CONNECT Global Employee Benefits and Workforce Strategies Summit

Enjoy cocktails and appetizers while getting to know the speakers and other attendees. We hope you can join us!

Today’s workforce sees themselves as citizens of the world, and they are discerning when it comes to choosing an employer. This savvy group wants to work with forward-thinking organizations, renowned for cultivating an outstanding culture. To attract and retain talent, leaders need to create a dynamic workplace atmosphere that fosters fairness, camaraderie and acceptance. Michelle Ray will reveal the key components for building a sought-after workplace where people can thrive.

Multinational organizations are currently confronting a set of compounding challenges, including high inflation, a difficult talent market, and negative economic outlooks in many sectors and geographies. Faced with new levels of uncertainty, many are considering revisiting their approaches to employee rewards. Based on Korn Ferry’s research on 4,000 global organizations, this session will share insights on how organizations are adapting their reward program strategies and designs in response to a rapidly changing world.

Global mobility is becoming pivotal due to the growing interconnectedness of economies and workforces worldwide. And while compensation and benefits professionals are often called on to advise in these situations, most professionals are not mobility experts. Join us as we go beyond the surface, providing Total Rewards and benefits professionals with indispensable insights to navigate the complex world of cross-border compensation. Through real-world case studies and benchmarking, we’ll explore the art of comparing salaries across borders—accounting for diverse tax structures and cost-of-living variations—and share best practices for managing social security, pension and health care disparities.

Designing and implementing a global equity plan can be a complex and challenging task. There are a number of factors to consider, including legal and regulatory requirements, tax implications and cultural differences. This session will discuss some of the key challenges that companies face when designing global equity plans, as well as best practices for overcoming these challenges.

Global health care costs have seen the largest jump in a decade in 2024, leaving employers to foot an increasingly larger bill while still trying to provide best-in-class benefits for their employees. With many benefits companies claiming to lower health care costs and improve health outcomes and employee loyalty, it can be hard for employers to break through the noise. How can you find benefits that will actually make a tangible difference in the lives of your employees and on your bottom line? This session will provide an action plan for finding an end-to-end family benefits vendor that truly moves the needle. You’ll walk away knowing how to build a comprehensive family benefits program that better supports employees globally, improves employee well-being and lowers health care costs.

In this engaging and interactive session, we’ll delve into the vital aspects of vendor management to create a seamless and positive employee experience while optimizing cost efficiency. Through a blend of insightful content, real-world scenarios and hands-on activities, this session will empower you to maximize the value of your vendor relationships. You’ll learn to assess, enhance and collaborate with vendors effectively, ensuring your employees receive the best possible care when they need it, from the right solution. We’ll explore the art of effective communication and craft strategies that not only demystify health and welfare benefits but also ignite proactive vendor and employee engagement.

This session will share insights on using corporate values and strategies to identify and execute on benchmarking goals for global employees. You’ll learn how to:

• Speak to corporate values and governance strategies as they relate to your global benefits strategy
• Identify your global benefit objectives as well as common hurdles to achieving a consistent global benefits offering across multiple geographies
• Identify a corporate standard approach to benchmarking
• Adopt and use this targeted benchmark across all global locations.

This in-depth case study will showcase how Cummins, Inc., a global Fortune 500 company, has successfully implemented a multi-year global communications and engagement strategy to tackle mental health stigma within their organization. We will explore the need for the program and look at all the ways Cummins is supporting mental health in the workplace through a comprehensive strategy, reaching employees across the globe to help them find resources to better care for their mental health and the mental health of their family members.

This session will walk you through a view of the world as it is today and what to expect throughout the year. This global session is designed to arm you with information that will help your organization thrive in 2024 and beyond, providing updates on back-to-work strategies around the world as well as economic, HR, and compensation and benefit trends/regulations that will affect your organization. We’ll provide updates on many regions, including North America, Europe, Asia-Pacific (APAC), Latin America, Middle East and Africa (MEA), and emerging markets—plus EU Directives, GDPR and other relevant country-specific issues, including AI.

This session will cover topics related to strategic planning and the management of benefits resulting from a merger or acquisition. It will address key points to consider throughout the deal process, from due diligence to the harmonization of plans. We will share two case studies and learnings from recent experiences.

Companies are rightly looking to have inclusive and diverse benefits and have implemented many new programs in the past few years. But for multinationals, administration of these programs is becoming onerous and problematic. A global lifestyle wallet aims to simplify benefit delivery and deliver maximum flexibility. Instead of managing a plethora of benefit plans, many of which have low utilization, they offer a benefits allowance delivered through a debit card. This session will discuss the potential advantages and issues, as well as case studies on what others have successfully accomplished.

Artificial intelligence (AI) is having a profound impact on all areas in which we live and work, including health and wellness. This session will help you:

• Understand the current landscape, identifying and analyzing the existing employee health experience in organizations, and exploring challenges and opportunities with the current approach
• Understand the role of AI in health care, including how it can improve care outcomes and employee satisfaction while reducing overhead spend
• Design a user-centric health experience, giving you the skills you need to create a seamless and user-friendly health experience that caters to the diverse needs of employees.

A recap and look forward to emerging workplace, benefits and Total Rewards trends