Employee Benefit
Case Studies

Case Study - Global Benefits

 

Background
A leading technology design firm with 500 employees worldwide faced a need to control costs and consolidate their one off (by country) employee benefit program for over 20 countries to one unified globally strategy.

 

Situation

● The organization was operating 24 costly cost benefit plans that did not align with the changing organization or the changing workforce.
● The international practice at IBP led a project team to evaluate the alternatives available to the organization.

 

Solution

● The IBP team recommended that the organization consolidate global coverage with one vendor.

● The new and improved program resulted in a consistent global offering with annual savings in excess of $250,000 per year.

● These savings will help the organization remain competitive in a cost-conscious global marketplace.