15 discrete steps to account for when launching any employee compensation, bonus or benefits plan across international borders.
  • This session addresses cross-border executive and broad-based compensation and benefits offerings across a multinational’s worldwide operations (this session is not focused on expatriate remuneration).

Who should attend:

  • Benefits/compensation professionals at multinational employers
  • HR generalists at multinational employers with cross-border responsibilities
  • Outside consultants, lawyers and equity-plan/benefits administrators that advise on international compensation, equity and benefits offerings

Presentation Material

  • How to Align an International Labor Strategy for Overseas Unions, Works Councils and Other Worker Representatives
    Donald C. Dowling, Jr.
  • How to Launch an Employee Compensation, Bonus or Benefits Plan Internationally
    Donald C. Dowling, Jr.
  • How to Launch an Employment Discrimination, Harassment, Diversity or Affirmative Action Initiative on a Global Scale
    Donald C. Dowling, Jr.
  • How to Make Global Employee Communications Comply with Overseas Translation Mandates
    Donald C. Dowling, Jr.
  • Launching International Employee Compensation, Equity, Bonus and Benefits Plans
    Donald C. Dowling, Jr.
Donald C Dowling, Jr. ~ K&L Gates LLP
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