Are you considering bringing a minimum standard of benefits to your captive? Then you'll enjoy listening to the latest episode of the Global Captive Podcast (GCP) for a deep dive on how - and why - multinationals such as Givaudan are choosing to do so.
Nicola Fordham, Chief Solutions Officer at MAXIS, and Christian Frener, Head of Global Benefits at Givaudan, sat down with Richard Cutcher to discuss:
How bringing in global minimum standards is part of Givaudan's broader philosophy of total rewards and global employee benefits, ensuring that every employee has access to medical care, disability coverage, life insurance, retirement provision and mental health support.
Specific policies that the company has implemented, including a gender-neutral global minimum standard for paid parental leave - wherever legally possible - and standardised minimum insurance coverage for inpatient treatment.
The challenges of balancing global ambition with local reality, as each country has its own specific legal, cultural and market conditions to work around.
Stream the episode below, or on Spotify, Apple podcasts or wherever you listen to your podcasts.