NFP is an international benefits consultancy that provides support to predominantly US based multinational organisations. We assist well established organisations as well as new companies expanding their global footprint by conducting such projects as:
New Country Start Up
We work with organisations when they are looking at setting up operations in a new country. By using our own intellectual capital, experience and relationships with local brokers, we are able to confirm to clients what is standard practice in terms of employer sponsored supplemental plans and what statutory benefits look like; as well as fully benchmarking against their competitors in that region. Beyond this, NFP can assist in the set up of employee benefits with local brokers on the ground.
Global Benefits Audit
For those organisations already operating in a particular country, NFP can undertake a full benefit audit and analysis to identify whether an organisation is under, above or at benchmark for that country, within their sector. NFP will gather all the necessary data from the client, cleanse and produce a comprehensive report detailing the findings along with a detailed list of recommendations and options regarding scalability of benefits, global solutions, multinational pooling and other potential global; solutions that may work alongside any local plans.
Global Benefits Retainer
Whereas the services above are typically ad-hoc projects, NFP can act as a clients’ ‘go-to’ international benefits consultant for all ongoing global benefits support. We work with a large number of clients in which we have a full ongoing overview of all plans in all countries and act as a single source for all benefits enquiries. Within this, NFP is able to support clients in areas such as; renewal management for all plans in all countries, keeping clients informed of any changes in local compliance and legislation that may affect the benefits provided in individual countries; and ongoing benchmarking and trends analysis that allows NFP to monitor employee demographics and local competitiveness within that clients’ sector.
NFP work alongside organisations ranging from those within 2 countries up to those in excess of 50; and take the time to fully understand the objectives of a business and the various cultures that exist in the various locations in which they operate.
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